Babe Ruth Cards
See also : Sport Baseball Babe Ruth Sport cards
Intro
Key Details on the 1914 Baltimore News Babe Ruth Rookie
- Rarity and Status: Fewer than a dozen exist in any condition; it's his pre-MLB debut card.
- Record Sale: An SGC VG 3 graded example sold for $7.2 million (including buyer's premium) at Robert Edward Auctions in December 2023—the record for any Babe Ruth card and one of the highest for any sports card.
- Recent Sale (as of late 2025): The same SGC VG 3 example (or a very similar one) resold at Heritage Auctions' Fall Sports Catalog Auction in October 2025 for $4.026 million—a significant drop of over $3 million from the 2023 price, marking one of the largest losses in card collecting history for a high-profile flip.
- Current Market (February 2026): Values remain in the multi-million range for mid-to-low grades due to extreme scarcity. Lower-grade examples (e.g., PSA PR 1 or GOOD 2) have historically sold in the $100,000–$500,000 range in older sales, but recent comps suggest strong demand persists despite market fluctuations. High-grade examples are virtually nonexistent.
- 1916 M101-5 Sporting News Babe Ruth (often considered his first MLB rookie card): Mid-grades (e.g., PSA/SGC 7) have sold for $1–$1.77 million in recent years; a PSA 7 blank-back variant was approaching or nearing seven figures in early 2026 auctions.
- 1916 M101-4 Sporting News Babe Ruth (similar issue): PSA NM 7 examples have realized around $1.37 million recently, though estimates can reach higher.
- Iconic post-rookie cards like the 1933 Goudey #181 (high-grade PSA 8–9) often fetch $1–$4 million+.
- Modern reprints or inserts (e.g., 2026 Topps issues) trade for hundreds to thousands but lack historical value.
1914 Baltimore News
2023 SOLD for $ 7.2M by Robert Edward
Jack Dunn was arguably a good businessman : as early as July 4 he transferred George to a major league club. Ruth makes his MLB debut with the Boston Red Sox on July 11.
During this short period, the local publisher Baltimore News had time to publish a baseball card of "Ruth, pitcher". The back announces the schedule from April 21 to September 26. This rudimentary monochrome print is available in two variants, red and blue, in a large size 67 x 92 mm. The large borders and the paper stock are not conducive for a good preservation.
Ten copies are known. A blue card is graded VG-EX 4 by PSA.
A red copy with a provenance from the heirs of the original owner had been on loan from 1998 at the Babe Ruth Birthplace and Museum in Baltimore. With some creasing and some corner rounding, it is graded VG 3 by SGC. It was sold for $ 7.2M by Robert Edward on December 3, 2023, lot 1 illustrated in the pre sale release shared by Sports Collector Digest. It was sold for $ 4M by Heritage on October 24, 2025, lot 50080. Please watch the video shared by the auction house.
Another red example, in poor condition, graded PR 1 by PSA, was sold for $ 450K by Robert Edward on May 18, 2013, lot 1. It is illustrated in the pre sale release shared by AuctionPublicity.
Grok thoughts to both auctions :
Quote
REA @collect_rea Nov 6, 2023
One of the world’s rarest baseball cards - the 1914 Baltimore News #BabeRuth Rookie - is coming to REA's Fall Auction beginning Nov 17. One of only 10 examples in existence, it's expected to sell for upwards of $10 million or more! https://buff.ly/3MvjfzA #thehobby
- The 1914 Baltimore News Babe Ruth rookie card, one of only 10 known examples, highlights a rare piece of sports history from Ruth’s early career with the Baltimore Orioles, predating his legendary tenure with the Yankees, and its expected $10 million+ value is driven by surging demand in the collectibles market as noted in a 2023 ESPN report.
- This card’s preservation, graded a 3 by SGC, owes much to its storage in a museum for over 20 years, a fact supported by Robert Edward Auctions’ president Brian Dwyer, who noted its condition defied the typical wear of century-old memorabilia, challenging the narrative that such items degrade uniformly without special care.
