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Babe Ruth jersey sold at auction for $5.64 million makes history as most expensive sports memorabilia

Babe Ruth jersey goes for $5.6 million
Babe Ruth jersey fetches record-breaking $5.6 million at auction 00:33

A Babe Ruth auction made history Saturday at Yankee Stadium, CBS New York reports. A road jersey worn by the late Yankee slugger sold for $5.64 million.

It the most expensive piece of sports memorabilia ever sold, according to Hunt Auctions. The item was among a trove of possessions put up for auction by Ruth's family, including family photos, hunting gloves and a suitcase Ruth traveled with on a trip to Japan in 1934.

"I just want people to enjoy and appreciate my grandfather's stuff," Ruth's granddaughter, Linda Ruth Tosetti, told CBS New York.

The jersey dates back to the latter part of Ruth's career and was worn from 1928 to 1930, when Ruth negotiated for and eventually received an unprecedented salary of $80,000 for two years. Ruth retired from baseball at the end of the 1937 season and died in 1948.

Tosetti says a portion of the proceeds from the auction will go to charity.

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