AN ENGLISH SILVER AND ENAMEL SPEEDBOAT TROPHY, GOLDSMITHS & SILVERSMITHS CO. LTD., LONDON, 1929
one side chased with a motorboat below applied enameled flags for the United Kingdom and the Canadian Commonwealth, the other side with presentation inscription below Thomas Lipton's Shamrock racing flag, with winged caryatid handles, the cover with winged figure of Victory
marked on body and cover, stamped on base Goldsmiths & Silversmiths Co. Ld., 112 Regent St. W.
height 25¼ in.
The Lipton flag with small loss to enamel and ding to silver rim. A few minor dings to body. Otherwise good condition.
In response to your inquiry, we are pleased to provide you with a general report of the condition of the property described above. Since we are not professional conservators or restorers, we urge you to consult with a restorer or conservator of your choice who will be better able to provide a detailed, professional report. Prospective buyers should inspect each lot to satisfy themselves as to condition and must understand that any statement made by Sotheby's is merely a subjective qualified opinion.
NOTWITHSTANDING THIS REPORT OR ANY DISCUSSIONS CONCERNING CONDITION OF A LOT, ALL LOTS ARE OFFERED AND SOLD "AS IS" IN ACCORDANCE WITH THE CONDITIONS OF SALE PRINTED IN THE CATALOGUE.
The inscription reads "Presented by Sir. Thomas J. Lipton, Bart. K.C.V.O. to the National Yacht Club of Toronto for competition Outboard Hydroplane Races Canadian National Exhibition Regatta 1929."
Sir Thomas Johnstone Lipton (1848-1931), 1st Baronet, KCVO, established a chain of grocery markets across the United Kingdom and created the Lipton tea brand. As an avid yachtsman, he challenged the American holders of the America's Cup through the Royal Ulster Yacht Club five times between 1899 and 1930 with his yachts, Shamrock through Shamrock V. His well-publicized efforts to win the cup earned him a specially designed cup for "the best of all losers" and made his tea famous in the United States. Lipton was inducted into the America's Cup Hall of Fame in 1993. He bequeathed the majority of his fortune to his hometown of Glasgow, including his yachting trophies, now on display at the Kelvingrove Art Gallery and Museum.