Arnold Palmer trophy sells for $444k

2016 12 Arnold Palmer
Credit: greenjacketauctions.com

• Arnold Palmer Masters trophy sells for whopping $444k
• It's the second-highest price for a piece of golf memorabilia
• Family said to be 'disappointed' it was allowed to go to auction

ARNOLD PALMER | THE MASTERS

One of the four trophies from Arnold Palmer’s Masters wins has sold for the second-highest price in history for a piece of golf memorabilia.


The trophy, which was sold by Green Jacket Auctions, raked in $444,012 – second only to Horton Smith’s 1936 Masters jacket, which sold for $682,229.
"The owners sold the trophy to a third party without notifying the family" - Family Statement

Palmer, who won The Masters in 1958, 1960, 1962 and 1964, had three of his four Masters trophies in possession, but allowed the fourth to be purchased by Bay Creek Resort in Cape Charles, Virginia. The resort featured a Palmer course that opened in 2001.

According to ESPN’s Darren Rovell, the resort intended to build a museum and put it in there but when the resort hit financial troubles, it sold the trophy to a private collector.

Palmer10

Palmer’s family called the decision to put the trophy up for auction as ‘disappointing’ and called on the winning bidder – whose identity has not been revealed – to allow the trophy to be publicly displayed.

“Ultimately, these owners did not build the museum and, instead of sending the trophy to Arnold, the owners sold the trophy to a third party without notifying the family,” the statement said.

“It was always Arnold's intention that this trophy would be placed in an appropriate museum or institution with which he was personally associated.

“We hope that the winning bidder in this auction will allow the trophy to be publicly displayed so that it can be appreciated by fans of Arnold Palmer for years to come.”


Should the Arnold Palmer trophy go on display?


Do you think the winning bidder should do the right thing and let this trophy go on public display as suggested by Arnold Palmer's family? Leave your thoughts in the 'Comments' section below.

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