Just hours into the bidding, a 1920-era Babe Ruth Yankees jersey has already become one of the more valuable pieces of sports memorabilia ever to come up for auction. SCP Auctions launched bidding for its catalog event Monday morning by late Tuesday afternoon, the jersey already had seven bids, topped by a $535,900 offer. The jersey had been expected to sell for $1 million or more. If early results are any indication, that could be extremely conservative.
The auction also included a few other iconic Ruth items. A 1930s cap, consigned by former big league pitcher and fellow Yankee David Wells, rocketed to $189,000 within just over 24 hours. A 1924-28 vault-marked Ruth bat stood at $55,000. A 1938 Brooklyn Dodgers’ coaches uniform once donned by the Babe, opened at $50,000.
A 1968 Mickey Mantle road Yankees jersey had also topped $100,000.
Bloomberg News was talking about the auction Tuesday morning.
SCP is also selling the Dmitri Young collection of PSA 10-graded baseball cards and the former big leaguer’s 1955 Roberto Clemente rookie card had received 14 bids by 11 p.m. Eastern time, soaring to $126,377. The only card of its kind ever to be deemed worthy of a ’10’ grade by PSA, the Clemente is one of dozens in Young’s collection.
A 1954 Topps Hank Aaron rookie card jumped quickly to $53,594, a Pete Rose rookie from 1963 stood at $41,781 and a 1969 Topps Reggie Jackson first year card had topped $27,000. In all, nine cards from the Young collection had bids in excess of $10,000.
The auction will end over a two-day period, May 18-19. Catalogs are available via SCPAuctions.com.