Question of the Day: How much did a Babe Ruth rookie card sell for recently at auction?
Wonder what the Sultan of Swat's rookie card fetched at auction? Brace yourself!
Answer: $7.2 million
Questions:
- What causes an item like this Babe Ruth baseball card to become so valuable?
- Have you ever bought or sold a product in the resale market? Why?
- Why are certain brands/products so desirable in the resale market?
Behind the numbers (ESPN):
"A 1914 Baltimore News Babe Ruth rookie card sold for $7.2 million, including the buyer's premium, just after midnight Monday, the third-highest sum ever paid for a sports card. It narrowly missed the $7.25 million paid for a T206 Sweet Caporal Honus Wagner card in August 2022.
It's the most expensive Ruth item of all time."
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Want to know why other items in the market are so expensive? Check out the So Expensive Series!
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About the Author
Mason Butts
After graduating from UCLA with a Master's in Education, Mason spent 5 years as a science educator in a South Los Angeles public high school. He is committed to supporting the holistic growth of all students and empowering them to live a life of relational, academic, and financial success. Now settled in the Bay Area, Mason enjoys facilitating professional developments and partnering with educators as they prepare students for a bright financial future. When Mason is not building curriculum or planning a training, he can be found cycling, trying new foods, and exploring the outdoors.
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