Babe Ruth jersey breaks world record for sports item at auction

A jersey belonging to American baseball legend Babe Ruth broke the world record Thursday for most expensive sports object sold at auction — and the sale has not even ended yet. The highest bid for the New York Yankees jersey currently stands at $13.3 million, including commission and fees. However, the sale will not end
Babe Ruth jersey breaks world record for sports item at auction

A jersey belonging to American baseball legend Babe Ruth broke the world record Thursday for most expensive sports object sold at auction — and the sale has not even ended yet.

The highest bid for the New York Yankees jersey currently stands at $13.3 million, including commission and fees.

However, the sale will not end until August 24, according to organizer Heritage Auctions, with experts estimating the bidding could soar to as much as $30 million.

Heritage told AFP that the owner could still set a minimum price higher than the current highest bid, though it would run the risk of not selling the item at all.

As it stands, the jersey already exceeds all previous records for sports memorabilia set in recent years.

The previous record was for a baseball card featuring another Yankees great, Mickey Mantle, which sold for $12.6 million in August 2022.

In terms of sports apparel, the highest auction record was set in September 2022 when a jersey worn by basketball player Michael Jordan during Game 1 of the 1998 NBA finals sold for $10.1 million at Sotheby’s.

Prior to 2022, no sports item had ever passed the $10 million threshold, a sign of the market’s increasing power.

Ruth’s record-breaking jersey was worn by the Yankees slugger during a historic game against the Chicago Cubs during the 1932 World Series.

The story of the famous “called shot” goes that Ruth pointed in the direction of where he wanted the ball to go and proceeded to hit a home run in the exact direction.

The Yankees would go on to win the series in a four-game sweep.

Total
0
Shares
Leave a Reply
Related Posts
Billionaires Timothy Mellon and Mike Bloomberg inject massive sums into 2024 super PACs
Read More

Billionaires Timothy Mellon and Mike Bloomberg inject massive sums into 2024 super PACs

Wealthy businessman Timothy Mellon and former New York Mayor Michael Bloomberg wrote huge, eight-figure checks in July to support major Republican and Democratic super PACs, respectively, gearing up for the 2024 election. Mellon, who donated $50 million in May to Make America Great Again Inc., the super PAC that supports former President Donald Trump's presidential
How did Huw Edwards end up on a WhatsApp chat with a young paedophile? Why did he keep on chatting with him rather than go to the police? Five unanswered questions over scandal
Read More

How did Huw Edwards end up on a WhatsApp chat with a young paedophile? Why did he keep on chatting with him rather than go to the police? Five unanswered questions over scandal

Huw Edwards could face jail after he pleaded guilty to making 41 indecent images of children. Any hope of him returning to broadcasting has also been extinguished by his convictions at Westminster Magistrates' Court yesterday. The disgraced newsreader will be sentenced on September 16.  But many questions remain about his crimes, including how the vile indecent
“I F**king Told Them!”: Enraged Butler Cop On Bodycam Says He Told Secret Service To Cover Warehouse Used By Shooter, And They Agreed
Read More

“I F**king Told Them!”: Enraged Butler Cop On Bodycam Says He Told Secret Service To Cover Warehouse Used By Shooter, And They Agreed

Bodycam footage from local Pennsylvania police reveal that in the moments after last month's attempted assassination of Donald Trump, an officer says he told the Secret Service to cover the warehouse used by shooter Thomas Matthew Crooks. The new bodycamera footage was released by the Butler County Police Department, showing the officer who confronted the