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Cursed Contract Selling For Over $1 Million

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  • Cursed Contract Selling For Over $1 Million

    From money.ccn.com

    <i>The document that "cursed" the Boston Red Sox for 86 years is about to become a $1 million-plus blessing for a Rhode Island homeless shelter.

    The original 1919 contract selling Babe Ruth to the New York Yankees for $100,000 is being auctioned by a Rhode Island philanthropist, Alan Shawn Feinstein, on the eBay auction site. As of 8:20 a.m. ET Sunday, bidding on the contract stood at $1,000,900.

    In addition to the contract, the successful bidder will receive a 4-page feature story about the curse that kept the Red Sox from winning the World Series, and a letter from Hall of Famer Ty Cobb describing Ruth as baseball's greatest player.

    Some 218 bids have been received in the auction, which ends at 12:08 p.m. ET Tuesday.

    According to the eBay page describing the auction, proceeds from the sale will go to the House of Hope, a homeless shelter in Warwick, R.I.

    The 73-year-old Feinstein told the New York Times that he has raised another $2 million for charity by selling copies of the contract, which he bought in 1993 for $99,000, for $30...</i> <A HREF="http://money.cnn.com/2004/11/06/news/newsmakers/ruth_ebay/index.htm">Entire Story Here</A>
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