ABC Bullion, a division of precious metals group Pallion, has won the tender from the Victorian Racing Club to manufacture next year’s Cup.
The 18-carat gold trophy is worth $A175,000 and contains 1.65kg of gold and 44 pieces that are hand-spun over a 250-hour production process.
ABC will produce a number of other trophies for the VRC.
“As an Australian company with a rich heritage in locally sourced and produced precious metals, we’re elated to partner with the VRC for this special event on the international racing calendar,” Pallion CEO Andrew Cochineas said.
“We look forward to using our technical expertise in precious metal to produce truly beautiful Melbourne Cups.
“It is a true international treasure that we are very proud to now hold within our production portfolio.”
Affectionately known as the “Loving Cup”, the trophy’s three handles symbolise the relationship between the winning jockey, trainer and owner and its timber base is hand-turned from Australian Black Wattle.
ABC is Australia’s largest independent bullion dealer.