Oil on canvas, 30” x 40”
Signed, dated 1896
$30,000. – 40,000.
Coney Island Jockey Club
Kentucky Governor’s Mansion, Frankfort, KY, The Race Continues, May–October 2012
Headley Whitney Museum, Lexington, KY, April–June 2013
When William Scott purchased French-bred champion Rayon d’Or as a stallion prospect in 1882, the $40,000 price tag seemed exorbitant. By the end of the decade, Rayon d’Or had sired three of the most notable racers of the 1880s in Banquet, Tenny, and Chaos. Scott’s Algeria Stock Farm recouped the entire $40,000 investment made in Rayon d’Or when Chaos took the Futurity Stakes of 1889. The Futurity Stakes’ inaugural running in 1888 was the richest race ever run on American soil, boasting a purse of $40,900. The $54,500 purse offered for the second running of the Futurity Stakes was won by Chaos and singlehandedly covered Rayon d’Or’s purchase price.
William Lawrence Scott was a United States congressman who also sat on the board of the Coney Island Jockey Club.