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Ruth Yankees jersey auctioned for record $5.64M

A Babe Ruth New York Yankees jersey has sold for a record $5.64 million at auction.

The jersey, dating to around the 1928-30 period, broke the previous mark of $4.4 million for a 1920 Ruth jersey, according to Hunt Auctions.

The more than 400 pieces of Ruth memorabilia at auction were supplied by the late Hall of Famer's family and a few other collectors.

"For many years, we cherished the items within his personal collection and have been blessed to represent his legacy through our many family endeavors," said Linda Ruth Tosetti, granddaughter of Babe Ruth.