Grey Flannel Auctions

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2015-06-26 11:01:18

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Grey Flannel Auctions is a US sports memorabilia auctioneer based in Westhampton, New York.

It is regarded as one of the leading sports memorabilia auction houses and authenticators of game worn jerseys in the country.

Grey Flannel Auctions is the Major League Baseball Players Alumni Association’s chosen auction house and is the official appraiser for the Naismith Memorial Basketball Hall of Fame.

History

Grey Flannel was established in 1989 by Richard Russek and Andy Imperato in New York. It started out as an authenticator and appraiser of sports memorabilia.

In 1994 the company was chosen as the official appraiser and authenticator for the Naismith Memorial Basketball Hall Of Fame.

Sotheby’s hired the company in 1998 to authenticate the uniform collection of Barry Halper. Halper's large collection rivalled the Baseball Hall of Fame in terms of scope. It went to auction in 1999.

Grey Flannel entered the world of auctioneering in 1999. The company has since held more than 25 sales.

It holds auctions twice a year: in early summer and late autumn.

Appraisals

The company offers free appraisals, with regular events at which the public can bring their items.

Expertise

The company has a range of key specialisms. These include:

Autographs, including signed baseballs and bats, guitars and magazines
• Game-worn jerseys
Trading cards and programmes
Photographs
• Rings, such as Super Bowl winners' rings
• Horse racing items
• Coin operated machines, including punch bags, love testers, table sport games and candy machines

Notable sales

A 1932 Babe Ruth game worn baseball jersey from the “called shot" game sold for $940,000 in 2005.

A circa 1983 Michael Jordan game-worn jersey from his college days at North Carolina sold for $114,000 in 2008.

A 1970 game used helmet, worn by Len Dawson of the Kansas City Chiefs in Super Bowl IV achieved $36,716 in 2008.

A December 2010 auction saw a 1973-74 Milwaukee Bucks warm-up top worn by basketball star Kareem Abdul-Jabbar receive 25 bids and make $96,631. The same auction saw a 1997-98 Wayne Gretzky New York Rangers game-used hockey jersey achieve $9,424.

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