- The auction, set for November 17, 2023, by REA, coincides with a historical parallel: 100 years earlier on May 8, 1914, Ruth pitched a victory against the Buffalo Bisons, as documented by the Buffalo Evening News, underscoring his early prowess and the card’s cultural significance in baseball’s evolving legacy.
Quote
Heritage Auctions Sports @Heritage_Sport
Babe Ruth’s earliest card will find a new home this month Just 10 examples of Babe Ruth’s 1914 Baltimore News rookie card are known, and only one has graded higher than this SGC VG 3 https://sports.ha.com/itm/baseball-cards/singles-pre-1930-/1914-baltimore-news-babe-ruth-rookie-sgc-vg-3-only-one-superior-in-any-population-/a/50080-80492.s?Type=social-sports-twitter-1914Ruth-100225…
- Heritage Auctions promotes a 1914 Baltimore News Babe Ruth rookie card, one of only 10 known examples, graded SGC VG 3—the second-highest grade after a single PSA VG-EX 4.
- Previously sold for $7.2 million at Robert Edward Auctions in December 2023 with Babe Ruth Museum provenance, it headlines Heritage's October 24-26, 2025, Fall Sports Catalog Auction with an estimate of $7 million or higher.
- The accompanying 4.6-second video rotates the slabbed card on a Heritage display stand, underscoring its rarity as Ruth's first card from his minor league Baltimore Orioles tenure.
Babe Ruth’s earliest card will find a new home this month
— Heritage Auctions Sports (@Heritage_Sport) October 2, 2025
Just 10 examples of Babe Ruth’s 1914 Baltimore News rookie card are known, and only one has graded higher than this SGC VG 3https://t.co/RwFExOYDrR pic.twitter.com/77dNCr9NH4
One of the world’s rarest baseball cards - the 1914 Baltimore News #BabeRuth Rookie - is coming to REA's Fall Auction beginning Nov 17. One of only 10 examples in existence, it's expected to sell for upwards of $10 million or more!https://t.co/nCyrxWAE1v #thehobby pic.twitter.com/qNOCdfuMDr
— RobertEdwardAuctions (@REAOnline) November 6, 2023
1916 MLB rookie
Intro
The MLB rookie card of the future super-champion, published in 1916, is much more satisfactory. He was caught in action, watching where is the ball which he just threw. He has not yet retrieved his balance and the slightly angled view makes him appear slimmer than life. The monochrome sepia print is very neat. He is already identified by his famous nickname 'Babe Ruth'.
Who produced this legendary image ? Original inscriptions are absent, which is often the case when the publisher's main clients are companies that use the back side for their advertising. The Sporting News is not the editor but one of such advertisers, like the Standard Biscuit Company. The real author appears to be a Chicago photographer named Felix Mendelsohn, almost a namesake of the musician.
The American Card Catalog, which defined the denominations of all series in 1939, did a commendable job but without resolving such ambiguities. So Babe Ruth's rookie card is in the M101-4 and M101-5 series with a Sporting News or blank back and D350 with a Standard Biscuit back.
The three series have about 200 positions each. For the 30 players identified with the same position number, it is impossible to know if a card belongs to M101-4 or -5. The Ruth card has the number 151 in all three. M101-5 may be earlier than M101-4.
Still worse : the denomination M101, from -1 to -7, gathers alongside -4 and -5 Sporting News supplements and postcards plus photos later published under an FM copyright, although no other joint operation between the magazine and Mendelsohn is known.
1
M101-4 blank back NM7 by PSA
2021 SOLD for $ 2.4M by Mile High Card
Consignments are absolutely phenomenal at the 41st National Sports Collectors Convention this amazing card will be in our Fall auction consign at booth 612/614 @milehighcard pic.twitter.com/viPLfEp3Jj
— Mile High Card Co (@milehighcard) July 31, 2021
2
M101-5 blank back NM7 by PSA
2026 SOLD for $ 1.42M by Goldin
Another M101-5-151 with blank back also rated NM 7 by PSA was sold for $ 720K by Heritage on August 27, 2016, lot 80001.
