Babe Ruth 1923 World Series Watch is For Sale on the Auction Block

Got an extra $1,000,000.00 lying around? If so, you might have a chance to purchase Babe Ruth's 24KT Gold 1923 World Series Championship pocket watch. The watch was given to The Babe after the New York Yankees defeated the New York Giants four games to two for the first World Series Championship in franchise history. It was customary at that time to issue members of the winning team watches as opposed to championship rings.

The front of the watch is engraved "Babe Ruth Yankees 1923 World Series Champions" while the back of the watch is engraved "Presented by Baseball Commissioner to George H. Ruth." Just before his death in 1948, Ruth gave the watch to his friend, Charles Schwefel and had the engraving "To My Pal Charles Schwefel" added to the back. Schwefel in turn gave it to Ruth's former golf caddy, Lewis Fern. Fern sold the watch to the current (anonymous) owner in 1988. The watch is expected to fetch around $750,000 to $1,000,000.00. With the right buyer, it could even challenge this 1920 Babe Ruth New York Yankees jersey as the most expensive piece of sports memorabilia ever sold.

The Ruth World Series watch is just one item that is part of Heritage Auction's February 22-23, 2014 Sports Collectibles Platinum Night Auction. Some of the other items up for bidding are the pitching rubber from Derek Jeter's 3,000th hit game, a game used catchers mitt from Roy Campanella, several cards from the Black Swamp Find and the infamous cracked bat that Roger Clemens threw at Mike Piazza during the 2000 World Series.

Internet bidding has has already started. Visit Heritage Auctions to own a piece of baseball history.

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