| The 
				bat he used to hit his 500th home run in 1929 has sold for 
				$1,000,800, officials for SCP Auctions announced on Sunday.
 The bat, a gift from Ruth to a friend in the 1940s, was bought 
				at auction in California by an unidentified buyer, SCP Auctions 
				said.
 
 It follows a bat, which the Sultan of Swat used in 1923 to hit 
				the first home run out of the original Yankee Stadium, that sold 
				for a record $1.3 million in 2004.
 
 “Babe Ruth memorabilia continues to be among the most prized 
				artifacts for all worldwide collectors,” said SCP Auctions 
				President David Kohler in a news release, “and this outstanding 
				bat proved that once again.”
 
 Ruth hit 714 home runs in a 22-season career with the Boston Red 
				Sox and New York Yankees before retiring in 1935.
 
 He became the first player to hit 30, 40, 50 and 60 home runs in 
				a single season, and his slugging style forever changed the way 
				baseball was played.
 
 The 1929 bat, made of ash, was gifted by Ruth in the mid-1940s 
				to the mayor of Suffern, New York, Jim Rice, a golfing, bowling 
				and drinking buddy of one of baseball's original Hall of Famers.
 
 For decades the historic bat leaned impassively in a corner of 
				the Rice family den, treated not as a piece of history but more 
				like a piece of furniture no different than the bookcase and 
				coffee table.
 
 After Jim and then his wife passed away, the bat spent three 
				decades hidden in a closet in the home of their only son Terry.
 
 The childhood joy Terry had reveled in from owning such a 
				sporting treasure has given way to dread, the bat too valuable 
				to display or even tell anyone about.
 
 "It just got to the point I couldn't leave it out," Rice told 
				Reuters. "I was less cautious years ago but more recently I 
				hardly told anybody.
 
 "I just couldn't enjoy it, it was hidden away. My girlfriend was 
				afraid to have it here, that somebody would break in so we 
				weren't enjoying it.
 
 "It just seemed time," he said.
 
 (Reporting by Gene Cherry in Salvo, North Carolina; additional 
				reporting by Steve Keating; Editing by Lisa Shumaker)
 
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