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Houston Astros Block World Series Ring Auction, We'll Buy It for $1

The Houston Astros have essentially SHUT DOWN an auction for a 2017 World Series ring ... claiming they have a contract in place to buy it back for $1.

ONE. AMERICAN. DOLLAR.

The ring -- which originally belonged to Astros scout David Brito -- was listed with Goldin Auctions as part of its May 2020 catalog and some expected it to sell for as high as $60,000!!

Of course, Astros players, coaches and staffers each got a ring for defeating the L.A. Dodgers in the 2017 World Series .