Collectors Holdings Acquires Goldin Auctions, Founder Ken Goldin to Remain in Leadership Role

Collectors Holdings, LP announced Thursday it has acquired Goldin Auctions, a company that already has reported more than $200 million this year.

Terms of the deal were not disclosed. But what Collectors Holdings did announce was that Ken Goldin, who founded Goldin Auctions in 2012, had signed a multi-year agreement that keeps him operating Goldin Auctions as an independent company.

“We are incredibly excited to join Ken, Ross and the other amazing team members at Goldin Auctions,” Nat Turner, Executive Chairman of Collectors Holdings, said in a release. “While Goldin Auctions will continue to operate independently, we all share the same vision of using innovative technology to enhance and grow the industry for the benefit of all.”

Collectors Holdings is a group of investors that include Turner and New York Mets owner Steve Cohen. They also own Collectors Universe which operates PSA.

The deal does not prohibit either Collectors Holdings or Goldin Auctions using other services in the marketplace. In a release, Collectors Holdings said PSA would “continue to work with and support all auction houses, just as Goldin Auctions will continue to work with all trusted services to grade and authenticate rare and valuable cards and collectibles.”

“This is my 40th year collecting and selling cards and I still absolutely love coming to work every day,” Goldin said in a release. “Everyone in the hobby knows about the explosive growth we’re seeing as new collectors have flocked in, including a younger generation and international buyers. There’s no slowing down and we have a lot planned that we know every collector is going to love.”