This is considered used because it comes from an Estate Sale. America's Cup 1988 - The most prestigious regetta and match race in sailing! The america's cup is now named after the 1st yacht to win the trophy, the schooner America. The trophy remained in the hands of the New York Yacht Club of the United States from 1852 or 1857 (when the trophy was donated to the club) until 1983 when the cup was won by the challanger, Australia 11 of Australia, ending the longest winning streak in the history of the sport. The lapel pin is made of metal and is square shaped. It is a red, blue, and gold color. It depicts the sails of a yacht. Own a bit of that History today!! Look!