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The Ascot Gold Cup was first run in 1807 and a three-year-old, Master Jackey, with only 96 pounds in the saddle, led Hawk and Miss Coiner to the wire. Master Jackeys share of the spoils was ,050. The American-hred and owned Flares won the same race in 1938 and his share of the spoils was 8,000. For complete history of the race see page 330, 1939 Edition of THE AMERICAN RACING MANUAL ! "cl?,llt,"l,