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May 21, 2012

Babe Ruth Jersey Sells for $4.4 Million

There's been a lot of talk lately about who is selling what and for how much at sports memorabilia auctions lately.

This is another one of those stories.

Over the weekend, SCP Auctions announced that they sold a uniform once worn by Hall of Famer Babe Ruth for, wait for it...a record $4,415,658. And in case you were wondering, the previous high for a piece of sports memorabilia was when someone paid $4,338,500 for James Naismith's founding rules of basketball.

But back to that jersey!

"This is simply the finest sports artifact we've handled in our 30-year history," said SCP Auctions president David Kohler said of the jersey.  "The historical impact of Ruth’s emergence in the Big Apple in the early 1920s, combined with the jersey’s superb original condition, makes this a sports treasure of the highest order."

While the buyer of the jersey is the ever-popular "Anonymous"...the significance is incredible.

First, 1920 is the year that Ruth was sold from the Boston Red Sox to the rival New York Yankees.  And we all know how that worked out.  And two, it is one of only four known unrestored Ruth jerseys in existance.

Another cool piece that was up for auction was a 1930s Yankees cap worn by Ruth.  What makes this cap is from David Wells' personal collection and was the one that the former hurler tried to wear on the field back in 1997.

It sold for $537,278.

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