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Main Office
SCP Auctions, Inc.
26035 Acero
Suite 200
Mission Viejo, CA 92691
Tel +1.800.350.2273
Fax +1.949.643.2800
info@scpauctions.com
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CLICK HERE TO VIEW THE PRICES REALIZED FROM THIS AUCTION
SOTHEBY’S AND SCP Auctions SELL BABE RUTH CONTRACT FOR $996,000
1919 CONTRACT SELLING BABE RUTH FROM THE RED SOX TO THE YANKEES SETS A RECORD
FOR A SPORTS DOCUMENT AT AUCTION
SOTHEBY’S AND SCP Auctions SALE OF
IMPORTANT SPORTS MEMORABILIA AND CARDS TOTALS $5,527,200
New York, New York, June 10, 2005 – This afternoon, there was extended applause in the salesroom when Sotheby’s & SCP Auctions auctioned the contract selling Babe Ruth from the Red Sox to the Yankees, for $996,000 (lot 187). The buyer was Peter Siegel, owner of Gotta Have It Collectibles, Inc., the historic collectibles dealer in New York, New York. Six bidders competed for the contract in the room and on the phone, but Siegel ultimately triumphed over an anonymous phone bidder. The seller, Alan Feinstein, has said that the profits from the contract will benefit America’s Second Harvest, the nation’s largest hunger-relief organization. The sale of Important Sports Memorabilia and Cards, which spanned the history of baseball, basketball, football, boxing, tennis and track & field,
brought a total of $5,527,200 with nine lots selling above $100,000.
Of this purchase, Mr. Peter Siegel said: “Growing up as a Yankee fan, I am ecstatic to have purchased the contract selling Babe Ruth from the Red Sox to the Yankees – it’s
a true dream. This is not only the most important document in sports history
but is also important in American history. The contract is larger than life,
a royal gem.”
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