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Thrift Store Find Becomes $139K Masters Jacket

Summary

  • A $5 thrift store jacket was sold for $139,349 at auction.
  • Augusta National confirmed the jacket's authenticity from the 1950s.
  • The jacket's unusual journey made it a fascinating memorabilia piece.

In 1994, a golfer discovered an unusual green jacket in a Toronto thrift store, purchasing it for just $5. Over two decades later, this jacket was authenticated by Augusta National Golf Club as an original club jacket from the 1950s. This remarkable find was subsequently sold at auction in Spring 2017 for an impressive $139,349.

The jacket, identified by its Augusta National branding and a tag indicating its 1950s origin, was not a prize awarded to a Masters champion but a club member's garment. Its unique history, from its humble beginnings in a second-hand shop to becoming a significant piece of golf memorabilia, generated substantial interest.

Green Jacket Auctions, which handled the sale, noted a booming interest in golf memorabilia. The auction saw the jacket's price climb from a starting bid of $5,000 to its final sale price after attracting 34 bids. The buyer was identified as a private collector from the United States, marking a significant return on a $5 investment.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.

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Property Code: 5571