SCP Auctions will bring to auction one of the earliest known jerseys worn by New York Yankees legend Babe Ruth. A circa 1920 Yankees road jersey worn by Ruth is considered one of the most valuable pieces of sports memorabilia ever auctioned. Ruth wore the jersey shortly after being traded to the Yankees from the Boston Red Sox.

The baseball jersey has been on display for years at The Babe Ruth Birthplace Museum in Baltimore, Maryland. It is expected to bring in seven figures, as only a handful of other pieces of vintage baseball memorabilia have sold for more than $1 million.

A vintage tobacco card (baseball card) of the Pittsburgh Pirates’ Honus Wagner, T-206, was sold by SCP Auctions in 2007 for $2.8 million. The auction house has stated that some industry experts have speculated that the Ruth jersey could make sports memorabilia history as the most expensive single item ever sold. Wagner and Ruth were both in the inaugural group of players inducted into the National Baseball Hall of Fame in 1936.

"This is simply the finest sports artifact we’ve handled in our 30-year history,” said David Kohler, president at SCP Auctions. “It has it all. You would be hard pressed to dream up a more desirable baseball artifact. The historical impact of Ruth’s emergence in the Big Apple in the early 1920s, combined with the jersey’s superb original condition, makes this a sports treasure of the highest order.”

The online auction runs from April 30 to May 19, 2012. Bidding is open to registered bidders only. For more information on how to participate, visit SCPAuctions.com.