Named for New York Yacht Club member Ogden Goelet , (1846-1898) the Goelet Cup Race was a:

principle competition to see which yachts would become the leading contenders to defend the America’s Cup each season, the Goelet Cup Races off Newport Road Island were an annual event of the New York Yacht Club and invited competitors. The first was held in 1882, and they raced for a perpetual trophy held by the Club, and annual custom trophy cups designed by Tiffany & Co. of New York with a $1,000 prize for the winning sloop and schooner. (1.)

print details, recto: remarque shows a buoy engraved at lower left corner within plate impression

1. Vallejo Gallery (CA) website accessed Dec., 2014