Babe Ruth Jersey Sells for $24.1 Million

Babe Ruth's jersey, worn during his iconic 'called shot' in the 1932 World Series, has set a new record for the most expensive piece of sports memorabilia ever sold, fetching $24.1 million at auction. This remarkable sale eclipses the previous record of $12.6 million for a Mickey Mantle baseball card in 2022. The jersey, previously sold for just $940,000 in 2005, showcases the dramatic increase in value attributed to its historical significance. Ruth's gesture during the game, where he pointed to the stands before hitting a home run, remains one of baseball's most legendary moments. This sale marks a notable trend in the sports memorabilia market, where items are increasingly surpassing the $10 million mark, following similar high-value sales from 2022. The auction, conducted by Heritage Auctions, concluded after a lengthy bidding process that began in May 2024.