You may or may not recall that a Tiger Woods “backup” putter recently sold for a whopping $393,000 at auction.
That putter was never used by Tiger, not sure if he even fiddled around with it on his incredible putting green complex in the back yard (acreage) of his luxurious Jupiter Island estate.
Now the real deal is coming to auction on a site called: Collectable.
This is the iconic Newport TeI3 Teryllium that Tiger used to win the 1998 U.S. Open at the Olympic Club as well as the BellSouth. Tiger used his “Old Faithful” Scotty Cameron Newport 2 GSS in his 14 other major championship wins.
El Tigre gifted this putter to Buffalo Bills Hall Of Famer Andrew Reed. This is a strange sort of auction. Everyday golf fans can purchased “shares” in the putter. They’re selling in the 30 dollar range. Reed is keeping an equity stake in the putter valued currently at just south of $100,000.
The banter among other sports collectible auction sites is that this putter will trade north of $1,000,000. It would be the most expensive ever piece of golf memorabilia.
And this one is “memorabilia.” It has a dent in the shaft so you can’t go out and hit a few putts with it.
Still, there’s going to be a strong “Bull Market” for this little gem.
2 Comments
baxter cepeda
Can you explain this a little more?
So with 30$ we are buying into a share of tigers putter —currently valued at 1$ million —So the value of the putter would have to go above 1$ mill for our 30$ investment to return a profit?
Owning a piece of the other putter Tiger has won a major with seems super cool.
Also Can you explain how Woods parted ways with this putter?
That’s almost like giving away a major trophy. Maybe worse IMO because the putter has proven itself worthy of championship golf.
Should tiger buy it back? A case can be made.
Tiger cannot be cool the putter is now on the free market. But if it is going to be it’s pretty pretty cool we can own a piece of it.
Tom Edrington
Certainly a different type of auction, one I haven’t seen before….we’ll keep an eye on it