by Sierra Marlee | April 9, 2017 2:29 pm
Thrift stores are awesome for people looking to buy items for well-below their usual price.
Occasionally people will run across something in their local thrift store that is actually worth quite a bit of money, like a 1950’s Masters Tournament jacket that was purchased for just $5 in Toronto.
The Augusta National Golf Club verified the authenticity of the iconic green jacket, but was unable to determine the owner, as the name patch had been removed from the jacket.
The jacket was allegedly purchased from a thrift store for $5 in 1994, according to the site that held the auction. It is unknown, however, how the jacket actually managed to get to Canada.
Nevertheless, people clamored for the jacket, which is one of the earliest of its kind.
This authentic Masters jacket from the 1950s was found in a Toronto thrift store in 1994. Bought for $5, it sold for $139,349 this morning! pic.twitter.com/W41JefI8C9
— Darren Rovell (@darrenrovell) April 9, 2017
On March 22nd, the bidding opened up at $5,000, a far cry from the measly $5 that was paid for it. In just one day the blazer went from being worth $33,000 to $100,000, shocking many.
Eventually bidding closed with the new owner owing $116,124 for it. However, a 20% “buyer’s premium” is tacked onto the bid, making the total just under $140,000.
Authentic Masters Jacket found in Toronto thrift store & bought for $5 being auctioned off tonight by @BidGreenJacket, currently at $31K pic.twitter.com/RIwfdv8C7Z
— Darren Rovell (@darrenrovell) April 8, 2017
As bizarre as this story seems, it’s actually not the first time something like this has happened.
In December of 2015, a 1960’s Masters jacket was discovered in a pile of clothes at a non-profit store in Houston. It was later sold, but it is not known how much that particular jacket pulled in auction.
Make sure to frequent your local thrift store, because you never know what you might find!
Source URL: https://rightwingnews.com/human-interest/purchased-weird-green-item-thrift-store-5-discovered-sold-nearly-140000/
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