<!-- wp:html --><p>Tiger Woods is presented with the green jacket after winning the 2019 Masters at Augusta National.</p>
<p class="copyright">Augusta National via Getty Images</p>
<p>The Masters tournament — founded in 1934 — is one of four major championships in pro golf.<br />
Since 1949, each winner of the tournament has been presented with a green jacket.<br />
The winner who receives one of the iconic jackets is only allowed to keep it for a year — then it has to be returned.</p>
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<div class="slide-title">The first Masters was won by Horton Smith in 1934. He wasn't awarded a green jacket at the time, but he did get one when the iconic jacket became a tradition. It would later be sold for $682,000 in 2013</div>
<div class="slide-image">For his victory at the tournament Smith (right) reportedly received $1,500 in prize money.
<p class="copyright">Associated Press</p>
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<div class="slide-title">In 1949, Sam Snead was the first champion to receive a green jacket, and the tradition has continued in every Masters tournament since then.</div>
<div class="slide-image">Snead (left) can be seen shaking hands with fellow Masters champion Ben Hogan after Snead won the 1954 Masters.
<p class="copyright">Associated</p>
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<div class="slide-content"></div>
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<div class="slide-title">The single-breasted, three-button, green blazers have been made by Cincinnati-based Hamilton Tailoring Co. since 1967, but the company is very secretive about the partnership.</div>
<div class="slide-image">Jack Burke Jr. won the 20th Masters tournament in 1956 by one stroke.
<p class="copyright">Associated Press</p>
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<div class="slide-title">According to PGA.com, the cost to make one of the jackets is estimated at $250, but neither Augusta National Golf Club nor Hamilton Tailoring has confirmed the price tag.</div>
<div class="slide-image">Tom Watson won the 1977 Masters and was presented with the jacket by previous winner Raymond Floyd.
<p class="copyright">Peter Dazeley/Getty</p>
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<div class="slide-title">Although there are champions who have won the Masters many times, like six-time winner Jack Nicklaus, they're only awarded one green jacket.</div>
<div class="slide-image">In 1987, Nicklaus (left) presented Masters winner Larry Mize as part of the tradition that the prior champion crowns the winner after them.
<p class="copyright">Associated</p>
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<div class="slide-title">At a ceremony, the winner is presented with the jacket of an Augusta club member and receives his own made-to-order jacket a month later, NBC Sports reports.</div>
<div class="slide-image">Bernhard Langer won his green jacket at the 1993 Masters.
<p class="copyright">Curtis Compton/AP</p>
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<div class="slide-title">Only the current champion is permitted to take his green jacket away from the grounds of Augusta National, and then only for the year of his victory tour.</div>
<div class="slide-image">Tiger Woods won his first Masters by twelve strokes in 1997 at the age of 21.
<p class="copyright">Bill Waugh/</p>
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<div class="slide-title">"(Augusta National doesn't) like us talking too much about this sort of thing. It's a club of highly disciplined people who like to keep certain things private. It adds to the mystique," Ed Heimann of Hamilton Tailoring once told The Enquirer.</div>
<div class="slide-image">Jordan Spieth is presented with his green jacket by previous winner Bubba Watson after winning the Masters in 2015.
<p class="copyright">Andrew Redington/Getty</p>
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<div class="slide-content"></div>
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<div class="slide-title">Augusta National's strict rules about keeping green jackets weren't always in place, so some earlier champion jackets have been auctioned off to collectors.</div>
<div class="slide-image">Sergio Garcia of Spain wears his green jacket while holding the Masters trophy after winning the 2017 Masters in Augusta.
<p class="copyright">Thomson Reuters</p>
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<div class="slide-content"></div>
</div>
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<div class="slide-title">Only three champions, including Smith, have had their jackets sold. The jacket of Doug Ford, the 1957 victor, was sold for $62,000 by a company formerly known as Green Jacket Auction.</div>
<div class="slide-image">Tiger Woods puts on the green jacket after winning his fifth Masters in 2019.
