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Press Release - August 20, 2019

Multiple World Records Shattered en Route to $11M Tally for Heritage Platinum Night Sports Auction

Seventeen lots command prices in excess of $100,000, including a world-record $2.58M for 1937 Lou Gehrig jersey

1937 Lou Gehrig game worn Jersey $2.5 million
DALLAS, Texas (Aug. 20, 2019) — The world's largest collectibles auctioneer yet again asserted its hobby dominance yet again over the weekend as 643 lots drew just over $11 million in winning bids, shattering longstanding price records in the process. No fewer than 17 individual lots commanded prices in excess of $100,000, led by a $2.58 million result for Lou Gehrig's 1937 New York Yankees road jersey, the highest price ever achieved at auction for a jersey not worn by Babe Ruth.

"We've picked up a good number of high-end collectors in recent months,” noted Chris Ivy, Director of Sports Collectibles for Heritage. "The uncertainty in the financial markets is driving corporate money toward the safety of top-tier collectibles, so we're in the midst of a significant pricing boom here.”

Among the most stunning results of the sale was a $396,000 winning bid for Ty Cobb's portrait by legendary photographer Carl Horner. The Horner image, which was used for Cobb's famous T206 portrait cards, more than quadrupled the standing record for an unsigned sports photograph. The record for a Roberto Clemente game-used bat was more than doubled Saturday night, as his 1971 World Series lumber found a new owner at $198,000. Likewise setting a new hobby mark was a $126,000 result for a 2016 New England Patriots Super Bowl championship ring, by far the highest price ever paid for a ring not related to a major star.

Sports cards yielded incredible results as well with a freshly discovered and graded 1916 Famous & Barr Babe Ruth, PSA EX-MT 6, rookie card fetching $540,000, and a 1935 National Chicle Bronko Nagurski, PSA NM-MT+ 8.5, landed at $174,000. The vibrant modern trading card market likewise saw its record books rewritten as Upper Deck insert cards from NBA icons Michael Jordan, which commanded a winning bid of $204,000, and LeBron James, which ended at $192,000, signaling tremendous growth in the 21st century genre.

Certainly all lots benefitted from the enormous global press coverage of President Barack Obama's 1979 Punahou (HI) High School game worn basketball jersey, which drew a winning bid of $120,000, a record for any jersey not worn by a star athlete.

Other highlights included:

· $384,000: 1956 Mickey Mantle All-Star Game Used Bat, PSA/DNA GU 9.5

· $111,000: The Only Known Babe Ruth & Ty Cobb Dual-Signed Photograph

· $150,000: Early to Mid-1930's Lou Gehrig Game Worn New York Yankees Cap, MEARS Authentic

· $120,000: 1953 Ty Cobb Single Signed Baseball, PSA/DNA Gem Mint 10

· $97,200: 1983 Walter Payton Game Worn & Signed Chicago Bears Jersey, photo matched

· $90,000: 1868 "Clipper Prize" Medal Presented to George Wright, with George Wright letter of provenance

· $84,000: 1966 Muhammad Ali Fight Worn Gloves from George Chuvalo I Bout

· $55,200: 1984-85 Michael Jordan Rookie Game Worn & Signed Rare Black-Toed Air Jordan I Single Sneaker, MEARS Authentic

· $44,400: 1923 Green Bay Packers Stock Certificate

· $36,000: 2012 Mike Trout Game Used & Signed Rookie Bat, PSA/DNA GU 10

Heritage Auctions is the largest fine art and collectibles auction house founded in the United States, and the world's largest collectibles auctioneer. Heritage maintains offices in New York, Dallas, Beverly Hills, San Francisco, Chicago, Palm Beach, London, Paris, Geneva, Amsterdam and Hong Kong.

The Internet's most popular auction-house website, HA.com, has over one million registered bidder-members and searchable free archives of four million past auction records with prices realized, descriptions and enlargeable photos. Reproduction rights routinely granted to media for photo credit.

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I would also like to thank your auction company for the promotion of the auction and was pleasantly surprised by the number of bidders who attended, as well as the prices realized. It was a pleasure doing business with you.
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Warren Miller
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