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Today we are looking into Jimmie Foxx Signed Game-Used Bat that IPOs on Wednesday, September 1st at 2:30 PM ET at Collectable.
1936-37 Jimmie Foxx Game Used and Signed
About the Asset
This is a 1936-37 game-used and signed (and inscribed) Jimmie Foxx bat that has been graded as a GU 9.5 by PSA/DNA. According to PSA there are 29 total game-used Foxx bats that have been graded and only 1 other that is signed.
It most recently sold for $75,000 at Heritage auctions last December.
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- Projected future growth
- Asset class ROI, volatility and risk statistics
- Detailed valuation with recent sales
- Our verdict
About the Drop
This asset will drop on Collectable at 2:30 PM ET on September 1st, 2021 for $93,500. There is no retained equity. Collectable has been scheduling their IPOs for trading around 3 months after they fund, though recently some assets have been pushed back further than that.
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About Jimmie Foxx
One of the greatest sluggers in baseball history, Foxx made his debut at age 17 for the Philadelphia Athletics, the team he would play for the first eleven seasons of his career, winning 2 MVPs and leading them to three American League Pennants and two World Series titles. He had his greatest season in 1932, when he hit .364 with 58 home runs, 169 RBI and an otherworldy 1.218 OPS. He followed that up by winning the Triple Crown in 1933. He was traded to the Red Sox in 1936, and won another MVP with them in 1938, hitting 50 home runs and driving in 175.
He was essentially done as a productive player by age 33, though he did end his career in 1945 as a two-way player, pitching 9 games with a 1.59 ERA at the age of 37. When he retired, he was 2nd on the career HR list with 534 and he was elected to the Hall of Fame in 1951.
The 1936 and 1937 seasons, in which he used this bat, were squarely within his peak — he made the All-Star team both years — but neither were his MVP years or years in which he played in the World Series.
While he is certainly one of the greatest first basemen ever to play, he has become somewhat underrated and lost to history — you have to be a pretty big baseball fan to know about him. You can see the relative popularity of classic baseball players below and Foxx barely registers.
Sports Memorabilia posted a -15% ROI in Q2 2021.
Recent Sales and Current Valuation
The fact that the population of signed, game-used bats is only 2 does open up the possibility of a buyout but that’s not something to count on.