Are you looking for a unique gift this holiday season for that special golfer in your life? Maybe a little something for yourself?
Throw out your shopping budget for this one — Arnold Palmer’s Masters trophy.
The King passed away in September, and as could be expected, memorabilia and autographs from the seven-time major champion have skyrocketed in value.
The price to bring home this jewel of Palmer memorabilia stands at $208,862 as of Monday morning and is expected to rise above $250,000. You can place your bid here through Dec. 12.
According to Green Jacket Auctions, this is one of four Masters trophies belonging to Palmer and it originally was to be in a golf museum along the East Coast. The museum was not built, and the trophy has found its way to the auction block.
Before 1993, when Palmer won four Masters (1958, 1960, 1962, 1964), Augusta National only gave out the famed Green Jacket to the tournament’s winner. But starting in ‘93, they created the trophy that now accompanies the jacket — a 20-pound sterling silver replica of the course’s clubhouse. Winners prior to ‘93 were given trophies retroactively.
The auction house says that the other three trophies given to Palmer are still owned by Arnold Palmer Enterprises.
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