If you were ever a customer of Shinders, and have read at all the story of their demise, you may be curious what happened to the warehouse of goods that Shinders had amassed after nearly 100 years in business (the last ~20+ of which saw multiple locations around the metro area). Not surprisingly, it was sold at auction.
According to the article from the StarTribune.com, there were more than 5 million sports cards, figurines, magazines (including adult magazines), and comic books. No figure was provided for the amount raised through the auction–former owner Robert Weisberg had claimed that each truckload full of product was worth more than $1 million, and there were at least three truckloads. Wells Fargo had taken control of the company, with over $1.7 million due on two loans.
Unfortunately, per an article from SportsCollectorsDaily.com, the auctions were never widely advertised to the sports memorabilia industry–which means the auction probably didn’t go for nearly as much as it could have (although it was also well before the most recent boom in the market).
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