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fan/collector is concerned. While many were                                         guarantee, which is not the same thing as a
            and continue to be willing to sign something for                                    Certificate of Authenticity. All over the internet one
            a passing fan and at events (with notable                                           can find autographed items but there it's Buyer
            exceptions in all arenas), things started changing                                  Beware. In Sports, it was common practice for a
            with regard to this interaction when the intent                                     clubhouse attendant to sign baseballs on behalf of a
            changed,   and   autographs    went   from                                          star player, just to save him time; these are commonly
            personally cherished items to a commodity on                                        referred to as “clubhouse signatures.” In other fields,
            the open market with an established value.                                          especially entertainment, fans would write to obtain
               The desire to control the commercialization                                      autographs of their favorite stars on pictures or let-
            of their name, now referred to as their brand,                                      ters. It was common practice to send out items with
            combined with fan aggressiveness and the                                            preprinted signatures or an original signature signed
            security concerns that surround fame keep                                           by one of the star’s staff members; these are com-
            celebrities today distanced from their fans and                                     monly referred to as “secretarial signatures.” Finally,
            the random encounters for signing that formed                                       it was common practice for many years to have the
            the core of many mid-20th century autograph                                         notable's actual signature applied to the paper with a
            collections. The fewer autographs in circulation                                    mechanical device known as an “autopen.” These
            for a big name celebrity, the more value they can                                   mimicked the signature of the person perfectly and
            command on the market, especially those                                             can be difficult to determine without knowledge.
            obtained in person and with proof of authenticity.                                  This practice was extremely common with famous
            Which leaves many celebrities asking why others                                     politicians and business people.
            should profit from their name and fame, and
            not them? This question has led many to change
            their policies around signing. This includes per-                                   The Art of Autographs
            sonalizing their signatures (standalone signatures   John Hancock (with his famous signature)    While some collect autographs as a hobby, and
            are often more valuable than items signed and            by Alonzo Chapel           some through chance encounters, others look to
            inscribed to the fan), commanding a signing fee,                                    acquire something that when framed or displayed
            and generally refusing to sign.                                   becomes a piece of art or decorative object, as well as a great conversa-
                                                                              tion starter. The Signature Art Market has taken the autograph to a new
                                                                              commodity level, online and in retail stores that sell framed, signed
                                                                              photos, instruments, and sports memorabilia. These items are most often
            Signing Events
               For those unable to get an autograph in person through a chance   sold at a premium over the fair market value of the signature for their
            encounter, the next best thing is at a signing event, which today has   novelty and artful presentation, and may or may not come with a COA.
            turned into big business – not only for A-List celebrities for whom
            access commands big bucks but those on the ascendency and waning
                                              days of their career.           Caveat Emptor
                                                 From tech conferences to        In 2016, California introduced a new autographed memorabilia law,
                                              comic cons, Hall of Fame week-  “AB-1570 Collectibles: sale of autographed memorabilia.” It immediately
                                              ends, fan days, celebrity auc-  threw the autograph market into panic mode and made the rest of the
                                              tions, and book signings, notable   country sit up and take notice in case other states started to look at
                                              public personalities from all   regulating this segment of the market, as well. The law stated that any
                                              walks of fame can make a side-  dealer (natural person or legal entity) selling to consumers in California,
                                              hustle or sometimes their liveli-  or who operates in California, that sells autographed memorabilia at a
                                              hood off autograph signing      price exceeding $5 or more must provide a Certificate Of Authenticity
                                              events. The public continues to   (COA) for the item being sold. AB-1570 looked to affect a wide range of
                                              have a fascination with meeting   autographed items, including those offered by memorabilia sellers, art
                                              someone they admire or remem-   dealers, auctioneers, and estate tag sale companies, and booksellers.
                                              ber fondly from their past, and    Understanding the full implications of the law—perhaps better than
              Stan Lee at an autographing event. “I   receiving a signed memento as a   the legislators—California's dealer community went into overdrive to
            would write the stories, and hope the public   souvenir and proof of the   try and clarify and amend the legislation. AB-1570’s goals were to
             would buy them and like them, and then   exchange; however, how they'll   prevent the distribution of forged autographs, but many booksellers
             I’d be able to pay the rent. I never really   sign and what they'll sign is up   and art dealers felt they were being swept up by a vague law with
            spent time thinking how long will that last,                      onerous requirements that,
              because I knew if the character became   to the signer and can greatly   among other things, called for
            unpopular, I can always write another one.   affect resale value, which is, of   proof of provenance and
                I was always writing other ones.”  course, their intent.      authenticity to buy and sell

                                                                              autographed items. In 2018,
                                                                              booksellers were successful in
            Buying at Auction
               Auction houses continue to play an active role in the autograph    getting the law amended to
            market at both the low and high end. At the high end, auction houses   exclude all books, manuscripts,
            such as Cowan’s, Swann, Heritage Auctions, and Bonhams, among    correspondence,     and    any
            others, regularly include signed historic documents and personal corre-  ephemera unrelated to sports or
            spondence in their historic documents and manuscript auctions, and   entertainment media from the
            signed memorabilia in their specialty, sports memorabilia, entertainment   “autographed collectibles” regu-
            and celebrity auctions. You also have online sites such as rrauction.com,   lation outlined in AB-1570, but
            which primarily makes a market in all types of signed items, and    the onus is still on dealers and
            numerous specialty auction houses for signed sports memorabilia, books,   auction houses making a market
            historical documents, rock memorabilia, etc. For collectors and fans    in signed memorabilia and
            willing to make an investment in something they want, reputable auction   ephemera to keep, prove, file,
            houses that are willing to provide a Certificate of Authenticity (COA) are   and pass on a paper trail of
            the next best thing to a personal signing.                        authenticity for any signed
               At the other end of the market are the online auction houses that   item worth over $5 or face a   Babe Ruth signs autographs for adoring
            seem to be able to get anything you want and offer a hand-signed    financial penalty.                 children. Photo by Irving Haberman.
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