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In various surveys and rankings, Ruth has been named the greatest baseball player of all time. In 1998, ''[[The Sporting News]]'' ranked him number one on the list of "Baseball's 100 Greatest Players".<ref>{{cite web|url=http://www.baseball-almanac.com/legendary/lisn100.shtml|title=Baseball's 100 Greatest Players|publisher=Baseball Almanac|access-date=May 18, 2014|archive-url=https://web.archive.org/web/20070712221219/http://www.cycleback.com/eddiecollins.html|archive-date=July 12, 2007|url-status=live}}</ref> In 1999, baseball fans named Ruth to the [[Major League Baseball All-Century Team]].<ref>{{cite web|title=All-Century Team final voting|publisher=ESPN. Associated Press|date=October 23, 1999|url=https://static.espn.go.com/mlb/news/1999/1023/129008.html|access-date=May 18, 2014|archive-url=https://web.archive.org/web/20180918174445/http://static.espn.go.com/mlb/news/1999/1023/129008.html|archive-date=September 18, 2018|url-status=live}}</ref> He was named baseball's Greatest Player Ever in a ballot commemorating the 100th anniversary of professional baseball in 1969. The [[Associated Press]] reported in 1993 that [[Muhammad Ali]] was tied with Babe Ruth as the most recognized athlete in America.<ref>{{Cite web |date=May 17, 1993 |title=Most Beloved? It's Hamill, Retton – Tyson Most Hated Athlete, According To Poll |url=https://archive.seattletimes.com/archive/?date=19930517&slug=1701669 |access-date=July 16, 2021 |website=The Seattle Times |agency=Associated Press |archive-date=August 17, 2021 |archive-url=https://web.archive.org/web/20210817215440/https://archive.seattletimes.com/archive/?date=19930517&slug=1701669 |url-status=live}}</ref> In a 1999 ESPN poll, he was ranked as the second-greatest U.S. athlete of the century, behind [[Michael Jordan]].<ref name="topathlete2">{{cite web|url=https://www.espn.com/sportscentury/athletes.html|title=ESPN: Top North American Athletes of the Century|date=September 14, 1999|work=ESPN SportsCentury|publisher=ESPN.com|access-date=February 5, 2013|archive-url=https://web.archive.org/web/20120428232905/http://espn.go.com/sportscentury/athletes.html|archive-date=April 28, 2012|url-status=live}}</ref> In 1983, the [[United States Postal Service]] honored Ruth with a twenty-cent stamp.<ref>{{cite web|title=Babe Ruth|url=http://uspsstamps.com/stamps/babe-ruth|publisher=[[United States Postal Service]]|access-date=May 13, 2014|archive-url=https://web.archive.org/web/20140514014721/http://uspsstamps.com/stamps/babe-ruth|archive-date=May 14, 2014|url-status=live}}</ref> In 2022, ''[[The Sporting News]]'' named Ruth on their "New York Mount Rushmore of Sports".<ref>{{cite news |last1=Gatto |first1=Tom |title=New York's Mount Rushmore of Sports: Babe Ruth, Lou Gehrig, Lawrence Taylor, Walt Frazier voted best of the best |url=https://www.sportingnews.com/us/nfl/news/new-york-mount-rushmore-sports-babe-ruth-lou-gehrig-lawrence-taylor-walt-frazier/mksx1uyhff2bqshrshfln1qb |work=[[The Sporting News]] |date=August 1, 2022}}</ref>
 
Several of the most expensive items of [[sports memorabilia]] and baseball memorabilia ever sold at auction are associated with Ruth. {{as of|2022|May}}, Ruth's 1920 Yankees jersey, which sold for $4,415,658 in 2012 (equivalent to ${{Inflation|US|4.42|2012|r=2}} million in {{Inflation/year|US}}), is the third most expensive piece of sports memorabilia ever sold.<ref>{{cite news |title=Diego Maradona: Argentina legend's 'Hand of God' shirt sells for £7.1m at auction |url=https://www.bbc.co.uk/sport/football/61321555 |access-date=May 5, 2022 |publisher=BBC |date=May 4, 2022 |archive-date=May 5, 2022 |archive-url=https://web.archive.org/web/20220505052536/https://www.bbc.co.uk/sport/football/61321555 |url-status=live}}</ref> The [[baseball bat|bat]] with which he hit the first home run at Yankee Stadium is in ''[[The Guinness Book of World Records]]'' as the most expensive baseball bat sold at auction, having fetched $1.265&nbsp;million on December 2, 2004 (equivalent to ${{Inflation|US|1.265|2004|r=4}} million in {{Inflation/year|US}}).<ref>{{cite news|title=Most expensive baseball bat sold at auction|url=http://www.guinnessworldrecords.com/world-records/most-expensive-baseball-bat-sold-at-auction|access-date=July 1, 2017|publisher=[[Guinness World Records]]|archive-url=https://web.archive.org/web/20170713025652/http://www.guinnessworldrecords.com/world-records/most-expensive-baseball-bat-sold-at-auction|archive-date=July 13, 2017|url-status=live}}</ref> A hat of Ruth's from the 1934 season set a record for a [[baseball cap]] when [[David Wells]] sold it at auction for $537,278 in 2012.<ref name="cap">{{cite news|last1=Boren|first1=Cindy|title=Babe Ruth's jersey, cap bring record prices|url=https://www.washingtonpost.com/blogs/early-lead/post/babe-ruths-jersey-cap-bring-record-prices/2012/05/21/gIQA3UqbfU_blog.html|access-date=July 1, 2017|newspaper=[[The Washington Post]]|date=May 21, 2012|archive-url=https://web.archive.org/web/20180912091938/https://www.washingtonpost.com/blogs/early-lead/post/babe-ruths-jersey-cap-bring-record-prices/2012/05/21/gIQA3UqbfU_blog.html|archive-date=September 12, 2018|url-status=live}}</ref> In 2017, [[Charlie Sheen]] sold Ruth's 1927 World Series ring for $2,093,927 at auction, a record for a [[championship ring]].<ref name="sheen">{{cite news|last1=Rovell|first1=Darren|title=Charlie Sheen's classic Babe Ruth articles fetch nearly $4.4 million|url=https://abcnews.go.com/Sports/charlie-sheens-classic-babe-ruth-articles-fetch-44/story?id=48389483|access-date=July 1, 2017|work=[[ESPN]]|publisher=[[ABC News (United States)|ABC News]]|date=July 1, 2017|archive-url=https://web.archive.org/web/20170701191528/https://abcnews.go.com/Sports/charlie-sheens-classic-babe-ruth-articles-fetch-44/story?id=48389483|archive-date=July 1, 2017|url-status=live}}</ref> The jersey Ruth wore when hitting his "called shot" home run in the [[1932 World Series]], sold in 2024 for $24 million dollars. <ref> {{cite web |url=
https://www.washingtonpost.com/sports/2024/08/25/babe-ruth-called-shot-record-sale/
|last=Boren |first=Cindy |publisher=Washington Post |date=August 25, 2024 |access-date=August 25, 2024}}</ref> It set a new record for a sports collectible.
 
[[File:Babe Ruth Hall of Fame exhibit 2014.jpg|thumb|right|Ruth memorabilia at the [[Baseball Hall of Fame]] (2014)]]