Times of India·2 min read·easy

Golfer paid $5 for green jacket; it later sold for $139,349

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Golfer paid $5 for green jacket; it later sold for $139,349
✦AI Summary

A golfer purchased a vintage Augusta National club jacket at a Toronto thrift store for $5 in 1994. The item was later authenticated and sold at auction for over $139,000.

Why it matters

The story illustrates the high value of sports memorabilia and the rarity of finding authentic historical items in secondary markets.

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A golfer was browsing through a Toronto thrift store when he came across a green jacket. The item looked interesting, and he knew this was an unusual find. It was priced at $5, so he bought it anyway.More than two decades later, the same jacket was sold for $139,349 at auction after Augusta National Golf Club confirmed that it was an authentic club jacket dating to the 1950s, Global News reported.The jacket was later known as a ‘thrift-store Masters jacket’, an unusual piece of golf memorabilia offered by Green Jacket Auctions in 2017.A $5 findAn avid golfer and a member of the Canadian media discovered the jacket while browsing through a Toronto second-hand shop in 1994. He recognised the Augusta National branding and decided to buy it. He paid just $5 for the jacket, unaware of just how valuable it could eventually become.

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sportsculture
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