Cup tour ambassador and veteran race caller Bryan Martin of Melbourne joined in the celebrations, which included events throughout the region.
Retired jockey John Thomas Anderson, dubbed "The Cup King" for a rash of victories in the late 1950s and early 1960s, also met Martin at the Mary Doyle Retirement Village in Havelock North where he lives.
The 84-year-old, who three times in his life watched the marquee meeting in Flemington in his heyday, never had the opportunity to be there as a rider but thoroughly enjoyed holding the cup on Saturday.
The tour will continue around Australia and New Zealand before returning to Flemington on Tuesday, November 1, for the "race that stops two nations".
The reunion at Sasanof Lodge will be emulated on November 1 at the Victoria Racing Club.
The late Wilfred Gatonby Stead, born in Christchurch but who lived in Flaxmere, owned Bay horse Sasanof, the 3-year-old brown gelding who became only the second Kiwi horse to win the Melbourne Cup before 1916.
Stead is the grandfather of Ann Bary, the mother of Hastings trainer John Bary. The Bary family also will be in Melbourne for the big reunion.