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Babe Ruth jersey sells for record $ 5.64 million at auction



Babe Ruth's New York Yankees jersey from 1928-1930 was auctioned for $ 5.64 million on Saturday, setting the record for the most expensive sports memorabilia ever sold.

The gray street uniform was one of more than 400 items Ruth's family and other collectors delivered for the auction at Yankee Stadium. Ruth's granddaughter, Linda Ruth Tosetti, said in a statement that part of the proceeds will go to charity.

"The Babe, it's still breaking records! Jersey worn by @mlb and @Yankees icon Babe Ruth c. 1928-30 sets a world record price of $ 5,640,000 for every sports memorabilia !! The live auction at the @yankeestadium still has the mythical presence of the Bambino, "tweeted Hunts Auctions, who wound up the sale.

The previous record for the most expensive sports memorabilia sold was set by a Ruth jersey dating back to 1

920 for $ 4,415,658.

"The heritage and importance of Babe Ruth for baseball and American popular culture is unmatched by any other figure in the history of this country," said David Hunt, president of Hunt Auctions, in a statement. "We were deeply disappointed that the Ruth family gave our company the opportunity to introduce this hitherto unknown material archive to the enthusiastic fans of Babe."

"Although the record prices achieved today are certainly amazing, I am not surprised by the unbelievable He added materials and the mythical status that the baby holds in the history of this country.

Hunt told Dagen McDowell of FOX Business last week that the road jersey was rare because it was the only time in franchise history, when "Yankees" appeared on the front of the uniform. He predicted that the jersey would be sold for more than $ 4.4 million.

"Only about six of these jerseys are of any quality. This is from the late [1920s] of those & # 39; Murderers & # 39; Row & # 39; era.

& # 39; # 39 & Murderers; Row & # 39 ;, the nickname of the Yankee Formation Heart of 1927, included Earle Combs, Mark Koenig, Baby Ruth, Lou Gehrig, Bob Meusel, and Tony Lazzeri. It is widely regarded as one of the best teams in history.

Julia Limitone and The Associated Press of FOX Business have contributed to this report.


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