This item is an authentic Masters Augusta National Hat/Cap.  It is light gray with pink lettering encircling the BLAZING and ICONIC Masters logo.  The adjustable strap in the back is composed of classic hook and loop fasteners.  There is a slight blemish on the top of the hat bill (please see photos).  There are also signs of wear on the inside liner that presses against the forehead (please see photos).  This cap is BEAUTIFUL and is in excellent condition despite the few small blemishes.