The RealReal Expands into Trading Cards and Comics Grading Services with Partnership with Beckett Collectibles
July 27 2022 - 10:27AM
The RealReal (Nasdaq: REAL)—the world’s largest online marketplace
for authenticated, resale luxury goods—today announced its
exclusive partnership with Beckett Collectibles to provide
expedited grading services exclusively for customers of The
RealReal.
In 2021, The RealReal expanded its business by
launching its Collectibles category, selling items from comic books
and trading cards, to figures and skate decks. In 2022 alone,
search demand within the collectibles category has more than
doubled, with consignments increasing by more than 48% since the
start of the year. To meet the needs of the consignors in its
growing category, The RealReal is partnering with Beckett
Collectibles to offer comic book and trading card grading
services.
“We’re excited to be expanding our services
within the collectibles sector, a category we see endless potential
and growth possibilities in. We’re committed to a seamless,
frictionless selling process and since the launch of our
Collectibles category last year, we knew that we wanted to expand
into grading services,” explains Mayank Hajela, Senior Director of
Men’s Merchandising, The RealReal. “Beckett is a highly respected,
innovative industry leader and we couldn’t think of a better
partner to co-develop a unique grading and authentication
experience for collectors nationwide. We’re looking forward to
refining and elevating the standards of luxury consignment for both
our and Beckett’s customers.”
Beckett Collectibles is the premiere,
high-in-demand grading destination with services booking out months
in advance. Through this exclusive partnership, The RealReal and
Beckett will provide a unique advantage to TRR customers by
offering:
- Expedited grading services: between
seven to ten days
- Integrated consignment experience:
from grading, to photography, pricing and listing, TRR does all of
the heavy lifting on behalf of its consignors and shoppers
- Discounted rate: an exclusive rate
of $25 regardless of genre, category, size, quantity or value
- Commission on sales: Graded comic
book and trading card consignors can earn up to 85% on the item’s
final selling price
“We’re thrilled to be partnering with
TheRealReal and bringing our trusted grading services to a new
audience,” said Kunal Chopra, CEO of Beckett Collectibles. “What’s
powerful is the values our brands share: A shared belief in the
power of technology and the importance of authentication and
verification. We’re especially excited to be launching with them at
the National, and hopefully this is the first of many activations,
both online and in-person.”
For more details about The RealReal x Beckett
Collectibles, please visit therealreal.com/trr/beckett.
About The RealReal Inc.
The RealReal is the world’s largest online
marketplace for authenticated, resale luxury goods, with more than
27 million members. With a rigorous authentication process overseen
by experts, The RealReal provides a safe and reliable platform for
consumers to buy and sell their luxury items. We have hundreds of
in-house gemologists, horologists and brand authenticators who
inspect thousands of items each day. As a sustainable company, we
give new life to pieces by thousands of brands across numerous
categories—including women’s and men’s fashion, fine jewelry and
watches, art and home—in support of the circular economy. We make
selling effortless with free virtual appointments, in-home pickup,
drop-off and direct shipping. We do all of the work for consignors,
including authenticating, using AI and machine learning to
determine optimal pricing, photographing and listing their items,
as well as handling shipping and customer service. At our 19 retail
locations, including our 16 shoppable stores, customers can sell,
meet with our experts and receive free valuations.
About Beckett Collectibles
The mission of Beckett Collectibles is to
provide the most amazing products and services on the planet for
collectors. The iconic brand was founded in 1979 by Dr. James
Beckett as a pricing guide for classic American sports cards. The
company has since expanded into several other collectible
categories with its signature price guidance, grading services, and
print and digital tools for enthusiasts and professionals in the
hobby. With over 30 years of experience assembling the industry's
most comprehensive collectibles database, Beckett is uniquely
positioned to become the world's premier alternative assets
platform. By investing heavily in new digital, subscription, and
blockchain technologies, as well as in new verticals and expert
talent, Beckett is continuing its commitment to help collectors
value, safeguard, and trade their unique items.
Press Contacts:The
RealRealpr@therealreal.com
Beckett Collectiblesmedia@beckett.com
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