Value is based on average prices of recently closed auctions. Prices may vary based on condition, and the type of authenticity that accompanies the baseball. Signatures that have not been properly authenticated could sell at half the market value or less. Add for inscriptions.
Collectors will pay more for inscriptions like "HOF 62", and pay less for personal inscriptions like "Good Luck Chuck"
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While Bob Feller was one of the greatest pitchers to ever play the game, his Autographs are relatively common and inexpensive. You could easily purchase an authenticated (PSA or JSA) signed Feller baseball for $35 to $65. Mr. Feller lived to 92 years old and just recently passed away in December, 2010. He was a frequent autograph guest at conventions throughout his life and thus his autograph is fairly common.