WORCESTER, Mass., July 14 /PRNewswire-FirstCall/ -- Building on the success of its first Autograph Authentication and Sports Collectibles Buying Day on May 16, Paid, Inc.'s (BULLETIN BOARD: PAYD) Rotman Auction is hosting a second Sports Autograph Authentication and Collectibles Buying day with PSA/DNA on July 17th, 11a.m. - 4 p.m. at Rotman Auction, 4 Brussels St., Worcester, Mass. Owners of autographed sports, entertainment, historical and political memorabilia can have their autographed items authenticated by one of the world's foremost autograph experts -- PSA/DNA's Jimmy Spence. Additionally collectors can sell non-autographed or autographed memorabilia and collectibles of all types for CA$H to Rotman Auction.
Babe Ruth Signed Baseballs Valued at $12,000 Plus
At the May 16th event, avid sports collectors brought more than a hundred items for authentication by PSA/DNA and several of them were pleasantly surprised to discover their items were far more valuable than anticipated. Jimmy Spence examined and deemed authentic a New York Yankees team-signed Jersey, a Ted Williams-autographed Red Sox Jersey and two Babe Ruth autographed baseballs whose value he estimated at more than $12,000.
Other collectors took advantage of Rotman Auction's Buying Day as an opportunity to sell their long-held sports items. Rotman Auction purchased a vintage Connie Mack signed baseball with a book value of $1500-2000, as well as items signed by a wide variety of athletes ranging from Tiger Woods to Larry Bird.
"Our first public Sports Authentication and Buying Day was quite successful and we believe many collectors were very happy to have a hassle- free way to find out how valuable their items were and/or sell them for cash," said Joel Szlosek, Rotman Auction Purchasing Manager and Director of Auctions. "PSA/DNA's authentication service is especially important to the sports collectibles industry as it helps keep the industry honest. Since many collectors aren't intimately familiar with all the nuances of autographed memorabilia, they often don't know the realistic value of the items they own or wish to buy or sell. They also are often taken in by unscrupulous parties will try to sell forged items as genuine. With PSA/DNA's Jimmy Spence on-site for this event, collectors can be assured their items will be accurately evaluated by the recognized industry leader."
Autograph Authentication Day
As a means to enhance the value of their autographed memorabilia and ensure their authenticity, memorabilia, collectors can submit autographed items for authentication by Jimmy Spence, lead authenticator for PSA/DNA. PSA/DNA, a division of publicly held Collectors Universe , is the world's leading and largest third-party sports card authentication service. Spence's years of expertise and knowledge in the trade have established an impeccable reputation for providing professional, unbiased, expert opinions. PSA's permanent grading standard is recognized industry-wide as the best possible form of consumer protection.
Each item submitted for autograph authentication will be thoroughly examined by Mr. Spence. On items deemed authentic, PSA/DNA will apply invisible DNA laced-ink, in conjunction with its tamper-evident label and matching Certificate of Authenticity (COA) -- the PSA/DNA security matrix that thwarts counterfeiting, forgery and piracy of high-value collectibles. PSA/DNA guarantees the COA will be accepted by any major auction house or the authentication fee will be refunded.
The authentication fee for one signature ranges between $20-$250 depending upon the autograph. For a complete description/explanation of authentication fees/pricing for this event, call (508) 791-6710 or go online to http://www.psadna.com/fees.chtml#direct.
All autographed items offered for sale by Rotman Auction have Certificates of Authenticity. A PSA/DNA Certificate of Authenticity for an item undoubtedly enables the item to sell more quickly and for a higher price. PSA/DNA authenticated items are the most trusted in the industry, largely because they undergo the most comprehensive authentication process in the industry.
Rotman Auction Buying Day!
Concurrent with the Authentication Day, Rotman Auction will conduct a Collectibles Buying Day where it will be paying cash for autographed and non- autographed collectibles of all kinds! Rotman Auction is looking for sports, Hollywood, entertainment, political, Americana and every type of collectible item. If someone collects it, Rotman Auction wants to see it and potentially buy it! Rotman Auction will have experts on site to valuate and purchase a wide range of collectibles items.
Collectors who are unable to attend the event or who prefer to leave items to be reviewed can make arrangements in advance for authentication by calling Joel Slozek at (508) 791-6710 or emailing joel@rotmanauction.com. Collectors who wish to discuss collections or items they are interested in selling are invited to call or email in advance of the event. Collectors who have large collections should set up an appointment either before or after the event. Additional information about the event is available at http://www.rotmanauction.com/.
About Paid, Inc.
Paid's innovative products and services are utilized in online auction management, ecommerce and web site development and hosting. Using proprietary technology, Paid, Inc. is a respected developer of dynamic, cutting edge celebrity web sites and ecommerce storefronts that attract tens of thousands of visitors daily. Paid's AuctionInc brand auction management and shipping calculation software utilized Paid's patent-pending process technologies to streamline back-office and shipping processes for online auctions and e-commerce. Paid's Rotman Auction is an eBay Platinum Powerseller that sells thousands of items -- primarily sports, Hollywood and Americana collectibles and memorabilia -- each week on eBay. The company also builds and maintains large database-driven portals across a broad array of industries. The Company's common stock is traded on the Nasdaq OTC Bulletin Board under the symbol PAYD. For further information visit http://www.paid.com/.
Forward Looking Statements
This Press Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that are based upon current expectations or beliefs, as well as a number of assumptions about future events, including matters related to the Company's operations. Although the Company believes that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, it can give no assurance that such expectations and assumptions will prove to have been correct, including Nasdaq's announcements related to the "when-issued" status, the date in which the stock will return to T+3 trading, whether future settling and clearing of trades will occur electronically or solely through physical delivery, and any other matters related to trading of the Company's stock. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties. In addition, other factors that could cause actual results to differ materially are discussed in the Company's most recent filings, including Form 10-KSB with the Securities and Exchange Commission.
