FALL 2012 Auction
Wed, Nov 14, 2012 09:00PM EST - Sun, Dec 2, 2012 12:00PM EST
Lot 686
1945 BABE RUTH SIGNED GEORGE HERMAN RUTH CONTRACT BORROWING MONEY FROM THE NEW YORK
Sold for
$8,294.40
Sold Price includes BP
Bid Increments
| Price | Bid Increment |
|---|---|
| $0 | $10 |
| $200 | $25 |
| $500 | $50 |
| $1,000 | $100 |
| $3,000 | $250 |
| $5,000 | $500 |
| $10,000 | $1,000 |
| $30,000 | $2,500 |
| $50,000 | $5,000 |
| $100,000 | $10,000 |
| $200,000 | $20,000 |
| $300,000 | $25,000 |
| $500,000 | $50,000 |
This is a remarkable bit of baseball history represented in a perfect condition bank document from 1946 whereby one George Herman Ruth borrowed $10000 from the New York Yankees for four months at 3 percent interest. With that kind of scenario the resulting boffo signatures from Ruth and fellow Hall of Famer Ed Barrow providing a uniqueness to this item rarely matched. Given the legal nature of the 81/2-by-14-inch two-sided document the Ruth signature is the formal - and highly coveted -"George Herman Ruth" in the same elegant hand that lovingly produced so many tens of thousands of "Babe Ruth" autographs. The document is in nearly as-issued condition with several official stamps from bank staffers and even some penciled notes about terms. Simply a remarkable bit of Yankees memorabilia in a document squirreled away in the archives of The Rye National Bank.
Full LOA's from both JSA and PSA/DNA.
Payment for your invoice must clear in full prior to shipping. All items will be shipped from SCP Auctions’ Laguna Niguel, CA office in the order that payments are received. Please allow up to three business days following clearance of payment for items to ship. All items will be shipped UPS/FedEx Ground unless you contact us to discuss an alternative shipping method. If you would like your items shipped in a different method, such as UPS/FedEx Next Day or UPSFedEx 2-Day, you must contact our Post Sale Services Manager Veronica Rodriguez by emailing customerservice@scpauctions.com to discuss alternative shipping instructions. Prior to bidding, please be aware of estimated shipping costs, especially for large or heavy lots. You may contact SCP Auctions for any shipping estimates lots you are bidding on or interested in bidding on. If you intend to pick up your items in person at the SCP Auctions office, please call us to schedule. Payment must clear prior to items being available for pick-up.
