Jacket owned by Masters winner sells for $682,229

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By AP

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Updated: Mon, 09 Sep 2013 10:16:16 EST

AUGUSTA, Ga. (AP) — A green jacket owned by the golfer who the inaugural Masters Tournament in Augusta in 1934 has sold at auction for nearly $700,000. The jacket was given to Horton Smith, who won the tournament again in 1936. The Augusta Chronicle reports (http://bit.ly/1fQqYiC) that the jacket sold at an auction Sunday for $682,229.45. The jacket was sold by Green Jacket Auctions of Denville, N.J. The winning bidder was not identified. Smith's jacket, a 43 long, was presumed to be lost, but last month the auction house was contacted by one of Smith's relatives. The green jacket had been hanging in a closet for decades. ___ Information from: The Augusta Chronicle , http://www.augustachronicle.com

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