No saying the stories are true or not, but if they are accurate think about all the bars and taverns that closed in 1920 with prohibition, tons of sports related material that was sitting behind bars must have been tossed in the trash when they shut down. Plus, after a generation, who would have recalled who Bugs Raymond was anymore? He wasn't Ty Cobb or Honus Wagner. Another thing too, if he did this as often as the stories said he did, how many were simply tossed to a neighborhood kid to use in a game? Back then I'd venture to guess that a baseball, a real good baseball, was worth more to a kid by putting it to use than sticking it in his sock drawer.
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