Ran into a ticket salesman in a parking not near Augusta National Golf Club. Selling tickets for more than face value is legal here as long as you're at least 1,500 feet away from the site of the event.
The Masters does not sell one-day passes. It sells a four-day badge for a ridiculously low $200. The last year the public had access to the badges was 1972. The more difficult a ticket is to attain, of course, the more valuable it becomes.
The ticket guy in the parking lot sold badges before the tournament for $2,500. He also sells one-day badges. This eans the people to whom he sells have to return them.
Offices set up in stores and hotels try to ensure the badges will be returned by obtaining a credit card number. If you buy the badge for one day, and keep it for four, the office will attempt to charge your credit card.
The guy in the parking lot doesn't do that. He asks for a driver's license or car keys, and he said nobody has stiffed him yet.
He sold a badge to the Masters Thursday for $600 , Friday for $500, Saturday for $400 to $500 and on Sunday he'll sell them for $300.
Business, he said smiling, is very good.