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John Wooden 1930s Purdue jersey sells for $264,000

Surpassing its pre-auction estimates, a 1930s John Wooden jersey that he wore while attending Purdue, sold for $264,000 in a recent auction hosted by Heritage Auctions.

The Wizard of Westwood (John Wooden) continued to work his magic eight years after his passing at age 99, as a jersey he wore as a member of the early 1930s Purdue Boilermakers dwarfed its pre-auction estimate of $30,000-plus with a top bid of $264,000 in Heritage Auctions’ May 17-18 Sports Memorabilia Catalog Auction.

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The auction price sets a world record for a college basketball jersey, besting the standing mark by over $120,000. The top result of the auction though, was a $660,000 sale price for the bat used by Babe Ruth to launch his record 60th home run of the fabled 1927 season. It is one of just a small handful of bats ever to command a sale price north of a half-million dollars.

“The memorabilia market is hot across the board,” said Chris Ivy, director of Sports Auctions for Heritage, “but the top end continues to enjoy the steepest ascent. Our marketing department has proven particularly adept at drawing global investment capital into the collectibles field, and our consignors are reaping the enormous benefits of this enterprise.”

The autograph collection of Jack Smalling, widely considered the most comprehensive Major League Baseball assembly in existence, drew a winning bid of $180,000 for the third-highest result in the auction, while a 1951 Mickey Mantle rookie card signed by the legendary Yankee likewise illustrated the fortitude of the autograph market with a $66,000 result.

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Tom Brady continued his winning ways as a $66,000 result for his 2006 game worn New England Patriots jersey proved to be one of the highest ever paid for a 21st century gamer. Jim Palmer saw a record-setting $30,000 result for a jersey from his 1975 Cy Young season, more than doubling the former record for his wardrobe.

Other Highlights Include:

• $55,200 – Eddie Collins single signed baseball, circa late 1930s

• $42,000 – Tour of Japan team photograph from 1934, signed by all 18 men pictured, including Connie Mack, Babe Ruth and Lou Gehrig.

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• $38,400 – Honus Wagner game worn Pittsburgh Pirates coach’s jersey, circa 1946