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Babe Ruth (3)     $45.00
Babe Ruth (3)
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One of the three promissory notes issued by the New York Yankees to the Boston Red Sox organization, each made payable for $25,000 (plus six percent interest), with the final $25,000 of the $100,000 price tag to acquire Babe Ruth paid in cash. Text of the note is as follows: "$25,000 (addended to read $25,500 to include 6% interest), NY January 3, 1922, One Hundred and twenty days after date we promise to pay to the order of The Boston American League Baseball Club Twenty-five Thousand and no/100 Dollars at Yorkville Bank with interest at 6%, American League Baseball Club of New York, Inc. by (signed) Jacob Ruppert, President, (signed) T.L. Huston, Secretary." The signatures of Ruppert and Huston appear again on the verso, along with the team owner H. Frazee. Frazee writes, "Boston American League Baseball Club By H. Frazee, Prest." Two unidentified signatures, likely those of bank employees appear at bottom. Headlines were made in November of 2004 when the philanthropist who owns the actual contract sending Ruth to the Yankees attempted to sell it on eBay, realizing legitimate bids of over $470,000 and choosing not to accept the high offer, believing the contract to be worth a good deal more. This image is NOT one of higher quality images. Our original compressed file check image is 123,000 kb.  This reproduction would look great in an album or display.

 




Babe Ruth (3)    
     
 


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