The Golf Auction.com is pleased to announce today that the Masters medal given to Lloyd Mangrum by the Augusta National to recognize his accomplishment as the runner-up in the 1940 Masters has been consigned. It has been consigned to The Golf Auction for its internet based auction house. The auction for the medal closes on November 22. This very exclusive item of Masters history joins the 1941 Champions medal of Craig Wood as the only other cherished Masters medal to go to public auction. The Wood medal drew high five figure hammer prices at auction. Kenley Matheny, president of The Golf Auction, expects this item to draw active bidding interest. As stated by Mr. Matheny, "the scarcity of contestant medals combined with the collectability of Masters memorabilia makes this item a cherished item among our advanced golf collector base which has challenged us to come up with this type of material".
The original find of the ten (10) carat Mangrum 1940 Masters medal was made by Larry Brooks of New Mexico. Mr. Brooks hit the lottery of golf memorabilia purchasing the priced treasure for $5.00 in an old Callaway golf bag found at a thrift sale. Contained at the bottom of the bag was the approximate one (1) ounce, 1 ¾ inch diameter medal. The front of the medal is inscribed with the words Augusta National Golf Club and shows a detailed raised etching of the clubhouse. The reverse of the medal contains the inscription Masters Tournament and "Lloyd Mangrum", "runner-up", "1940" and "10k". The 1940 Tournament was the seventh time the event had been contested and marked only the third year in which it was known as the Masters Tournament.
Mr. Matheny noted,"it is a dead match with the 1941 Craig Wood medal in size, and attention to detail on both font size of wording and depiction of the Augusta National clubhouse". Matheny, recently with the help of the USGA museum, also completed a detailed study of Ben Hogan's Masters medals on display at the USGA museum. The runner up medals were made out of silver after 1951, this medal is 10 k gold, and is from 1940. Mangrum playing in his first Masters in 1940, earning runner-up honors to Jimmy Demaret, carded a record 64 in his first round to set the course record. This was the start of a great run of golf in the majors for Mangrum who would finish in the top ten in ten consecutive Masters and go onto win the 1946 U.S Open as highlights to his Hall of Fame career.
In light of Mangrum's distinguished career and the significance of Masters memorabilia in the world of golf collectibles, the Golf Auction is proud to feature the 1940 Masters medal in their auction which opens for bidding on November 12. The Golf Auction specializes in a wide variety of items including vintage clubs and balls, autographed memorabilia, and other treasures from the top courses of the world. The medal can be viewed at www.thegolfauction.com and any questions regarding the medal can be forwarded to Kip Ingle at (770) 883-1131. Please call (813) 340-6179 to discuss consigning or to register to bid in the November auction.
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