Golf: Tiger Woods' irons sell at auction for more than US$5M

Tiger Woods won the "Tiger Slam" using the Titleist 681-T irons. SCREENGRAB: GOLDEN AGE AUCTIONS WEBSITE

HOUSTON (REUTERS) - The set of irons Tiger Woods used to win four consecutive major tournaments sold at auction for nearly US$5.16 million (S$7.04 million)- a record price for golf memorabilia.

Woods won the "Tiger Slam" - the US Open, The Open Championship and the PGA Championship in 2000 and the Masters in 2001 - using the Titleist 681-T irons.

Golden Age Auctions put the clubs up for auction on March 23 with an opening bid of US$25,000, and the auction closed just before midnight on Saturday (April 9).

The sale of Horton Smith's green jacket in 2013 for US$682,000 had been the largest sale of golf memorabilia. Horton won the first Masters in 1934 and repeated two years later.

There is no word on who the buyer was but the clubs were sold by Todd Brock, a private equity investor from Houston.

Brock bought the irons in 2010 for US$57,242, and he said the proceeds from the sale will go to his foundation. The clubs came with detailed documents to verify their authenticity.

"I've had them for 12 years now, and I haven't told anybody that I owned them.

They were in a really nice frame in my office and I'm not an investor in memorabilia, so nobody was seeing the irons," Brock told ESPN.

"I've had the opportunity to see these for 12 years and it's like a Rembrandt, where somebody takes it to their castle and it's never seen again. I felt blessed that I got to hang out with them and look at them, but it's time for somebody else to do something bigger and better with them."

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