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Bloomberg's Betty Liu reports that a New York Yankees baseball cap worn by Hall of Famer Babe Ruth has gone up for auction, 15 years after David Wells donned it for an inning on the mound at Yankee Stadium. Worn by Ruth in the early 1930s, the navy blue flannel cap is worth an estimated $400,000, according to SCP Auctions, which is handling the sale. She speaks on Bloomberg Television's "In The Loop." (Source: Bloomberg)
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