The sports memorabilia world has a new undisputed record! Babe Ruth game-worn Yankees jersey from the late 1920’s sold for a record $5,64 million at auction, according to Hunt Auctions, which conducted the sale Saturday at Yankee Stadium.
The Yankees jersey was part of a collection of items that Ruth’s family put up for sale. His granddaughter, Linda Ruth Tosetti, says in a statement that a portion of the proceeds will go to charity.
There were over 400 items in all and the auction attracted attention from advance collectors, historians, investors, and sports fans worldwide including international participation from Japan. Bidding outpaced pre-sale estimates on many high-profile items.
Before this auction, most expensive piece of sports memorabilia on record is a 1920 Ruth jersey that went for just more than $4.4 million in 2012.