Collectable To Offer Stock Of Baltimore News 1914 Pre-Rookie Card Babe Ruth Valued At $ 6 Million | national news
NEW YORK, June 9, 2021 / PRNewswire / – Today To collect, the leading sports memorabilia investment platform, has announced that it will be offering shares of a rare 1914 Baltimore News Babe Ruth Pre-Rookie Card – one of the most popular baseball card collectibles. rare that exist. The card, which was acquired by an anonymous buyer for a record price, will be on display at the Babe Ruth Museum in Baltimore, Maryland, and interest amounting to a one percent (1%) interest in the card should be offered on Collectable for $ 3 out of interest, placing the value of the card at $ 6 million.
The 1914 issue of Baltimore News Babe Ruth is considered one of the most valuable baseball cards in the entire sports collectables industry. With less than ten of these cards in existence, this recent acquisition is the first involving the card since 2013. The most recent acquisition of the Ruth card broke the previous one. $ 5.2 million record for a card that was set by a 1952 Mickey Mantle card and a 2003 LeBron James Rookie card, confirming that it is the most expensive purchase in sports card history.
“Today’s announcement represents not only a record price for a sports card, but also a historic and seismic moment for the sports collectables industry. For the first time in history, via Collectable, collectors and sports fans from ALL income brackets will be able to co-own this record asset, ”said Ezra Levine, CEO of Collectable. “We continue to see tremendous enthusiasm for rare and exciting pieces of sports history, and we are delighted that today’s announcement shows the power of fractional ownership to democratize and modernize our special industry.”
Rated SGC 3, this card is the rarest and most valuable Babe Ruth card in existence, and is considered his true Minor League rookie card. This is the second highest rated example, only behind a 4 rated Ruth card. Ruth’s Major League rookie cards were printed in 1916 and, while coveted and valuable, are far more available than this version of. the Minor League of 1914.
For context, there are around 60 Honus Wagner T206 cards currently in circulation, three of which have been available for public purchase this year. In contrast, there has been no sale of this Babe Ruth Baltimore News card since 2013. Thus, this Baltimore News Ruth card is one of the rarest baseball cards in existence.
For 23 years, the card has been on display at the Babe Ruth Museum in Baltimore, Maryland, where it will remain in a newly created special display case for visitors, including shareholders, to visit this asset in person.
“Babe Ruth’s Birthplace and Museum celebrates and preserves the legacy of baseball’s greatest star, Georges herman “Baby Ruth” said Shawn herne, executive director of the Babe Ruth Museum. “This incredibly generous offer to display Ruth’s 1914 Orioles rookie card allows the museum to offer visitors the unique opportunity to experience – up close and personally – the ‘Mona Lisa’ of baseball cards, and to further appreciate Ruth’s continued impact on the game, and on our society, as an American cultural icon. “
Babe Ruth, nicknamed “The Bambino” and “The Sultan of Swat”, is considered baseball’s first great puncher and most famous athlete of his time. He won 7 World Series championships and was inducted into the Baseball Hall of Fame, Major League Baseball’s All-Century Team and Team of All Time. His career spanned 22 seasons, from 1914 to 1935, starting as a star pitcher for the Boston Red Sox. Still, he achieved his greatest fame as a slugging outfielder for the New York Yankees. Ruth set MLB batting (and some pitching) records that spanned many years, including career homers (714), runs batted (RBI) (2,213), walks (2,062 ), hit percentage (0.690) and over-base plus slugging (OPS) (1.164). Ruth is considered one of the greatest sports heroines in American culture.
At this time, no money or other consideration is being solicited by Collectable for the offer. No offer to purchase an interest in the Offer may be accepted by Collectable and no part of the Purchase Price may be received by Collectable until the Offer Statement is qualified by the SEC. If money or other consideration is sent to Collectable for the purpose of acquiring an interest in the Offer, it will not be accepted. Any offer to purchase securities may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notification of its acceptance given after the qualification date; and any indication of interest in the offer does not imply any obligation or commitment of any kind.
Collectable is an investment platform and community for sports fans. As the first and only fractional ownership app dedicated to sports, Collectable reinvents collecting and investing in sports, a long-awaited modernization of a timeless tradition through fractional shares, more access, more liquidity , a lower price and less exclusivity. Collectable believes that the greatest moments and artifacts in sports history should be accessible to the masses, not just the wealthy. The Collectable app is available in the Apple Store or Google Play, please visit www.collectable.com for more information.
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