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Smith's green jacket sells for nearly $700,000

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The green jacket owned by Horton Smith – who won the inaugural Masters Tournament in 1934 and again in 1936 – was sold at auction on Sunday morning for $682,229.45 with family provenance.

SPECIAL
Horton Smith’s green jacket sold for nearly $700,000 at auction.

It was sold by Green Jacket Auctions, of Denville, N.J. The winning bidder was not identified.

Smith’s jacket, a 43 long, was presumed to be lost, but last month the auction house was contacted by one of Smith’s relatives. The green jacket had been hanging in a closet for decades.

Augusta National Golf Club first awarded the green jacket to Masters champions in 1949, beginning with Sam Snead. At the same time, the club retroactively awarded jackets to the nine former Masters champs that had won the tournament from 1934-1948, including Smith.

This was the first of those jackets, known as the “Original 10,” to be offered for public sale.

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soapy_725
43678
Points
soapy_725 09/09/13 - 05:59 am
1
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Thought all of those jackets remained in the clubhouse? ALL
Unpublished

Thought all of those jackets remained in the clubhouse? ALL

Riverman1
84887
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Riverman1 09/09/13 - 06:16 am
3
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Wasn't there an article not

Wasn't there an article not long ago saying the jackets belong to the ANC and couldn't be sold?

justthefacts
22174
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justthefacts 09/09/13 - 08:11 am
2
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Shoot

Smith probably only got $70 bucks for winning the tourney.

Darby
26005
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Darby 09/09/13 - 11:30 am
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I wouldn't want it.

I just don't look that good in green.

Riverman1
84887
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Riverman1 09/09/13 - 02:54 pm
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From Golf.com, An Important Point

This is a crucial aspect not addressed.

"In February, Dr. Stephen Pyles, a golf memorabilia collector in Florida, tried to sell Art Wall Jr's green jacket believed to be presented to him after winning the 1959 Masters.

The sale, which was supposed to take place through Heritage Auctions in Dallas, was put under a 14-day restraining order in February after a lawsuit was filed by Augusta National Golf Club and ended with a hearing on Monday.

The club filed a lawsuit claiming each green jacket given to Masters winners or club members are property of Augusta National."

So what's the story here?

Read more: http://blogs.golf.com/presstent/2013/03/masters-green-jacket-at-center-o...

Dixieman
15220
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Dixieman 09/09/13 - 08:02 pm
1
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Just like your credit card

Read the back. It says the card isn't yours, it's the bank's, and while you are allowed to use it as long as the bank is content that you do so, you have to surrender it if the bank ever wants it back. Same thing here - jackets are property of Augusta National.

Riverman1
84887
Points
Riverman1 09/10/13 - 04:50 am
0
0
Is the National going to sue?

There has to be a follow-up story. Is the National going to sue?

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