The Masters golf tournament is renowned not only for its challenging course and prestigious competition but also for its exclusivity. Tickets to the event are notoriously hard to come by, available only through an online lottery that must be entered a year in advance. However, there’s an even more exclusive item associated with the Masters: a limited edition garden gnome. These gnomes are sold only in person at the tournament, making them highly sought after and potentially worth thousands of dollars. Their rarity and the difficulty of obtaining them have turned these gnomes into a hot commodity among collectors and golf enthusiasts alike.
QUESTION: How might the exclusivity of items like the Masters garden gnome influence the way people perceive and value collectibles?
Garden gnomes from the Masters can go for over $10,000 on the resale market. This could be the last year they’re made