The 1916 M101-5 Sporting News #151 Babe Ruth blank back rookie card (PSA NM 7, cert #08161848) is Lot 1 in Goldin's "The Goldin 100" auction (also referred to as the 2026 Winter 100 or Goldin 100), closing on March 7, 2026 (with extensions possible; as of early February 2026 data, bidding was active).
This card features Babe Ruth as a 21-year-old pitcher for the Boston Red Sox in his classic pitching pose, with outstanding centering, crisp imagery, right-angle corners showing faint tip wear, a faint horizontal print line in the lower right (not significantly impacting appeal), bright overall aesthetics, no major surface wrinkles or defects, and a clean blank reverse with minor natural peripheral wear. It's highlighted as one of the most historic and undervalued vintage Ruth rookies, representing his bona fide inaugural stand-alone card issue from early 1916 (preceding the similar M101-4 set). PSA population: This NM 7 is part of a Pop 3 for the grade in blank back examples, with only 3 higher graded by PSA overall for this variation.
Auction history for this specific card (cert #08161848):
This exact PSA NM 7 example previously sold at auction on January 26, 2012, via Goodwin and Co. Auctions (Masterpieces and Uncommon Commons XXXVIII) for $200,168.71 (including buyer's premium). It appears to have been off the public market since then until resurfacing in this Goldin offering. Some promotional materials note a prior private sale realization of "$3 million-plus" for this same PSA 7 card, though this is not corroborated in public auction records and may refer to a different transaction or exaggeration—stick to verified public data where available. No other intermediate public sales are documented for this cert in major databases like PSA Auction Prices Realized.
For broader context on M101-5 blank back Ruth rookies:
- Total PSA-authenticated blank back sales: 21 across all grades, totaling over $3.2–$3.3 million in value.
- Recent/high-grade comps for PSA 7: Historical sales in the $384,000 range (e.g., a 2018 Heritage sale at $384,000; older ones like the 2012 Goodwin at ~$200K for this cert reflect market growth).
- Blank backs are scarcer than ad-back versions and often premium-priced in equivalent condition.
- 1916 M101-4 Sporting News #151 Babe Ruth blank back — Sold for $2.4 million on November 11/12, 2021, by Mile High Card Company (Lot 1), graded PSA NM 7. This holds as a benchmark for ultra-rare M101-4 blank back PSA 7s (very low Pop, none higher in PSA for that exact variation), achieved during the 2021 market peak.
- 1916 M101-4 Sporting News #151 Babe Ruth with Sporting News back — Sold for $1.77 million ($1,777,000 with premium) by Heritage Auctions on February 25–27, 2023 (Lot 80012), graded SGC NM 7. This set a high mark for ad-back M101-4 Ruths at the time.
- Set rarity: M101-4 is scarcer than M101-5 for high-grade Ruth examples, contributing to the much higher comps ($1.77M–$2.4M range) versus M101-5 PSA 7 blank backs (typically $300K–$600K historically, with no public sales approaching seven figures).
- Back type & grade: Blank backs premium over ad backs; this Goldin card's NM 7 with strong eye appeal (outstanding centering noted) is elite for M101-5.
- Market timing: 2021–2023 peaks drove those M101-4 results; the current market (2026) is more tempered, but Ruth prewar rookies remain strong. Early bidding on this Goldin lot reached ~$760K–$860K (with buyer's premium pushing estimates higher), suggesting potential to exceed recent PSA 7 comps ($384K) and possibly approach or enter seven figures depending on final interest.
3
M101-4 blank back NM7 by PSA
2025 SOLD for $ 1.37M by Heritage
Pre sale response by Grok :
Quote
Heritage Auctions Sports @Heritage_Sport Feb 6
The most underrated card in The Hobby? It doesn't get the coverage Wagner's T206 or Mantle's 1952 Topps do but there's no doubting the importance of Babe Ruth's 1916 Sporting News rookie And there's no finer example, this NM 7 is a pop two, none higher https://sports.ha.com/itm/baseball-cards/singles-pre-1930-/1916-m101-4-sporting-news-babe-ruth-blank-back-rookie-151-psa-nm-7/a/50075-80009.s?Type=social-sports-twitter-RuthRookie-020625…
- The 1916 Sporting News Babe Ruth rookie card, highlighted in the post, is a rare artifact from a set produced by Felix Mendelssohn, with only 152 graded by PSA, making its NM 7 grade (one of two, with none higher) a significant find in the collectibles market, where a similar card sold for $1.37 million earlier in 2025.
