Babe Ruth's 500th home run bat fetches more than $1,000,000 at auction.
Terry and his sisters Pam and Patricia stored the bat in the family home for years and wouldn’t even tell friends about it, fearing it could get stolen. Terry said the bat was often stored in a closet.
“It actually became more of a burden,” Terry said. “We were concerned about it; we had to insure it. We figured maybe somebody else could appreciate it.”Ruth’s personal items have fetched high prices at auctions. His 1928 to 1930 road jersey sold for a record $5.6 million earlier this year by Hunt Auctions.
“Babe Ruth is king in the sports memorabilia business,” Kohler said. “We feel has a very good chance of breaking the record.” Ruth used the bat to hit a home run on August 11, 1929 against the Cleveland Indians, becoming the first player in Major League Baseball history to do so. Terry says the 500th home run bat still has “cleat marks” where Ruth “used to knockoff the mud.”
Added Terry: “It would be wonderful if the Yankees or the [National Baseball Hall of Fame] wanted to get it because it really is a very good piece of history
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