Green Jacket Auctions has filed a lawsuit against Augusta National Golf Club over the rights to its business name. Green Jacket, which has conducted about 30 online golf memorabilia auctions since its founding in 2006, faces the loss of its internet domain following a December decision by a panel of the Uniform Domain Name Dispute Policy. Last year, Augusta National … [Read more...]
Judge Stops Sale of Green Jackets
A federal judge stopped the sale of some high-priced golf memorabilia after a federal lawsuit was filed by Augusta National Golf Club. Bidding for Byron Nelson's Masters green jacket as well as two other member jackets had been slated to close over the weekend but on Thursday, a judge went along with the club's request that Green Jacket Auctions pull the plug. The club … [Read more...]
Notes: Stefano Joins Goldin; Dying Babe Sends Baseballs; Green Jacket Dispute
Goldin Auctions has named sports marketing and collectibles industry veteran Jim Stefano its new Director of Marketing and Business Development. The move allows Stefano to return to his New Jersey roots after spending four years as Senior Director of Product Development at Panini America in Texas. Previous to that he spent five years at Access Sports Media in New York … [Read more...]
Arnold Palmer Masters Trophy Becomes 2nd Highest Priced Golf Item
A Masters Trophy presented retroactively to Arnold Palmer sold at auction for $444,012 early Sunday. It’s second only to Horton Smith’s 1936 Masters jacket among the most expensive pieces of golf memorabilia ever sold at auction. Green Jacket Auctions sold the trophy, which has an odd story. The “clubhouse trophies” were created for Masters champions in 1993 and … [Read more...]
Green Jacket Auctions Signs Reality TV Deal
Think American Pickers meets Pawn Stars meets golf memorabilia and the auction industry. A new golf network debuting at the end of September on DIRECTV will include a golf memorabilia reality series as part of its original programming. Back9Network, described as a ‘golf lifestyle’ network, will launch September 29 with nearly 1,100 hours of original programming in its … [Read more...]
Auction Roundup: 1st Masters Champ Jacket Brings $682,229; Wilt Warriors Jersey $78,000
It had been handed down through family members since the first Masters Champion’s death nearly 50 years ago, finally resting in a closet. Early Sunday morning, a Green Jacket awarded to Horton Smith for his 1934 and 1936 wins at Augusta became the most expensive piece of golf memorabilia ever sold at auction. The jacket, which was actually awarded in retroactive … [Read more...]
Green Jacket from First Masters Winner Uncovered; Up for Bid
The Green Jacket presented to the winner of the first-ever Masters Tournament in 1934 has been located and is up for bid, appropriately enough, at Green Jacket Auctions. Bidding began on Wednesday for the Jacket, presented to Horton Smith 15 years after he was victorious at Augusta. As of Sunday night, it had already surpassed $60,000 with 12 days remaining. Nearly every … [Read more...]