By Supplied, on 06-Jun-2010

The 1960 centenary Melbourne Cup won by rank outsider Hi Jinx  sold on June 6 for $82,000 hammer, $98,400 (including buyers premium) against a top estimate of $60,000-80,000 at Lawson-Menzies newly introduced quarterly fine interiors auction in its Sydney gallery at 12 Todman Avenue, Kensington.

 The three-handled nine-carat gold “Loving Cup”, (lot 101) designed by James Steed in time for the 1919 race won by Artilleryman and still in use today, is one of the world’s most identifiable sporting trophies.

The field contained Tulloch, a turf icon widely regarded as one of the three finest horses in Australian history, which finished an unlucky seventh.