The bat like the one you've pictured is one of the tougher "black bats" (yes, I know that one is brown, but most are black, hence the common term. Heritage Auctions sold one a mid-grade example in October 2007 for $1,315, but pristine examples can sell for hundreds more. The 1937 model is brown as well, then they're black from then on. I've always thought they were undervalued, honestly, as most sell for under $1,000, and often well under that figure. Oddly, one of the toughest is the 1991 Twins, which typically sells for over a grand. Don't ask me why...
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