Collecting
A 1931 Lou Gehrig Jersey Is Expected to Sell for $1.5 Million
The collectibles market is booming.
Baseball cards featuring Ty Cobb of the Detroit Tigers.
Source: Christie’s
Next week, a jersey worn by Lou Gehrig during his record-setting 1931 season with the New York Yankees is sports memorabilia’s latest big swing. It could sell for as much as $1.5 million at auction.
The uniform is part of a sale offered by Christie’s and Hunt Auctions in New York titled “Home Plate: A Private Collection of Important Baseball Memorabilia.” The auction comprises 152 lots and carries an estimate of $4 million to $7 million. It includes a Louisville Slugger baseball bat used by Babe Ruth sometime between 1916 and 1918, which is estimated to sell for $500,000 to $1 million.