Laguna Niguel, Calif. (July. 14, 2009) – SCP Auctions, a leader in auctions and private sales of important sports memorabilia and cards, has purchased a game-worn hat of legendary Yankee and one of the game’s greatest first baseman Lou Gehrig for $74,750, on behalf of a client who is an avid collector of Yankee memorabilia at auction at the Major League Baseball All-Star Fan Fest, it was announced today.

One of only few known to exist the hat, in the iconic Yankees navy blue and white NY logo, has 7 1/8 and L.Gehrig stitched in the band. The original A.G. Spalding Brothers manufacturing label is also intact and features the short-lived hard composite bill found in hats of the 20s and early 30s era.

"This is one of the finest Lou Gehrig game-worn pieces in existence," said David Kohler, president of SCP Auctions. "We are honored to be a part of the collector’s acquisition."

The rare Babe Ruth and Lou Gehrig autographed photo, which sold for $48,300, originates from the players’ barnstorming days, circa 1927-1928. The fresh to the market photo signed by both icons of the game are extremely scarce and seldom found in beautiful condition with both Ruth and Gehrig signatures in bold black pen and rated a perfect 10 out of 10.

Gehrig, a two-time AL MVP, is second all-time in consecutive games played, a record which previously stood for 56 years, and gave pitchers fits batting .340 lifetime with 1,995 RBI and a Major League Baseball-record 23 grand slams before being forced to give up the game due to contracting amyotrophic lateral sclerosis, known today as Lou Gehrig’s Disease.

SCP Auctions is currently having their July Internet Auction, ending July 23, which features the world’s oldest baseball card: the 1869 Peck & Snyder Cincinnati Red Stockings Trade Card, Stan Musial’s 1955 Autographed Game-Winning Home Run All-Star Bat, and T206 Eddie Plank card. For more information on the auction, go to www.SCPAuctions.com.

About SCP Auctions

SCP Auctions, Inc. has been a leader in auctions and private sales of important sports memorabilia and cards since 1979. SCP Auctions has handled some of the most significant individual items and prominent collections in their field, such as the record-setting sale of Babe Ruth’s bat used to hit the first home run in Yankee Stadium (sold for $1.265 million), The original 1919 Contract of Sale of Babe Ruth from the Red Sox to the Yankees (sold for $996,000), and the private collections of Hall of Famers such as Honus Wagner, Tony Lazzeri, Wilt Chamberlain, Bob Cousy, Casey Stengel, Pee Wee Reese, and Ernie Banks. For more information, please visit www.SCPAuctions.com .