The Ping Gold Putter Vault was created in 1975 to recognize Ping putter wins by tour professionals. For every tour win with a Ping putter, two gold-plated replicas of the winning model are made. One is given to the tournament champion and the other is placed in the vault.
To commemorate major championship victories, a solid gold putter is given to the tournament champion.
The solid gold putter will soon be presented to Bubba Watson to commemorate his win at the Masters Tournament last year.
“This is 18-karat gold,” Chance Cozby, PING’s vice president of sports development, said about the club. “It’s very heavy.”
The club is the exact model and specification Watson used to win the tournament and engraved on its face are the words, “Bubba Watson, the Masters Champion 2014.”
Cozby said the vault now has more than 2,700 gold clubs, with names such as Lee Westwood and Seve Ballesteros engraved on them.
The price of each club varies on how much gold is used and Cozby said the gold putters for major victories can be quite pricey.
“We’re looking at $20,000 to $30,000 worth of gold,” he said.
“They’re pretty pricey, everybody probably follows the price of gold (and) it’s gone up quite a bit,” he said.
“But in the whole scheme of things, it’s a great accomplishment with our product.”
Cozby said the company is hoping to present Watson with the putter at the start of this year’s Masters Tournament in Augusta, Ga. on April 9.