<p class="copyright">CBS</p>
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<div class="slide-content"></div>
</div>
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<div class="slide-title">Previous champions are allowed to wear their jackets during the Masters, but they must be returned to a cedar closet in the clubhouse once festivities end, per Bleacher Report.</div>
<div class="slide-image">Scottie Scheffler dons the green jacket after winning the Masters in 2022.
<p class="copyright">AP Photo/David J. Phillip</p>
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<div class="read-original">Read the original article on <a href="https://www.businessinsider.com/masters-green-jacket-cheap-mystery-impossible-buy-2023-4">Business Insider</a></div><!-- /wp:html -->
Tiger Woods is presented with the green jacket after winning the 2019 Masters at Augusta National.
Augusta National via Getty Images
The Masters tournament — founded in 1934 — is one of four major championships in pro golf.
Since 1949, each winner of the tournament has been presented with a green jacket.
The winner who receives one of the iconic jackets is only allowed to keep it for a year — then it has to be returned.
The first Masters was won by Horton Smith in 1934. He wasn’t awarded a green jacket at the time, but he did get one when the iconic jacket became a tradition. It would later be sold for $682,000 in 2013
For his victory at the tournament Smith (right) reportedly received $1,500 in prize money.
Associated Press
In 1949, Sam Snead was the first champion to receive a green jacket, and the tradition has continued in every Masters tournament since then.
Snead (left) can be seen shaking hands with fellow Masters champion Ben Hogan after Snead won the 1954 Masters.
Associated
The single-breasted, three-button, green blazers have been made by Cincinnati-based Hamilton Tailoring Co. since 1967, but the company is very secretive about the partnership.
Jack Burke Jr. won the 20th Masters tournament in 1956 by one stroke.
Associated Press
According to PGA.com, the cost to make one of the jackets is estimated at $250, but neither Augusta National Golf Club nor Hamilton Tailoring has confirmed the price tag.
Tom Watson won the 1977 Masters and was presented with the jacket by previous winner Raymond Floyd.
Peter Dazeley/Getty
Although there are champions who have won the Masters many times, like six-time winner Jack Nicklaus, they’re only awarded one green jacket.
In 1987, Nicklaus (left) presented Masters winner Larry Mize as part of the tradition that the prior champion crowns the winner after them.
Associated
At a ceremony, the winner is presented with the jacket of an Augusta club member and receives his own made-to-order jacket a month later, NBC Sports reports.
Bernhard Langer won his green jacket at the 1993 Masters.
Curtis Compton/AP
Only the current champion is permitted to take his green jacket away from the grounds of Augusta National, and then only for the year of his victory tour.
Tiger Woods won his first Masters by twelve strokes in 1997 at the age of 21.
Bill Waugh/
“(Augusta National doesn’t) like us talking too much about this sort of thing. It’s a club of highly disciplined people who like to keep certain things private. It adds to the mystique,” Ed Heimann of Hamilton Tailoring once told The Enquirer.
Jordan Spieth is presented with his green jacket by previous winner Bubba Watson after winning the Masters in 2015.
Andrew Redington/Getty
Augusta National’s strict rules about keeping green jackets weren’t always in place, so some earlier champion jackets have been auctioned off to collectors.
Sergio Garcia of Spain wears his green jacket while holding the Masters trophy after winning the 2017 Masters in Augusta.
Thomson Reuters
Only three champions, including Smith, have had their jackets sold. The jacket of Doug Ford, the 1957 victor, was sold for $62,000 by a company formerly known as Green Jacket Auction.
Tiger Woods puts on the green jacket after winning his fifth Masters in 2019.
CBS
Previous champions are allowed to wear their jackets during the Masters, but they must be returned to a cedar closet in the clubhouse once festivities end, per Bleacher Report.
Scottie Scheffler dons the green jacket after winning the Masters in 2022.
