It was the first of 14 lots that are part of Heritage’s Sam Snead Collection. It was offered by the family of Snead, who died in 2002 and is the PGA Tour’s all-time victory leader with 82, including seven majors.
The first lot of the Sam Snead Collection brought in $1,106,868, highlighted by Snead’s 1946 British Open claret jug, which sold for $262,900.
Snead’s son, Jack, said the proceeds would likely go to charity.
The 1954 Masters was the final of Snead’s three titles at Augusta National Golf Club. He shot 2-under-par 70 to beat Ben Hogan by a shot in an 18-hole playoff for the green jacket.