The previous record for the sale of a baseball card was held by a Mickey Mantle card, which sold for $12.6 million. The sale, which earned $24.1 million, significantly surpassed that mark.
The trend of collecting sports memorabilia is reaching new heights, and it’s all because to athletics. On Sunday, August 25, a jersey that was worn by Babe Ruth, a legendary baseball player from the United States, became the most expensive sports item ever sold at auction. This achievement exceeded all previous records.
The enormous sum of 24.1 million dollars, which includes fees and commissions, was paid in order to purchase the object, which was colored in the hues that are iconic of the Yankee League.
It was already known since the end of July that this jersey would dethrone the previous record, and the sale, which was managed by Heritage Auctions and took place online, lasted for several weeks.
The historic jersey, which was worn by Babe Ruth during a historical game against the Chicago Cubs in the 1932 World Series final, exceeded a baseball card featuring fellow Yankees player Mickey Mantle, which sold for $12.6 million in August 2022. The game was played in the final edition of the World Series.
A auction conducted by Heritage Auctions was also responsible for setting the latter record.
It is reported that during that memorable game in 1932, Babe Ruth pointed in the direction he intended to throw the ball before hitting a home run in that same direction. This gesture has stayed legendary throughout the history of baseball. The narrative that surrounds this Babe Ruth jersey adds to the worth of the jersey.
There have been other transactions of this jersey since then, with the most recent one taking place in 2005, when it was sold for a mere $940,000.
There was not a single sports collectible that had ever reached the symbolic threshold of ten million dollars before to the year 2022; nonetheless, this industry is undergoing a phenomenal surge.
The previous record for a piece of game-worn equipment was set by Michael Jordan’s jersey, which was worn during the first game of the 1998 NBA Finals. In September 2022, the jersey was sold at Sotheby’s for a price of $10.1 million, breaking the previous mark.
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