SOURCE: CJ Environmental, Inc.
February 04, 2011 16:59 ET
Which NFL Super Bowl Championship Ring Is Worth the Most?
Cash for Gold USA Determines What NFL Super Bowl Rings Are Really Worth in Today's Market
LOS ANGELES, CA--(Marketwire - February 4, 2011) - As Super Bowl Sunday approaches, http://cashforgoldusa.com/ has conducted an extensive investigation into which Super Bowl rings are really worth the most in today's market. As expert appraisers, Cash for Gold USA -- a division of CJ Environmental -- has created an info graphic that allows you to see how the estimated value of NFL Championship Super Bowl rings have increased over the years; you can check out the info graphic here: http://cashforgoldusa.com/super-bowl-ring-value.html
As America's favorite sport season comes to a close on Sunday, one team -- either the Pittsburgh Steelers or Green Bay Packers -- will raise the Lombardi Trophy and feel the thrill of winning a world championship on the greatest stage in sports. In addition to trophies, however, the NFL also presents their winners with championship rings. Athletes love their rings -- rings that are made from the finest of metals and precious stones as well. These rings caught the attention of Cash for Gold USA and had them wondering, which of the past NFL Super Bowl champion rings are really worth the most?
As you would expect, Cash for Gold USA found that the rings (for the most part) kept increasing in value as the years went by. As expert appraisers of gold, sterling silver and diamond rings, Cash for Gold USA created an info graphic to demonstrate how the value of NFL Super Bowl rings have dramatically increased in value.
The Green Bay Packers, winner of the first Super Bowl in 1967, received a championship ring containing only one diamond, individually appraised at an estimated $20,419 each. Nearly forty years later, the New England Patriots, winners of Super Bowl XXXIX in 2005, received rings that were worth an estimated value of $33,379. Norm Schneider, President of Cash for Gold USA, explained that the world has seen a dramatic increase in the price of gold over the past 50 years: "In 1967 the average value of gold for the year was only $35.00 per ounce and now gold is trading at roughly $1,350.00 per ounce. That's a big difference." Throughout the years, the value of the rings has hovered between $20,000 to $30,000.
Then again, the value of the championship rings are estimated based only on the raw materials; this doesn't take into account the sentimental value that comes with such a prestigious accomplishment. So who pays for the rings? The NFL covers $5,000 of the costs per championship ring and normally the manufacturer covers any additional costs.
Take a look at the info graphic that Cash for Gold USA created and find out how the value of the Super Bowl championship rings have varied in the past 40 years: http://cashforgoldusa.com/super-bowl-ring-value.html