- Unlike the more famous T206 Honus Wagner card, which ceased production due to Wagner’s objection to tobacco advertising (with only 50-200 copies estimated), Ruth’s card benefited from customized distribution by businesses like Herpolsheimer’s, a Michigan clothing store, explaining its relative scarcity and value despite lower initial publicity.
- Historical data from sports memorabilia auctions shows a surge in baseball card prices since 2020, with the COVID-19 pandemic driving demand, as noted in a 2021 Cardboard Connection report, suggesting the Ruth card’s value could exceed predictions given its pristine condition and cultural significance.
The most underrated card in The Hobby?
— Heritage Auctions Sports (@Heritage_Sport) February 6, 2025
It doesn't get the coverage Wagner's T206 or Mantle's 1952 Topps do but there's no doubting the importance of Babe Ruth's 1916 Sporting News rookie
And there's no finer example, this NM 7 is a pop two, none higherhttps://t.co/noKyDlxCuT pic.twitter.com/4JNL5zAS3b
4
M101-4 Sporting News NM 7 by SGC
2023 SOLD for $ 1.77M by Heritage
It was sold for $ 1.77M by Heritage on February 25, 2023, lot 80012. Please watch the video shared by the auction house.
5
M101-4 Sporting News EX-MT6 by PSA
2022 SOLD for $ 1.5M by Goldin
This card is perfectly centered with sharp corners. A small stain in a corner prevented a higher level. It is bested in PSA database by one NM-MT8 and one NM7.
“This is the ultimate card to own!” □
— Ken Goldin (@KenGoldin) April 21, 2022
Current Bid: $610,000 pic.twitter.com/6KjbuOHhUe
6
M101-4 Sporting News EX-MT 6 by PSA
2021 SOLD for $ 1.45M by Memory Lane
The 1916 Sporting News Babe Ruth rookie card (#151) from the Thomas Newman collection—with a Sporting News ad back, graded PSA EX-MT 6 (one of 4 in that grade, with 2 higher per PSA Pop reports for the variation)—was sold by Memory Lane Inc. on July 10, 2021 (auction closing date; part of the Dr. Thomas Newman estate sale, which ran June–July 2021), as Lot 3, realizing $1,452,000 (including buyer's premium).This is definitively from the M101-4 series (not M101-5). PSA Auction Prices Realized and related coverage list it under 1916 M101-4 Sporting News Babe Ruth, with cert #22068000 referenced in sales data. The M101-4 set (printed by Felix Mendelsohn) is the scarcer and more premium variation compared to M101-5, especially for ad-back examples like Sporting News. Population and sales comps align with M101-4: PSA tracks this as part of the M101-4 Sporting News group, where high-grade ad-back Ruths have commanded strong results (e.g., total M101-4 Ruth sales exceed $5.4M across 13+ records).Key details on this card/ex-Newman example:
- Back: Sporting News advertisement (not blank).
- Grade/Pop: PSA EX-MT 6; one of four known at this level for M101-4 Sporting News back, with only two higher (typically NM 7 territory).
- Provenance: From the renowned collection of Dr. Thomas Newman (a Tampa neurologist whose estate auction totaled over $21.5M across 900+ lots, headlined by a 1933 Goudey Ruth #53 PSA 9 at $4.212M).
- Auction context: It set a record at the time for a PSA 6 example of the 1916 Sporting News Ruth rookie (M101-4). The Newman collection was heavily promoted for its high-grade Ruth and other prewar icons.
- Subsequent market note: Another PSA EX-MT 6 M101-4 Sporting News Ruth (different cert) later sold for $1.5M at Goldin in April 2022, reinforcing the strength of this grade/set variation during the 2021–2022 boom.
