Lard shafts are exceptionally visual collectibles with hundreds of
holes hand drilled in a six sided steel shaft. Because they were
one of the earliest steel shafts commercially produced, Lard-shafted
clubs are also quite historic. Spalding sold these clubs 8 years
before the USGA ruled that steel shafts conformed to the rules of golf.
Complete with its original leather wrap grip and original whipping
atop the hosel, this 39" Spalding gold medal mid iron is a solid example in all respects.
This perforated shaft was covered under two patents issued in 1916
to Allan Lard. Spalding offered the club in its 1918 and 1919 catalogs.
Spalding promoted Lard's metal shafts as a substitute for the best
hickory shafts, which were in short supply. Drilling out the metal to
create the hundreds of holes in the shaft was necessary to bring the
shaft to a decent
weight. Ironically, with top quality hickory shafts in short supply, a shortage of
steel during World War 1 interrupted the production of Lard's steel
TCA2 Vol 2, p 658-659