The 1997 Masters flag is the most coveted of all souvenir golf flags. Golf flag collecting was at its infancy when Tiger Woods burst onto the scene by winning the 1997 Masters in dramatic fashion. These coveted 1997 Masters flags once sold consistently at $4000 each - with confirmed sales of $5800 and $5300 at its peak. Unfortunately, the market was then flooded with knock-offs. These fakes are very easy to spot if you know what to look for, but it caused a dip in the prices as collectors unknowingly filled their collections with knockoffs. Over time we expect that market for 1997 Masters flags to creep back up as more of these fakes are exposed.