Contact:
Media Contact: Julie Shepherd, Accentuate PR, (815) 479-1833, Julie@paid.com
Investor Contact, Dennis Evanson, (719) 534-0292, dennis@paid.com
Paid, Inc.
Babe Ruth Signed Baseballs Valued at $12,000 Plus
At the May 16th event, avid sports collectors brought more than a hundred items for authentication by PSA/DNA and several of them were pleasantly surprised to discover their items were far more valuable than anticipated. Jimmy Spence examined and deemed authentic a New York Yankees team-signed Jersey, a Ted Williams-autographed Red Sox Jersey and two Babe Ruth autographed baseballs whose value he estimated at more than $12,000.
Other collectors took advantage of Rotman Auction's Buying Day as an opportunity to sell their long-held sports items. Rotman Auction purchased a vintage Connie Mack signed baseball with a book value of $1500-2000, as well as items signed by a wide variety of athletes ranging from Tiger Woods to Larry Bird.
"Our first public Sports Authentication and Buying Day was quite successful and we believe many collectors were very happy to have a hassle- free way to find out how valuable their items were and/or sell them for cash," said Joel Szlosek, Rotman Auction Purchasing Manager and Director of Auctions. "PSA/DNA's authentication service is especially important to the sports collectibles industry as it helps keep the industry honest. Since many collectors aren't intimately familiar with all the nuances of autographed memorabilia, they often don't know the realistic value of the items they own or wish to buy or sell. They also are often taken in by unscrupulous parties will try to sell forged items as genuine. With PSA/DNA's Jimmy Spence on-site for this event, collectors can be assured their items will be accurately evaluated by the recognized industry leader."
Autograph Authentication Day
As a means to enhance the value of their autographed memorabilia and ensure their authenticity, memorabilia, collectors can submit autographed items for authentication by Jimmy Spence, lead authenticator for PSA/DNA. PSA/DNA, a division of publicly held Collectors Universe , is the world's leading and largest third-party sports card authentication service. Spence's years of expertise and knowledge in the trade have established an impeccable reputation for providing professional, unbiased, expert opinions. PSA's permanent grading standard is recognized industry-wide as the best possible form of consumer protection.
Each item submitted for autograph authentication will be thoroughly examined by Mr. Spence. On items deemed authentic, PSA/DNA will apply invisible DNA laced-ink, in conjunction with its tamper-evident label and matching Certificate of Authenticity (COA) -- the PSA/DNA security matrix that thwarts counterfeiting, forgery and piracy of high-value collectibles. PSA/DNA guarantees the COA will be accepted by any major auction house or the authentication fee will be refunded.
The authentication fee for one signature ranges between $20-$250 depending upon the autograph. For a complete description/explanation of authentication fees/pricing for this event, call (508) 791-6710 or go online to http://www.psadna.com/fees.chtml#direct.
All autographed items offered for sale by Rotman Auction have Certificates of Authenticity. A PSA/DNA Certificate of Authenticity for an item undoubtedly enables the item to sell more quickly and for a higher price. PSA/DNA authenticated items are the most trusted in the industry, largely because they undergo the most comprehensive authentication process in the industry.
Rotman Auction Buying Day!
Concurrent with the Authentication Day, Rotman Auction will conduct a Collectibles Buying Day where it will be paying cash for autographed and non- autographed collectibles of all kinds! Rotman Auction is looking for sports, Hollywood, entertainment, political, Americana and every type of collectible item. If someone collects it, Rotman Auction wants to see it and potentially buy it! Rotman Auction will have experts on site to valuate and purchase a wide range of collectibles items.
Collectors who are unable to attend the event or who prefer to leave items to be reviewed can make arrangements in advance for authentication by calling Joel Slozek at (508) 791-6710 or emailing joel@rotmanauction.com. Collectors who wish to discuss collections or items they are interested in selling are invited to call or email in advance of the event. Collectors who have large collections should set up an appointment either before or after the event. Additional information about the event is available at http://www.rotmanauction.com/.
About Paid, Inc.
Paid's innovative products and services are utilized in online auction management, ecommerce and web site development and hosting. Using proprietary technology, Paid, Inc. is a respected developer of dynamic, cutting edge celebrity web sites and ecommerce storefronts that attract tens of thousands of visitors daily. Paid's AuctionInc brand auction management and shipping calculation software utilized Paid's patent-pending process technologies to streamline back-office and shipping processes for online auctions and e-commerce. Paid's Rotman Auction is an eBay Platinum Powerseller that sells thousands of items -- primarily sports, Hollywood and Americana collectibles and memorabilia -- each week on eBay. The company also builds and maintains large database-driven portals across a broad array of industries. The Company's common stock is traded on the Nasdaq OTC Bulletin Board under the symbol PAYD. For further information visit http://www.paid.com/.
Forward Looking Statements
This Press Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that are based upon current expectations or beliefs, as well as a number of assumptions about future events, including matters related to the Company's operations. Although the Company believes that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, it can give no assurance that such expectations and assumptions will prove to have been correct, including Nasdaq's announcements related to the "when-issued" status, the date in which the stock will return to T+3 trading, whether future settling and clearing of trades will occur electronically or solely through physical delivery, and any other matters related to trading of the Company's stock. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties. In addition, other factors that could cause actual results to differ materially are discussed in the Company's most recent filings, including Form 10-KSB with the Securities and Exchange Commission.
Contact:
Media Contact: Julie Shepherd, Accentuate PR, (815) 479-1833, Julie@paid.com
Investor Contact, Dennis Evanson, (719) 534-0292, dennis@paid.com
Paid, Inc.
© 2004 PR Newswire
