Signature

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Possible Answers:

ENDORSEMENT.

Last seen on: NY Times Crossword 23 Jun 19, Sunday

Random information on the term “Signature”:

Autograph clubs were developed for both the collectors and dealer to obtain knowledge in the hobby of autograph collecting known as philography.

Autograph collecting may have started in the 16th century when Germans kept albums of correspondence when they traveled. By the late 18th century in Europe it was popular to collect letters of famous people. Until the 20th century, literary, political, and religious autographs were collected. With the creation of the cinema, radio, and television autographs from popular culture figures were sought. Since the mid-1970s hobby shops began appearing in the United States. The hobby of collecting autographs took off in the 1980s. By the 1990s the industry skyrocketed. According to Brookes Barnes, the autograph market is worth in the hundreds of millions of dollars. Handwritten letters are most sought after and are valued at three to five times the value of typed letters. A handwritten letter from Beethoven fetched $50,000 and a letter from Jacqueline Kennedy Onassis fetched $10,500. In the early years sports signatures were particularly sought after reaching high prices. The death of any celebrity resulted in a rise in prices of autograph memorabilia. This made autographs of all types worth collecting. According to an article in the New York Times by Diane Sierpina, there are 1 million autographed document collectors nationwide and there are 5 million autographs collectors in the United States alone. According to Sports Collector Digest, the sports autograph market is worth $500 million. This number is in sports autographs alone; add celebrity, political, and other categories of autographs, and the number might reach the billions.

Signature on Wikipedia