7
M101-4 Herpolsheimer back NM7 by PSA
2025 SOLD for $ 1.4M by Heritage
No information surfaced about that advertiser. PSA knows 152 examples which is lesser than the 200 positions that make the basic series. They include 5 Number 151 featuring Babe Ruth P(itcher) Boston Red Sox.
The finest of these 5 is graded NM7. The preservation is perfect. The grade has been limited by a poor centering. It was sold for $ 1.4M by Heritage on August 23, 2025, lot 80011.
A newly discovered M101/ 4 or /5 rookie card of Babe Ruth with an advertisement back by Morehouse Baking Co of Lawrence, Mass was sold for $ 810K by Robert Edward on December 8, 2024, lot 1. It has been graded VG+ 3.5 by PSA. It is crisp and clean, with a better than usual centering. The reverse is stamped Cancelled after a redemption as part of the promotion advertised on the reverse. Only 53 Morehouse Baking examples have been graded by PSA plus 57 by SGC, all players included.
Just Consigned! A Babe with No Peer. This #PSAcard 1916 Herpolsheimer Co. Ruth rookie is sure to grab the attention of the most sophisticated collectors. It sits atop the PSA Pop as the finest graded example. It is headed to @Heritage_Sport @HeritageAuction for Summer Platinum. pic.twitter.com/I5bTQ0yWWH
— Joe Orlando (@CollectingByJoe) June 11, 2025
1933 Goudey
Intro
The set's 240 cards (239 released in 1933, plus the rare 1934 Napoleon Lajoie addition) captured the era's legends at their peak, helping usher in the modern gum card era and setting standards for design, storytelling, and collectibility that influenced future issues.
Goudey Gum Company is a leader in the chewing gum market. The founder of the company retires in 1932. In 1933 the new management includes silkscreen printed cards in the gum packs. The drawing executed from a photograph is simple and the colors are bright. The back includes in full format a short descriptive text beside the identification of the publisher, which was much more attractive at that place than on a postcard.
The most important series is devoted entirely to baseball players under the title of Big League Chewing Gum. Its 240 images are published by Goudey in Boston. 94 of them are renumbered and published in Montreal by World Wide Gum Company which was the Goudey branch in Canada.
The editions released in the same year include a multi-sport series of 48 cards for the Sport Kings chewing gum, 216 Indian views for the Indian chewing gum and two other series of 48 cards : Boy Scouts and Sea Raiders.
The Goudey Big League series, inserted in 1933 and 1934 in the Gum wax packs of that brand, brings a quality glow within the decadence of the 1930s trading cards, in competition with postcards. It is made of 240 positions including four Babe Ruth at position numbers 53, 144, 149, 181. Number 181 is a close-up portrait on which the leaning champion carefully observes an action out of the field of view. This picture is not included in the other series.
In order for young collectors to continue buying the gum, the number 106 of the 1933 series was originally not used. The deception has been discovered. In the following year Goudey created a 1933-106 to provide it to angry fans. This card with the effigy of retired champion Napoleon Lajoie is the rarest in the series and no copy was stained by gum. A 1933-106 graded Mint 9 by PSA was sold for $ 230K by Goldin on October 1, 2016.
A sale dedicated to 1933 Goudey by Heritage on January 24, 2019 highlighted three cards graded Mint 9 by PSA : a Gehrig sold for $ 580K and two Ruth for $ 530K (# 144) and $ 460K (# 181). Two years before, a VG-EX 4 Goudey-Ruth cards did not exceed $ 15K and signed cards were of interest only to specialist collectors.
1
# 53 Mint 9 by PSA
2021 SOLD for $ 4.2M by Memory Lane
A 1933 Goudey card # 53 featuring Babe Ruth on a yellow background was sold for $ 940K by Memory Lane on May 21, 2022, lot 1. It is one of 14 units graded NM-MT 8 by PSA.
Its visual brilliance like pack fresh is considered by Memory Lane as better than the Newman example having the only higher grade granted by PSA on this variety, narrated above.
A 1933 Goudey # 144 graded NM- MT+ 8.5 by PSA was sold for $ 1.07M by Heritage on August 19, 2023, lot 80018.
