A golf club including a club head having an upright golf ball striking face and an elongated upright cavity formed into an upper surface of the club head and being positioned in close proximity to the striking face. A separate hosel sized for close fitting insertion into the cavity has a height greater than the depth of the cavity so that the hosel extends above the cavity after mechanical securement of the hosel within the cavity for viewing prominence and interchangeability. The hosel also has a diagonally upwardly extending hole for receiving and lockably supporting a distal lower end of the club shaft, the axis of the hole selectively oriented at an acute angle rearwardly with respect to a bottom surface of the club head to establish a lie angle of the golf club.