Babe Ruth Ball sells for $264,500

Collectors Still Defying the Law of Economic Gravity

This past week , once again , confirms  that the collectible sector is not paying attention to the gloom and doom from the vast majority of the population.  They continue to live life to the fullest by not only smart investing but also instead of following the pack and worrying about yesterday or next week or next year they have decided  to, as Eckhart Tolle says, “Live in the NOW”.   Here are just a few examples of how resounding the collector market responded to choice memorabilia and collectibles over the past week. Particularly premium autographed memorabilia.

Babe Ruth Signed home run ball goes for $264,500 at auction

According to the Associated Press, the ball Babe Ruth hit for his 702nd career home run went for $264,500 earlier today at the Louisville Slugger Museum’s seventh annual live auction.  Ruth hit the home run in 1934 and later signed the ball. Of course, he finished his career with 714 round-trippers.   Read More.....