Masters Gnomes a Hot Commodity at Augusta National Amid Speculation This Is Final Year of Production
- On Friday, bidding for the Masters Tournament gnome reached $620 on eBay with two days remaining, while Facebook Marketplace listings hit $800, driven by speculation this may be the final year of production.
- Augusta National Golf Club produces 1,000 gnomes daily, retailing for $59.50, with purchases limited to one per patron; the collectible sells out within hours, creating scarcity that fuels resale demand.
- John Van Pay and his son, Bryce Van Pay, waited in line at 7 a.m. to secure their gnomes; Bryce plans to keep his as a souvenir, calling it "a great piece of memorabilia."
- Augusta National Golf Club Chairman Fred Ridley addressed the gnome's future on Wednesday, keeping the mystery alive: "I've been asking that question for several years, and they won't tell me the answer."
- The Masters is expected to generate $70 million in total merchandise sales this week, with fans like John James viewing the gnome as a financial offset after spending more than $1,000 in the gift shop.
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The Masters is back — and so is the merch
Gnomes are everywhere at the Masters Tournament in Augusta, Georgia.Augusta National/Getty ImagesThis post originally appeared in the BI Today newsletter.You can sign up for Business Insider's daily newsletter here.Back in full swingThe Masters kicked swung off earlier this week in Augusta, Georgia, marking the unofficial start of golf season.And while many are tuned in to see if the favorite, Scottie Scheffler, will win the coveted green jacket…
Gnomes a hot commodity at Masters amid speculation it could be its final year of production
Patrons are lining up at Augusta National to secure a limited edition Masters gnome. This year marks the 10th and possibly final year of the gnome's release, making it highly sought after.
Masters gnomes a hot commodity at Augusta National amid speculation this is final year of production
Patrons are lining up at Augusta National to secure a limited edition Masters gnome. This year marks the 10th and possibly final year of the gnome's release, making it highly sought after.
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