A World Series ring is an award given to Major League Baseball players who win the World Series. 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. World Series rings are uniquely commissioned by the winning team each year and presented to deserving players and staff early in the next season.[1] The rings have been made by companies that include Jostens, Tiffany & Co., Dieges & Clust, and L.G. Balfour Company.
The first World Series rings were given to members of the New York Giants after winning the 1922 World Series.[2] By the mid-1920s, 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. In addition to their inherent value, World Series rings also carry additional value as sports memorabilia. A World Series ring belonging to Casey Stengel sold for $180,000. Lenny Dykstra's 1986 World Series ring sold for over $56,000 during his bankruptcy proceedings. Other rings sold in auctions have sold for over $10,000 apiece. Replica rings given to fans have sold for as much as $300.
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