26 August 2024
Market
“This is essentially the ‘Mona Lisa'” the auction house specialist said of the famed jersey.
Baseball behemoth Babe Ruth has earned yet another accolade. This weekend, the jersey that the โSultan of Swatโ purportedly wore during his fabled โcalled shotโ of the 1932 World Series sold for $24.12 million with Heritage Auctions, making it the most valuable sports collectible in the worldโand shattering records set by Michael Jordanโs 1998 NBA finals jersey for the most expensive game-worn gear ever sold, and by a 1952 Mickey Mantle Topps Rookie card for the most expensive sports collectible of all time. Both previous records were set in 2022. Heritage Auctions was behind the gavel-smashing Mantle.
โThis is essentially the Mona Lisa,โ the houseโs director of sports auctions Chris Ivy told ESPN. โItโs a very mythical moment that crosses over not only in baseball history, but American history.โ
Ruth was the most important athlete of his era. He had a penchant for showmanship that paved the way for successors like Muhammad Ali. The sluggerโs 714 home runs between 1914 and 1935 set a league record which the Atlanta Bravesโ Henry โHankโ Aaron only broke in 1974.
The mythology surrounding Ruthโs โcalled shotโ home run during the 1932 World Series, however, transcended baseball. That yearโs championship was highly contentious. The Cubs taunted Ruth mercilessly as he stepped up to the plate during game three (of four.) With a count of two balls and two strikes, legend has it that Ruth looked at his opponentsโ dugout, gestured to center field, and claimed he was about to hit a home run right thereโthen promptly did.
The papers latched onto Ruthโs โcalled shot.โ He confirmed the story several times, too. But, the only concrete evidence that this all happened is a home video that someone in the crowd shot without sound. Itโs not clear who Ruth was really talking to, or what he said, before hitting the home run. Ruthโs stardom, however, fixed the moment in history.
A release from Heritage Auctions says Ruth held onto the jersey from that game until the 1940s, when he gave it to a golfing buddy. That recipient passed it along to their daughter, who sold it for six figures in the 1990s to โan early sports auction pioneer.โ Then, that buyer sold the jersey immediately to an anonymous collector, who consigned the jersey again in 2005, when it was put up for sale as only โattributed toโ the โcalled shot.โ It sold for $940,000.
Heritage Auctions owes this weekendโs astronomical priceโreportedly achieved after a six hour bidding warโto several assessments stating this jersey was, in fact, the one Ruth wore during the โcalled shot.โ Debate around that claimโs veracity have dogged the garment. The first authenticator that the New Jersey-based consignor contacted in 2019 couldnโt provide a conclusive confirmation, but MeiGray and PSA offered subsequent claims by photo matching the jerseyโs button placements and embroidered letters, as well as a small stain.
โIt is clear by the strong auction participation and record price achieved that astute collectors have no doubt as to what this Ruth jersey is and what it represents,โ Ivy noted in this weekendโs release. According to the lotโs page, the new owner is already accepting offers.
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