Masters green jacket bought for $5 in thrift store sells for $139K

One of The Masters' iconic green jackets somehow ended up in a Toronto thrift shop. A quarter-century later, it auctioned off for $140,000.

We've all heard the stories about someone who walks into a thrift store and buys an old jacket, and thenfinds a fortune in cash stuffed in hidden pockets.

This is a story about a $5 thrift-store jacketthatauctioned off this weekendfor almost $140,000.

Sound impossible? Not if the jacket in question is an authentic The Masters jacket from Augusta National.

According to the Washington Post, Augusta National officials confirmed the authenticity of the jacket, which dates to the 1950s. But they wouldn't reveal who the owner might have been (the owner's name tagwas cut out).

A very rigorous protocol applies to Augusta's famous green jackets. Of course, the winner of The Masters each year receives a jacket, but may take it off the Augusta National grounds only during the year in which they are the defending champion. Club members also receive a jacket with the Augusta National logo, but may not take their jacket off club grounds.

So how this 1950s-era green jacket ended up in a Toronto thrift store is a mystery. However, itsstatus was no mystery to the buyer; according to the Post, the man is an avid golfer who knew exactly what he had found.

Green Jacket Auctions opened bidding for the jacket at $5,000. The final bid was$139,348.80.

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