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Ruth Yankees jersey sells at auction for $5.64M

A Babe Ruth New York Yankees jersey has sold for a record $5,640,000 at auction.

The jersey, dating to around the 1928-30 period, broke the previous mark of $4,400,000 for a 1920 Ruth jersey, according to Hunt Auctions.

The over 400 pieces of Ruth memorabilia at auction was 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. "The decision to share items from his personal collection was made with careful consideration and the intent to further his legacy within a new generation of baseball fans.