Step One:

 

Decide how much you are going to spend on sports memorabilia and what type of memorabilia you are going to collect. There are varying types of sports memorabilia available in the sporting world today. Get a general idea of how much you want to spend and what it is you want to collect.

 
Step Two:

 

Join a sports memorabilia message board. You can visit Sports Memorabilia forums to know the lists of forums available for you. It's also a great way to meet fellow enthusiasts and even sports memorabilia dealers in your area.

 

Step Three:

 
You should have a price guide. You'll need a price guide to help you figure out how much each item of sports memorabilia is worth. The best price guides can be found at Beckett.com. Be sure you purchase a price guide that corresponds with the type of sports memorabilia that you are interested in collecting.

 

Step Four:

 

Start buying memorabilia by starting out with a few relatively inexpensive items for your collection. You can purchase memorabilia at card shops, trade shows or online at auction sites.

 

Step Five:

 

Display your memorabilia in a safe, dry location inside your home. If you are collecting sports cards, keep them in their jackets. The value of sports memorabilia goes down considerably if the item gets damaged.

 

Step Six:

 

Catalog your sports memorabilia collection. It's important to keep track of your inventory, and the easiest way to do so is to use computer software built for this exact purpose.