Lipton, Sir Thomas J.

Famed yachtsman, 5-time unsuccessful America’s Cup challenger; created Lipton Tea Company

Price: $40.00

Description:
(1848-1931) Scottish-born merchant who created the Lipton tea brand. A noted yachtsman, he was the most persistent, yet unsuccessful, challenger in the history of the America's Cup. In 1864 he was a cabin boy on a Glasgow-Belfast steamer and was captivated by life aboard ship. He spent 5 years working and traveling all over the US. In 1871 he opened his first provision shop, Lipton's Market, in Glasgow. He soon established a chain of groceries, first across Glasgow, the rest of Scotland, and finally throughout Britain. In 1888, when his empire had grown to 300 stores, he entered the tea trade and opened his tea-tasting office. He bypassed traditional trading and wholesale distribution channels to sell teas at unprecedented prices to the untapped poor working class market. He bought plantations and established the Lipton tea brand, still in existence today. His company purchased tea from Ceylon (now Sri Lanka) and distributed it through Europe and the US. In 1902 he was created a Baronet. King Edward VII and King George V both shared their interest in yachting with Lipton and enjoyed his company. He unsuccessfully challenged US holders of the America's Cup through the Royal Ulster Yacht Club 5 times between 1899 and 1930 with his yachts Shamrock through Shamrock V. His well-publicized efforts to win the Cup earned him a specially designed cup for "the best of all losers", and made his tea brand famous all over the US. He was inducted into the America's Cup Hall of Fame in 1993. Before the first Football World Cup was held in 1930, Lipton donated the Sir Thomas Lipton Trophy contested in 2 international tournaments in Turin in 1909 & 1911. He assisted medical voluntary organizations during WW I and put his yachts at the disposal of The Red Cross, the Scottish Women's Hospitals Committee, and other groups for transport of doctors, nurses and medical supplies. He left the majority of his fortune to the City of Glasgow, including his yachting trophies on display at the Kelvingrove Art Gallery and Museum. Autograph Sentiment ("Faithfully yrs") Signed on 2 1/2 x 4 1/2 card.

Condition: Very good, light mount remnants verso
Type:Autograph Sentiment Signed






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