Why a $24.1 million Babe Ruth jersey may seem like a bargain in the years ahead

By Charles Passy,
MarketWatch,
Aug. 27, 2024

Charles Passy of MarketWatch talks with Tom Ruggie, ChFC®, CFP®, Founder and CEO of Destiny Family Office and others following the record-breaking sale by Heritage Auction of the 1932 Babe Ruth game-worn New York Yankees World Series “called shot” jersey.  As each new record sale establishes a benchmark that opens the proverbial floodgates for more record sales, Tom posited that, “It’s like the four-minute mile. Nobody thought you could run it,” he said. That is, until someone did. Now, it’s considered a routine time.”

 

Listen to the Destiny Family Office Significance of Wealth episode with Barry Meisel, President and CEO of MeiGray – one of the photo-match authenticators of the “Called-Shot” jersey.