Babe Ruth’s 500th home run bat goes on sale at auction

Babe Ruth has gone from the Sultan of Swat to the King of Memorabilia. 

Nine of the top 20 highest-priced sports memorabilia items sold are attached to the Babe. 

Here comes No. 10. The Louisville Slugger bat Ruth used to slug his 500th career home run is up for auction to the highest bidder. 

"We're estimating this at a million and up just to be conservative," David Kohler, president of SCP Auctions, which will conduct the sale, told Reuters. "We think it will surpass the other bat. This 500 bat is kind of the brother to it.

"Even though he has been gone since 1948 he remains the King." 

Babe Ruth was the first major league player to hit 500 home runs. (Photo: AP)

Ruth's bat could surpass the record price for any bat. The one he used to hit the first home run at Yankee Stadium in 1923 sold for $1.265 million in 2004, by SCP Auctions.

Ruth became the first major league player to slug 500 homers when he reached the milestone in 1929. He gave the historic bat to his friend and former mayor of Suffern, New York, Jim Rice, in the 1940s. Rice's son has stored the bat in a closet until today.

The auction begins on Thanksgiving Day and closes on Dec. 14.

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