Known as the Postage Stamp, the hole is the shortest used for The Open but the fiendish bunkers surrounding its narrow green have caused no end of problems over the years.
Fifty years after he had failed to come through qualifying at Troon for The Open of 1923, Sarazen made light of the lurking dangers by finding the hole with a five-iron in round one.
His ace sparked a joyous reaction and convinced Sarazen it was the right time to bow out of competitive golf.
"When the crowd roared and I realised the ball was in the hole, I felt there was no better way to close the books on my tournament play than to make a hole-in-one on the Postage Stamp and call it quits," he said.
He did just that the following day, but not before he holed from a bunker for a two at the same hole.
The winner of the Championship was another American, Tom Weiskopf, who went wire-to-wire in an immaculate display. Watch the Official Film from 1973 here.