Babe Ruth's 1923 World Series championship pocket watch, for decades thought to be lost to history, is coming to a New York City auction, where it's expected to fetch at least $750,000. The timepiece most identified with Major League Baseball's most famous player, Babe Ruth, is going up for auction next month after it had been considered long lost. "It changed the culture and Babe Ruth's the ultimate leader of that team." "It was the beginning of what's become the most dominant dynasty in American sports," said Chris Ivy, director of sports auctions at the Dallas-based auction house. It was a pivotal year for the franchise, as it moved into Yankee Stadium and won its first of 27 World Series championships. It remained with Fern for decades until it was sold privately in 1988 to the current owner, a major East Coast sports collector who kept it in a safe deposit box.