By: Tucker Harrington

Baseball fans looking to get a part of the game's history for their collection may have just hit the jackpot. The Associated Press reports legendary Baltimore Orioles pitcher Jim Palmer has recently decided to put his recognition awards up for auction.

According to the news outlet, the former pitcher is set to auction off his three Cy Young Awards as well as two of his four Golden Gloves trophies.

The Baseball Almanac reports the Cy Young Award was former league commissioner Ford Frick's idea to honor the best pitcher in major league baseball. The honorees of the award are all selected by the Baseball Writers Association of America.

Palmer, who won three of the awards in 1973, 1975 and 1976 respectfully, is currently a TV analyst for the Orioles and did not say if he is selling the awards due to financial hardships, the AP reports. He did, however, offer a few reasons behind the decision to sell these prized trophies now.

"At this juncture of my life, I would rather concern myself with the education of my grandchildren," Palmer said on his reasoning, according to the news outlet. "I also have a stepson, [15-year-old] Spencer, who is autistic and will need special care for the rest of his life. My priorities have changed."

A portion of the profits from the auction will go to the autism project of Palm Beach County.

The bidding will be conducting by Hunt Auctions and sports enthusiasts looking to get their hands on one of these prestigious awards can do so by going to the company's website or calling the business directly through July 8. The live auction in which the three Cy's and the two Golden Gloves will be sold, will take place on July 10.

"Certainly, when you talk about Cy Young Awards and Gold Gloves, these are the elite level of personal awards," David Hunt, president of Hunt Auctions told the news source.

Hunt added he expects the Cy Young Award trophies to go for between $60,000 and $80,000 each, with the Golden Gloves receiving bids of up to $15,000.

Palmer told Yahoo! Sports he's selling the Golden Gloves because they don't go with his wife's decor in their home.

"Gold doesn't go with my wife's design," Palmer jokingly told the news outlet. "She has a design shop for women's wear in Palm Beach, and she doesn't do gold."

The AP reports Palmer isn't the first Hall of Famer to auction off their awards – the great Joe DiMaggio and Ted Williams have also sold off some of their prestigious sports trophies.