By James Rogers
Published December 16, 2019
The bat used by Babe Ruth to hit his 500th home run has been auctioned for more than $1 million.
SCP Auctions in Laguna Niguel, Calif., sold the autographed bat for $1,000,800 on Dec. 14. The Bambino hit his historic 500th homer on Aug. 11, 1929, in a game against the Cleveland Indians.
According to SCP Auctions, the ball cleared the right-field wall at League Park and rolled down Lexington Avenue.
Ruth was the first of just 27 Major League Baseball players to reach that mark.
The Sultan of Swat gave the bat to his friend, former Suffern, New York, Mayor Jim Rice, in the 1940s. It's been in the family for nearly 75 years.
The auction house didn’t identify the buyer.
Babe Ruth memorabilia is big business. Another Ruth bat used to hit the first home run out of Yankee Stadium in 1923 sold for nearly $1.3 million in 2004.
In November, a Babe Ruth rookie card was auctioned for more than $110,000. Earlier this year, a 1916 Babe Ruth baseball card was auctioned for more than $130,000.
In 2018, a long-lost Babe Ruth World War II-era Babe Ruth radio interview surfaced after its discovery in the archives of Cheshire Academy, a private school in Connecticut.
Fox News’ Chris Ciaccia and the Associated Press contributed to this article.
Follow James Rogers on Twitter @jamesjrogers