In a historic moment for sports memorabilia collectors, the jersey worn by baseball icon Babe Ruth during Game 3 of the 1932 World Series, known for his famous “called shot,” was recently auctioned off by Heritage Auctions for an astounding $24.12 million. This sale set a new record for the most expensive sports collectible ever sold at auction, surpassing the previous record held by a rare mint condition Topps 1952 Mickey Mantle card which sold for $12.6 million in 2022. The Ruth jersey had not been available to the public for nearly two decades, making this auction highly anticipated by fans and collectors alike.
The significance of the Babe Ruth jersey lies not only in its association with the baseball legend but also in its connection to a pivotal moment in sports history. The “called shot” incident, where Ruth famously gestured towards center field before hitting a home run off Cubs pitcher Charlie Root, has become a part of American folklore. The fact that the jersey was photo-matched to Game 3 of the World Series at Wrigley Field further solidified its authenticity and increased its value significantly. Chris Ivy, the director of sports auctions at Heritage Auctions, likened the jersey to the Mona Lisa, emphasizing its cultural and historical importance.
The sale of the Babe Ruth jersey for $24.12 million not only broke records but also highlighted the growing interest in sports memorabilia as a valuable investment. Ivy mentioned that there were potential buyers willing to pay between $15 and $20 million for the jersey, underscoring the demand for iconic sports relics among collectors. The sale of other items like a photo-matched Mickey Mantle jersey and a Jackie Robinson jersey for millions of dollars further demonstrates the enduring appeal of vintage sports memorabilia.
Barry Meisel, president of MeiGray Authenticated, called the Babe Ruth jersey a potentially “the most important sports relic in American history, in world history.” The jersey represents not only a significant moment in baseball history but also captures the essence of American sports culture. The fact that the jersey fetched such a staggering amount at auction speaks to its universal appeal and enduring legacy in the world of sports memorabilia.
The sale of Babe Ruth’s iconic jersey for $24.12 million has solidified its place as the most expensive sports collectible ever sold at auction. This historic moment not only set a new record in the world of sports memorabilia but also highlighted the enduring appeal and value of vintage items associated with legendary sports figures. The cultural and historical significance of the Babe Ruth jersey will continue to resonate with fans and collectors for years to come, ensuring its place as a timeless symbol of American sports history.