At $340,000, Gehrig watch is a big hit for Laguna Niguel auction house

To celebrate winning their second consecutive World Series in 1928, Gehrig and his Yankees teammates were given custom commemorative wristwatches at the beginning of the 1929 season.

The watch presented to Gehrig, engraved “Henry L. Gehrig” on the side, recently was sold by Laguna Niguel memorabilia auction house SCP Auctions for $340,200.