The latest Babe Ruth rookie card to hit the market is drawing bidders not shy about chasing one of the hobby's icons.
With a little over a week to go, the 1914 Baltimore News Babe Ruth PSA 2 rookie card offered by Memory Lane Inc has passed the six figure mark.
The auction for one of the hobby's most desirable cards closes April 4. Thus far, 17 bids have been made and the current high bid stands at $112,000--still short of the reserve price set by the consignor.
The Ruth rookie card was recently listed in a Forbes.com article as among the hobby's most valuable cards. One copy sold at auction last year for over $500,000.
“When seeking good quality items”, says JP Cohen of Memory Lane, Inc., “you should concentrate on true rarities, items that are truly one-of-a-kind and this Babe Ruth rookie card is truly one-of-a-kind. Each year a new bar is set with these types of cards and they have proven to escalate in value over the years. Why? Simple mathematics, all based on supply and demand.”
Other top items in MLI’s auction include: a 1952 Topps Mickey Mantle Rookie Card PSA 7.5 NM (current bid $36,000); Napoleon Lajoie PSA 6 EX-MT, one of the most sought after cards in the 1933 Goudey Set (current bid $24,000); a 1933 Goudey Babe Ruth PSA 8 NM-MT; a 1967 Topps Tom Seaver Rookie Card in a PSA 10 GEM MINT; a 1968 Topps Nolan Ryan Rookie Card in an SGC 98 GEM MINT 10; a Babe Ruth/Lou Gehrig signed 1920’s baseball authenticated by PSA/DNA and James Spence Authentication;a Willie Mays Game Used Bat with a PSA Grade of 10 and a 1915 wire photo of Babe Ruth in his rookie season.
Fans of modern era sports cards (or presidential autographs) have been gravitating toward a 1/1 Upper Deck Signs of History card with cut signatures of George Washington, Abraham Lincoln, Thomas Jefferson and Theodore Roosevelt has reached $25,500 as of late Sunday night.
In addition to the rare baseball cards offered, MLI has lots which include cut signatures of Babe Ruth, Napoleon Lajoie, Rogers Hornsby, Walter Johnson, Roger Maris, signed checks of Cobb, group signed photos of Joe and Dom DiMaggio with Ted Williams, Mantle/Musial, Mantle/Hunter, Mantle/Dickey, Mantle/DiMaggio/Williams, Satchel Paige, Connie Mack, game used bats of Manny Ramirez, Mark McGwire, Sammy Sosa and Ken Griffey, single signed jerseys Mickey Mantle, Joe DiMaggio and Ted Williams, Kobe Bryant and Shaquille O’Neal Game Used 2001 9/11 NBA Jerseys, Government Postcards signed by Legendary Football Hall Of Fame Players Jim Thorpe graded MINT 9 and Bruce Smith graded GEM MINT 10
To view the auction or register to bid, click here.