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World-record price for a piece of sports memorabilia highlights live auction of Babe Ruth-owned items

Agame-used Babe Ruth jersey from the late 1920s sold for a world record price of $5.64 million in June, shattering the previous mark for a piece of sports memorabilia by more than $1 million. The record sale included buyer’s premium. The jersey sold as part of Hunt Auction’s Live Auctions’ of Babe Ruth Collection memorabilia and personal items June 15 at Yankee Stadium.

The price paid for the jersey beat the previous mark for a piece of sports memorabilia – also a Ruth jersey, that one from the 1920 season, which sold for a little more than $4.4 million by SCP Auctions in 2012. “While the record-setting prices attained today are certainly astonishing, I’m not surprised at all given the incredible materials and the mythical status the Babe holds in the history of this country,” David Hunt, company president, said in a statement. According to Hunt’s pre-auction assessment, the jersey is believed to be one of six Ruth Yankees jerseys that have survived. The auction house also stated that “under illumination there is evidence of a diamond point numeral “3” which was removed from the jersey at some point.”

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Vintage Collector Aug/Sept 2019, George Brett And The Sizzling Summer of '80, The $5.6 Million Jersey, And More....