On February 22, 2014, Heritage Auction sold Babe Ruth’s Gruen pocket watch for $717,000. The pocket watch was given to the players of The New York Yankees for winning the 1923 World Series. This was the first of the 27 World Series that The Yankees have won.
The Guen Vertihm pocket watch has a five-sided case in 14K. The watch was in Ruth’s possession for sometime before being given to close friend Charlie Schwefel. The watch was given to Charlie Schwefel prior to Ruth’s death in 1948. It is engraved with Babe Ruth’s name as well to my pal Charles Schwefel.