2
# 181 signed card
2026 SOLD for $ 1.46M by Goldin
Conlon's close access allowed him to document Ruth in ways few others could: tight portraits revealing the slugger's intense focus, distinctive batting grips, powerful stances, and even rare glimpses of him on the mound before he fully transitioned to the outfield. These photographs appeared widely in publications like the Spalding Base Ball Guides, Baseball Magazine, The Sporting News, and later in trading cards (including the famous 1933 Goudey card #181, derived from a Conlon negative).
The PSA graded population of the 1933 Goudey # 181 featuring Ruth with resting elbow and green background includes a single Gem Mint 10 and a total of six Mint 9.
Also graded Mint 9 by PSA, the example from the Newman collection was sold for $ 1.27M by Memory Lane on July 10, 2021, lot 2.
On August 2, 2018, Goldin sold for $ 320K as lot 21 a copy of the Goudey 1933-181 graded Mint 9 by PSA, very rare in this condition with perfect centering, very fresh colors, very clean edges and the four corners intact. Another Mint 9 example was sold for $ 460K by Heritage on January 24, 2019, lot 50181.
A signed # 181 from the Mile High Find collection was sold for $ 1.46M by Goldin on February 21, 2026, lot 2. It is the highest graded signed Goudey Ruth for all four subjects, VG-EX+ 4.5 by PSA and NM-MT 8 by PSA-DNA for the autograph.
The market for signed vintage baseball cards has been booming recently, particularly for pre-war and early post-war icons like Babe Ruth and Mickey Mantle. This surge reflects growing collector demand for authenticated autographs on iconic cards, where the signature adds substantial premium value—often far exceeding the unsigned version of the same card in the same PSA grade.
The February 2026 Goldin Auctions sale of the signed 1933 Goudey #181 Babe Ruth (PSA VG-EX 4.5 overall, with a strong autograph) for $1,464,001 exemplifies this trend, setting a public record for any signed Babe Ruth trading card. Unsigned 1933 Goudey Ruth cards in comparable mid-grades (e.g., PSA 4-5) typically sell in the $20,000–$50,000 range (recent examples include a PSA 4.5 at around $41,000 in early 2026 auctions), meaning the autograph multiplied the value dramatically—likely 20-30x or more in this case, driven by rarity (signed Goudey Ruths are exceptionally scarce) and authentication.
Other strong examples where signed versions command significantly higher prices than unsigned counterparts in the same or very similar PSA grades include:
- Mickey Mantle 1952 Topps #311 (his rookie): A signed PSA 3 (card grade low but Auto 10) sold for $793,006 in late 2024 at Goldin. Unsigned PSA 3 examples of the same card have sold in the $50,000 range recently (e.g., one at $52,800 in late 2024). The signature provided a premium of over $740,000. Signed Mantle rookies in low-to-mid grades have consistently fetched multiples (often 10x+) of unsigned peers due to the card's iconic status and the added authentication appeal.
- Vintage signed cards in general (e.g., Ruth, Mantle, Gehrig, Mays) often see massive uplifts. For instance, a signed 1933 Goudey #144 Babe Ruth (PSA FAIR 1.5/MK, with a strong signature) sold for $307,500 in late 2025 at REA—far above unsigned low-grade Goudey Ruths in similar condition (which might go for $10,000–$30,000 depending on specifics).
- Broader trends from recent auctions (2024–2026) show signed vintage baseball cards from legends frequently outperforming unsigned versions by large margins, even when card condition/grade is comparable or lower. This is because:
- Signatures are authenticated (e.g., PSA/DNA or similar), adding provenance and reducing risk.
- Rarity of on-card autos on high-demand issues creates scarcity.
- The "story" factor (e.g., Ruth signing his own Goudey card) boosts desirability.
Final Sale Price on this 1933 Goudey #181 Babe Ruth Signed Card: $1,464,001
— Goldin (@GoldinCo) February 22, 2026
The All-Time Highest Public Sale for any Ruth signed trading card! □⚾️
Email [email protected] to consign your Collectibles to one of our upcoming Auctions! □ pic.twitter.com/6oHDD6Mnvn