Heritage Auctions is auctioning Babe Ruth's 1923 World Series championship pocket watch in New York City on February 22. The watch, which was originally thought to be lost, is expected to fetch $750,000.
The Associated Press (via ESPN.com) has more details:
At the time, winning players got watches, which later were replaced by the still-standard rings.
"No one knew where the piece had been. No one has ever seen it for public sale or public auction," Ivy said. "The fact that there was no news about it for so many decades, it was just thought that at some point it had been lost to time."
The 14-karat gold timepiece remained with Ruth until shortly before his death from cancer in 1948.
Such a cool piece of history. If we had that kind of coin, we'd be all in. Good luck to the bidders!
UPDATE: The predictions were close, as the watch sold tonight for $717K.