1991 Kentucky Derby Trophy strides for the Finish Line at Palm Beach Auction!

PRLog (Press Release) - Jun. 8, 2012 - (West Palm Beach, Florida) The Kentucky Derby Trophy is horse racing’s most desired prize, and on Monday, June 25th, horse racing’s “Run for the Roses” will be sold at auction in West Palm Beach, Florida. Auction Gallery of the Palm Beaches Inc. will sell at public auction the 1991 Kentucky Derby Trophy won by Calumet Farms “Strike the Gold”. The trophy from the Palm Beach Estate of B. Giles Brophy is certainly the gallery’s most recognized lot to be offered to date. Gallery president Brian Kogan commented that “having the trophy for auction is like having a very special and one of a kind jewel. There is only one trophy made for the breeders of the horse and no additional copies are made.” The auction will take place at 6 pm at the gallery’s premises at 1609 South Dixie Highway, Suite 5, West Palm Beach.

The Kentucky Derby Trophy is believed to be the only solid gold trophy awarded annually to the winner of an American sporting event. It is a created from a brick of 14 kt. Gold and the horse and jockey finial is of 18 kt. The solid gold trophy is made by the New England Sterling the trophy weighs 62 ounces and is 16 ¾” h. . To complete the trophy by April, craftsmen begin the process during the fall of the previous year and literally work hundreds of hours. The entire trophy is handcrafted with the exception of the horse and rider that are both cast from a mold. The horseshoe, fashioned from 18-karat gold, had pointed downward on each of the trophies since 1924. Strike the Gold went on to place third at the Belmont that same year and had a racing career with winnings over 3.5 million before being sold to the Jockey Club of Turkey for breeding. The trophy is estimated at $100,000-150,000.

Additionally, the auction will include a selection of English, American, European, and Oriental Antiques, English, American, and Chinese Sterling Silver; Fine Art, Bronzes, Ivories, Chandeliers/Sconces, and Jewelry from estates and individuals in South Florida and the Palm Beaches. Over 350 lots will be offered including Lot 325, an Impressive English George IV Sterling Salver by Robert Garrard London 1816, 20 ¾’ diameter and weighing (126 oz.); Lot 319, a late 19th century French Fountainbleu Porcelain Figural Clock adorned with a standing almost 30” high classical lady with wreaths and bocages of exotic flowers.; Lot 295, a superb Chinese White Jade vase with cover subtly carved with rooster mask; Lot 263, a 284 piece Coalport China Service in the “Hong Kong” pattern; Lot 224 a Natural Yellow Fancy 2.4 cts. Diamond Ring; and Lot 76 an American 18th Century Mahogany Chippendale Inlaid Extension Dining Table, and Lot 154 a 1947 Seeburg Symphonola Jukebox.

Auction Gallery of the Palm Beaches Inc. is recognized as one of the first to sell at auction on-line in 2003. Over the past nine years the gallery has become recognized as the leader in the selling of estates in Palm Beach and South Florida. The gallery preview will begin on Wednesday, June 20th and run daily from 10am to 5pm. Telephone, Absentee, and Live Internet Bidding is available for bidders with established credit. Please visit our website at http://www.AGOPB.com for details or email the gallery at info@agopb.com. For condition reports please contact Mr. Leslie Baker or Mr. Brian Kogan at 561-805-7115.