About to present gold prize, ignoring second (4,2,4)

'prize ignoring second' is the definition.
I don't know anything about this answer so I cannot tell whether this works.

'about to present gold' is the wordplay.
I cannot really see how this works, but
'about' could be 'a' (abbreviation in Chambers) and 'a' is present in the answer.
'present' could be 'give' (synonyms) and 'give' is found in the answer.
'gold' could be 'or' ('or' is the heraldic name for gold) and 'or' is located in the answer.
This may be the basis of the clue (or it may be nonsense).

Can you help me to learn more?