A combination chipper and putter golf club has a club head with a ball putting side surface and an opposing ball chipping side surface. The club head has a bore formed perpendicularly therethrough which receives a tube extension fixed to a hosel short depending shaft. Hosel orientation detents are provided by an opposing pair of detent notches formed into the tube extension lower end which fit onto a raised portion of a plug closing the bottom of the bore. A tension spring installed through the hosel tube extension is rotatably connected between the hosel pivot shaft and the bore bottom plug to hold the hosel tightly to the club head while permitting the hosel to be lifted sufficiently to retract the tube extension detent notches from the plug raised portion so that the hosel can be reoriented 180 degrees relative to the club head according to which chipping or putting surface is to be used. Alternatively hosel detents are formed at the top of the club head for use with the tension spring. In variations, a compression spring and a magnet are used in place of the tension spring.