Jackson bat goes for $137,500 US; Cobb bat sells for $132,000
habs71
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<< <i>Saturday, Nov 06, 2004
Jackson bat goes for $137,500 US; Cobb bat sells for $132,000
LOUISVILLE, Ky. (AP) - A Louisville Slugger signed by "Shoeless" Joe Jackson sold for $137,500 US Saturday at a memorabilia auction held at the museum where the bats are made.
Cracked on the handle and worn on the barrel, the bat, made in 1910 or 1911, has Jackson's signature along the hitting area in bold ink. An unidentified private collector made the purchase.
The bat was the featured piece among 412 items sold. The Louisville Slugger Museum planned to use the funds raised by the auction to pursue other pieces of baseball memorabilia.
The museum dredged many of the auctioned items from a warehouse and file cabinets in the basement of the downtown Hillerich & Bradsby Co., where the trademark bats are still manufactured.
Also Saturday, a bat used by Ty Cobb went for $132,000, a record for a Cobb bat. Chris Cavalier, who runs a sports memorabilia business in San Ramon, Calif., made the purchase.
"I really didn't think I'd be leaving with this bat," Cavalier said. "It's still hard to believe I actually own it now."
The bat's value was enhanced by grease-pencilled writing on the barrel. The markings were not made by Cobb, but by a Hillerich & Bradsby receiving agent working at the factory during Cobb's era. They indicate that Cobb probably used the bat, then had it sent back to Louisville to have more made exactly like it.
Bats weren't the only items on sale.
A Cleveland Indians jersey worn by Satchel Paige was sold for $110,000. A letter handwritten by Babe Ruth, with six of his signatures at the bottom, and its original envelope went for $41,800. A baseball signed by Ruth and Lou Gehrig went for $31,900.
© The Canadian Press, 2004 >>
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I bet it would be about 15% or so...
It takes alot of money for H & B to reaquire some of these bats as they paid over $400k for the Dimaggio Hit Streak bat that was in the April 2004 Mastro's auction.
Hey Guys-
I heard the Thorpe bat did not sell....was it pulled or did it not get any bids?
John
Thanks for the information. It showed up their website as having sold for $0.00.
32 Significant Jim Thorpe professional model baseball bat c.1917-20. EX ($75,000.00-$100,000.00) $0.00