The autograph market is subject to fluctuations like any other market and is sensitive to factors such as supply, demand, and the overall state of the economy. The autograph market differs from other markets as the availability, or supply, of autographs stops after an individual’s death. With the growth of the internet increasing the number of collectors and erasing geographical boundaries, there has been an upsurge in demand for autographs worldwide. Due to ongoing demand and limited supply, autograph prices have inevitably risen over the years, as witnessed by the Brams Collection. It is not advisable to invest in autographs for financial gain, as the autograph market is not especially “liquid” and does not pay dividends. Nevertheless, we believe that autographs are a stable financial investment that should increase in value over time. However, the rate of increase cannot be predicted or guaranteed with precision.