Lot Essay
The trophies donated by New York Yacht Club member Ogden Goelet (1846-1898) were some of the most elaborate of the period. In 1882, Goelet initiated an annual award of $1,000 for a cup for schooners and $500 for a cup for sloops, for the races off Newport, Rhode Island. Three other Goelet Cups for sloops are known, two at the New York Yacht Club and the other at the Museum of the City of New York (see Carpenter, Tiffany Silver, 1978, figs. 43 and 243 and David B. Warren et al, Marks of Achievement 1987, fig. 190, p. 155.) A Goelet Cup for schooners was sold in these Rooms, June 17, 1992, lot 13.