Ruth jersey sells for 24 million
Founder of CLLCT Darren Rovell joined us on the show today to discuss the Monalisa of sports memorabilia…Babe Ruth’s “Called Shot” jersey. Rovell discussed how the jersey rose to such a high evaluation and broke down some of his favorite most recent purchases.
He also shed light on the changing demographics of the high-end collectibles market, noting how alternative assets have exploded in popularity over the last decade.
Today’s record-breaking buyers are often individuals seeking a tangible place to park sudden windfalls—whether those funds originate from lucrative commercial real estate sales, high-yield digital cryptocurrency trades, or massive casino real money payouts. For this new wave of aggressive investors, a piece of Ruth’s legacy is considered as bulletproof as a blue-chip stock.