Warren Buffett and Charlie Munger autograph fetches over estimate at auction

In a recent auction in the United States, a business card bearing the signatures of legendary investors Warren Buffett and Charlie Munger sold for $15,115, significantly surpassing its estimated value of $1,500. This auction took place amidst growing interest in collectibles associated with Buffett and Munger, especially following Munger's death at 99 in November 2023. Buffett, who turned 94 in August 2024, has been a prominent figure in the financial community as the chairman of Berkshire Hathaway, which he has led for decades. The signed business card featured Buffett's personal calling card details and was associated with Berkshire Hathaway's headquarters in Omaha, Nebraska. This particular location, the Blackstone Plaza (formerly Kiewit Plaza), has been the company's home since 1962. The rarity of memorabilia from both Buffett and Munger is increasing due to their advancing age and Munger's passing, creating a bubbling market among collectors and investors. Previously this year, other autographed items by Buffett attracted significant bids, illustrating the high demand for his signatures. For instance, a sheet of seven quotes signed by him fetched $3,033, far exceeding its $500 estimate. These sales underline a trend in the collectibles market that emphasizes personal connections and historical significance, particularly in relation to notable figures in finance. Ultimately, the auction results indicate a growing recognition of the market value of such collectibles, especially as fewer items become available from these iconic investors, making their signatures increasingly valuable over time.