The key to answering your properly and accurately lies specifically in the year the photo was produced and what the image depicts. For example, a vintage photo of Ruth in his New York Yankees uniform would be worth considerably more than an image of him hunting or in street clothes. Photos depicting a seminal event or year in his storied career such his 714th homerun, "The Called Shot" or a picture dating to a milestone season, such as 1927, would also carry a premium in terms of desirability to collectors and value. Pre-1920 photos depicting Babe in a Red Sox uniform and/or pitching would also command a significant premium. Other significant factors in terms of value would be condition, quality, clarity and tone, size, and above all else... is it original to the era versus a more-modern reprint? Photos produced after Ruth's death have little interest to collectors and are readily available. Any original vintage photo depicting Ruth is worth at least $25, and those depicting in his prime - $150, and more. Fine portraits and images of key events can fetch several hundred dollars.
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