What's happened
A jersey worn by Babe Ruth during the 1932 World Series has sold for $24.1 million, breaking the record for the most expensive sports memorabilia ever auctioned. The jersey was linked to Ruth's famous 'called shot' home run against the Chicago Cubs, solidifying its historical significance.
Why it matters
What the papers say
According to The Guardian, the jersey sold for $24.12 million after a six-hour bidding war, surpassing the previous record held by Mickey Mantle's rookie card. Chris Ivy, director of sports at Heritage Auctions, described the jersey as 'the most significant piece of American sports memorabilia ever offered at auction.' Al Jazeera emphasized the jersey's connection to Ruth's 'called shot', a moment that has become legendary in baseball lore. Sky News noted the ongoing debate about whether Ruth truly called his shot, adding to the mystique surrounding the item. BBC News highlighted the jersey's previous sale for $940,000 in 2005, illustrating its dramatic increase in value over time.
How we got here
The auction, conducted by Heritage Auctions, began in July and concluded on August 25, 2024. This sale surpasses the previous record of $12.6 million for a Mickey Mantle baseball card set in 2022, marking a significant moment in sports memorabilia history.
Common question
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Why Did Babe Ruth's Jersey Sell for $24 Million?
Babe Ruth's jersey from the 1932 World Series recently sold for a staggering $24.12 million, setting a new record for sports memorabilia. This sale not only highlights the enduring legacy of the baseball legend but also raises questions about the value of sports collectibles and their cultural significance. Below, we explore some common questions surrounding this historic auction.
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Why Did Babe Ruth's Jersey Sell for $24.1 Million?
Babe Ruth's jersey from the 1932 World Series has made headlines after selling for a staggering $24.1 million at auction. This record-breaking sale raises questions about the value of sports memorabilia, the historical significance of the item, and the bidders involved in this high-stakes auction. Let's explore the details behind this remarkable event.
More on these topics
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George Herman "Babe" Ruth Jr. was an American professional baseball player whose career in Major League Baseball spanned 22 seasons, from 1914 through 1935.
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The World Series is the annual championship series of Major League Baseball in Canada and the USA, contested since 1903 between the American League champion team and the National League champion team.
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The New York Yankees are an American professional baseball team based in the New York City borough of the Bronx. They compete in Major League Baseball as a member club of the American League East division.