13,689 live listings   193 signers   546 confirmed sales  updated 15 h ago

One million forgeries from one dining room table

In April 2000 the FBI publicly estimated that between 50 and 90 per cent of autographed sports memorabilia in circulation was forged. That was not a hobby rumour or a dealer talking his book. It was the Bureau's own figure, and it came with arrests.

Everything about how signed memorabilia is bought and sold today follows from what happened next. If you have ever wondered why a signature in a sealed holder with a certification number is worth several times the same signature loose, this is the answer.

The man at the table

Greg Marino worked up to fifteen hours a day at his dining room table in southern California, copying signatures from photocopied exemplars he kept in logbooks.

Mickey Mantle. Joe DiMaggio. Babe Ruth. Ty Cobb. The Beatles. Dead presidents. He was good, and he was fast, and by his own estimate he produced over one million forgeries.

It was a family operation. His father Angelo, a genuine artist, made lithograph portraits of athletes for the signatures to go onto. His brother helped with the forging. Other relatives prepared blank items. A shop owner named Wayne Bray, who had met Marino in 1994, handled distribution and inspected the work before it went out.

The material reached retailers in fifteen states directly, and consumers in effectively all of them.

The week DiMaggio died

One detail tells you what kind of business this was.

Joe DiMaggio died in March 1999. The ring forged hundreds of DiMaggio items immediately afterwards, because that is exactly when demand spikes and buyers stop asking questions.

If you own a DiMaggio piece that surfaced in 1999 or 2000 without a modern third-party certification, that timing is worth thinking about.

How the FBI took it apart

The Bureau had already run Operation Foul Ball out of San Diego from 1997, breaking five southern Californian rings and convicting twenty-six people.

Operation Bullpen went national in October 1999. Agents set up a fake import-export business, the Nihon Trading Company, with an undercover agent posing as a forgery distributor working out of Asia, and let the wholesalers come to them.

By the time it finished, raids across twelve states had broken up thirteen memorabilia forgery rings and two card forgery rings. Thirty-six people were convicted, and the fraud was valued at around one hundred million dollars.

The part that should worry a buyer

Here is where the story turns, and it is the reason this piece exists on a site that tracks certified autographs.

The forgeries did not sell because they were good. They sold because somebody certified them.

Donald Frangipani, a veteran handwriting expert, certified hundreds of forged items for the ring, including more than 474 pieces for a single convicted forger, for which he received over four thousand dollars in fees. He was subsequently used as an expert witness in the resulting trials.

Another authenticator's certificates functioned as quality control for the operation. When a collector returned a Jackie Robinson ball and a Roberto Clemente ball because the manufacturing date on the balls made those signatures impossible, the ring's leader was furious with the authenticator rather than the forger, for having certified something so obviously wrong.

What the forgers themselves said

In the spring of 1999, months before the arrests, Greg Marino was talking to his brother on a tapped phone about who the FBI would come for.

He predicted they would go after the people writing the certificates rather than the people making the fakes, and both brothers agreed on where the blame really sat. In Marino's words, the authenticators were the crooked ones.

You do not have to accept a forger's moral accounting to see the practical point. A fake without a certificate is a fake somebody has to be persuaded to buy. A fake with a certificate is inventory.

Why this is why authentication exists

The modern third-party authentication industry, the one that produces the sealed holders this index tracks, is a direct response to Bullpen.

Before it, authentication largely meant a letter from an individual expert whose reputation was their own, whose incentives were their own, and who could be paid by the person selling the item. Bullpen demonstrated exactly how that fails, and it failed at scale.

What replaced it is not perfect and this site says so elsewhere: a certificate is an expert opinion rather than a finding of fact, and the companies issuing them have reversed themselves. But it is materially better than what came before, for reasons worth naming.

The item is sealed with its opinion. A holder from PSA, JSA, Beckett or SGC ties the certification to that specific object. A loose letter can be photocopied, transferred to a different item, or forged in its own right, and letters were.

The certification number is checkable. You can look it up on the grader's own database and see whether the number describes the thing in front of you. Do that. It costs nothing and it catches the laziest fraud, which is most of it.

And the company has more to lose than a fee. An individual expert certifying a forgery risks their own reputation. A company running a population report, a registry and a submission business risks all of it. That does not make them right, but it changes what happens when they are wrong.

What still has not been fixed

Two things, and both are worth knowing.

The bad certificates are still circulating. eBay publishes a list of authenticators whose letters it will not accept, and as recently as a decade after the busts, reviews of that list found roughly thirty firms caught by the FBI that were missing from it. The pieces those firms certified are still in the world, still in binders and display cases, still occasionally being resold in good faith by people who inherited them.

And a certificate from the wrong source is worse than none. It converts a doubtful item into a confident one without adding any evidence. If you are looking at a signature with a letter from a name you do not recognise, the letter is not reassurance, it is a question.

The thing worth sitting with

A million signatures came off one dining room table, and the market absorbed them because the paperwork was right.

That is not a story about forgery being hard to spot. Marino was skilled, but plenty of the pieces were provably wrong on their face, and they sold anyway. It is a story about what people actually check, which turns out to be the certificate rather than the signature.

Which is why the certificate needs to come from somewhere that can be held to it.

This index tracks certified autographs by signer, item type, certifier and grade, and shows what is listed and what has verifiably sold. You can read how we work the numbers out, and there is a companion piece on what a certificate actually claims.

Sources

Checked on 1 September 2026.

  • Operation Bullpen's scope, the $100 million valuation, twelve states, thirteen memorabilia rings and two card rings, and thirty-six convictions — FBI announcements and contemporary reporting on the investigation
  • The April 2000 estimate that 50 to 90 per cent of autographed sports memorabilia in circulation was forged — the FBI's own public statement at the time
  • Greg Marino's methods, his fifteen-hour days, the logbooks of photocopied exemplars, his estimate of over a million forgeries, and the family's roles — the published accounts of the investigation
  • Donald Frangipani's certifications, including 474 pieces for one forger, and his later appearance as an expert witness — the same accounts
  • The tapped 1999 call in which Marino named the authenticators as the real culprits, and the Robinson and Clemente balls returned over an impossible manufacturing date — Sports Collectors Daily's series on Bullpen and the book-length account of the ring
  • Roughly thirty FBI-implicated firms missing from eBay's list of disallowed certificates — Sports Collectors Digest, 2013