A World Series ring is an award given to Major League Baseball players who win the World Series.
The World Series is the annual championship series of Major League Baseball in North America, contested since 1903 between the American League champion team and the National League champion team.
Major League Baseball is a professional baseball organization, the oldest of the four major professional sports leagues in the United States and Canada.
Red Sox receive World Series rings and raise banner by MLB
Since only one Commissioner's Trophy is awarded to the team, a World Series ring is an individual award that players and staff of each World Series champion team get to keep for themselves to symbolize the victory.
Morse receives World Series ring from Giants by MLB
World Series rings are uniquely commissioned by the winning team each year and presented to deserving players and staff early in the next season.
The rings have been made by companies that include Jostens, Tiffany & Co., Dieges & Clust, and the L.G. Balfour Company.
Founded as the L.G. Balfour Company, Balfour is an operating unit of Commemorative Brands, Inc., a subsidiary of American Achievement Corporation.
Tiffany & Company is an American luxury jewelry and specialty retailer, headquartered in New York City.
Dieges & Clust were jewellers established in 1898 by Col. Charles J. Dieges and Prosper Clust.
The first World Series ring was given to members of the New York Giants after winning the 1922 World Series.
In the 1922 World Series, the New York Giants beat the New York Yankees in five games.
By the 1930s, each winning team gave their players a ring.
Though the ring started off simple, usually containing only one diamond, rings over time have become more elaborate and ornate, with the 2003 World Series ring containing over 200 diamonds.
Diamond is a metastable allotrope of carbon, where the carbon atoms are arranged in a variation of the face-centered cubic crystal structure called a diamond lattice.
In addition to their inherent value, World Series rings also carry additional value as sports memorabilia.
The term sports memorabilia usually refers to a souvenir, memento, keepsake or token of remembrance that is directly connected to a famous athlete, sporting event or personality.
A World Series ring belonging to Casey Stengel sold for $180,000.
Charles Dillon "Casey" Stengel, nicknamed "The Old Perfessor", was an American Major League Baseball right fielder and manager.
Lenny Dykstra's 1986 World Series ring sold for over $56,000 during his bankruptcy proceedings.
The 1986 World Series pitted the National League champions New York Mets against the American League champions Boston Red Sox.
Bankruptcy is a legal status of a person or other entity that cannot repay the debts it owes to creditors.
Leonard Kyle "Lenny" Dykstra, is a former Major League Baseball center fielder.
Other rings sold in auctions have sold for over $10,000 apiece.
Replica rings given to fans have sold for as much as $300.