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The engraving on the back of the watch declares the New York Yankees champions of the 1928 World Series. Lou Gehrig hit four home runs and batted .545 in the four-game sweep of the St. Louis Cardinals in the Series. SCP Auctions image.

Lou Gehrig’s 1928 world champions watch sells for $340,000

Tom Hoepf
Tom Hoepf

The engraving on the back of the watch declares the New York Yankees champions of the 1928 World Series. Lou Gehrig hit four home runs and batted .545 in the four-game sweep of the St. Louis Cardinals in the Series. SCP Auctions image.
The engraving on the back of the watch declares the New York Yankees champions of the 1928 World Series. Lou Gehrig hit four home runs and batted .545 in the four-game sweep of the St. Louis Cardinals in the Series. SCP Auctions image.
LAGUNA NIGUEL, Calif. – Lou Gehrig’s 1928 New York Yankees world champions wristwatch sold for $340,000 on Monday, the day after SCP Auctions’ Mid-Summer Classic auction came to a close.

“Lou Gehrig’s 1928 World Series watch is one of the most significant items ever offered at auction representing baseball’s beloved Iron Horse,” said Dan Imler, vice president of SCP Auctions. “We are thrilled to see this treasure sell to an advanced collector for a price worthy of its quality and historical importance.”

The $340,000 price marks one of the highest prices ever paid for a Gehrig item. In November 2011, SCP Auctions sold a game-used bat swung by Gehrig in 1939 to hit his final home run with the New York Yankees during a spring training game for $403,664.

What’s more, both the consignor of the watch and SCP Auctions have agreed to make donations to their local ALS Association chapters. “With this summer marking the 75th anniversary of Gehrig’s ‘Luckiest Man Alive’ speech, it seems only fitting,” added Imler.

The buyer of the watch wishes to remain anonymous at this time.

ADDITIONAL IMAGES OF NOTE

The engraving on the back of the watch declares the New York Yankees champions of the 1928 World Series. Lou Gehrig hit four home runs and batted .545 in the four-game sweep of the St. Louis Cardinals in the Series. SCP Auctions image.
The engraving on the back of the watch declares the New York Yankees champions of the 1928 World Series. Lou Gehrig hit four home runs and batted .545 in the four-game sweep of the St. Louis Cardinals in the Series. SCP Auctions image.
Lou Gehrig's name is engraved on the side of the watch, which sold for $340,000 on Sunday. SCP Auctions image.
Lou Gehrig’s name is engraved on the side of the watch, which sold for $340,000 on Sunday. SCP Auctions image.