Record-Breaking 312K Babe Ruth Card Gains Twice As Much As Dow Since 2006 [Forbes]
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Source: Forbes
Tweet This 1933 Ruth Goudeys are undervalued. Photo via eBay With Mantle-mania raging since the sale of mint 1952 Topps baseball card in April for $2.88 million and the display of a gem mint example worth $10 million at a Denver museum last month, the recent record-breaking auction of a mint 1933 Goudey Babe Ruth flew beneath the radar. The $312,000 sale in Goldin Auctions is big news because it reaffirms the tremendous rate of return for high-end popular baseball cards as an alternative investment. What make this transaction particularly illuminating is that it marked the first time that an iconic #181 Ruth PSA 9 (on a scale of one to 10) has changed hands since 2006. As a result, it shows the exact upward trend over a long period. In addition, it is the exact same card, so there’s no debate about subtle variations between two mint specimens. A Florida family rediscovered the Ruth in their decease
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