How much for Curt Schilling's bloody sock?

As I predicted on Twitter in July, Curt Schilling's monetary woes associated with his failed video game enterprise could force him to sell the famous bloody sock from the 2004 World Series, according to The Boston Globe.

It's a tremendous piece of memorabilia that has been in the Baseball Hall of Fame for years. The blood, produced from a sutured tendon in his foot, symbolized the fight for the Boston Red Sox to finally win a title for the first time in 86 years.

Schilling has considered selling the item in the past, first in February 2005. At the time, a Red Sox collector I interviewed said he would bid on it and that he expected the price to soar north of $600,000. Others told me that number was light and that the sock could draw bids above $1 million.

Every time I interviewed Schilling, including earlier this year when he spoke optimistically about his now-defunct video game company, he said he was leaning toward keeping it. Now he might not have a choice. Riddled with debt from lenders, there's a good chance this is one of the biggest money-raising items he owns.

Will the numbers from years ago hold if the sock went to auction today? Some will say it's such a unique piece of baseball history and you just need two bidders to really want an item for it to reach unexpected heights. But critics will say that the luster has worn off and that the magic of 2004 has less meaning since the Red Sox won the World Series again three years later.