eBay Kicks-Off New Event Series to Authenticate and Showcase High-Value Collectibles
SAN JOSE, Calif., April 7, 2021 /PRNewswire/ -- Addressing the enormous surge in popularity of collectible goods – such as sneakers, luxury watches, and trading cards – eBay today announces that it will host events across the country to authenticate some of the most sought-after items in these top sales categories. Taking place in select major cities over the next several weeks, eBay will invite enthusiasts to have their items authenticated on-site, mirroring the authentication practice that the online marketplace offers across these categories.
"Younger generations have upended the idea of a traditional portfolio by marrying their passions with financial opportunity," said Jordan Sweetnam, Senior Vice President, eBay North America. "We've transformed the eBay experience to reflect that change in behavior, ensuring the authenticity of the most covetable, collectible and investment-worthy items in our marketplace."
In each city, eBay will also give fans an all-access look at some of the most unique collections of athletes and celebrities, starting in Atlanta with basketball star Trae Young's collection of luxury watches.
"Today's most recognized personalities are frequently known for their unique collections as much as they are their professions – for a lot of celebrities, it's become part of their brand," said Charis Márquez, Vice President of Fashion, eBay. "We're partnering with these high-profile collectors to unearth incredibly rare and one-of-a-kind collectible items, offering a peek into the most jaw-dropping collections across the country."
Basketball Star Trae Young Shows Off his Enviable Watch Collection:
After Atlanta, eBay will host additional collector events in Nashville, Seattle, Las Vegas and Austin, showcasing top collections in each city, including rare and 1 of 1 items from celebrities, sports stars and collectors.
How it works:
Recent data1 show that the global sneaker, watch and trading card resale markets are alued in the billions, and expected to continue to surge. As collectors begin to regard these "hobbies" as serious investment opportunities, authentication has never been more important for confirming the value of these collections.
As the original marketplace for enthusiasts and collectors, eBay acts as one of the biggest "trading platforms" for these growing investment categories, including new and vintage sneakers, luxury watches, and trading cards from sports, to Pokemon to Magic the Gathering.
With the launch of Authenticity Guarantee, eBay has changed the way people buy and sell on the platform. Since launching the program six months ago, the variety of products that eBay is authenticating has kept pace with the types of items and inventory that its collector base is seeking out. Core to eBay's Authenticity Guarantee offering are the third party independent experts that fully vet and verify items through comprehensive inspections. More categories will be added to the program in the coming months.
Learn more about eBay's elevated authentication experience at ebay.com/buyauthentic, and head to ebay.com/sneakers and eBay.com/luxurywatches to shop. Follow @eBaysneakers on Instagram and Twitter, @eBaywatches on Instagram and @eBay on Twitter, YouTube and Facebook.
More on eBay's Most Popular Collectibles:
eBay Sneakers by the Numbers:
*average daily live listings number for 2020
eBay Luxury Watches by the Numbers:
eBay Trading Cards by the Numbers:
1Boston Consulting Group Survey, Secondhand Luxury Market; Cowen & Co Survey, Sneaker Resale Market
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SOURCE eBay Inc.
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