Abstract

Using the Hubble space Telescope Fine Guidance Sensor, we have measured the trigonometric parallax of the bright cataclysmic variable 1223 Sgr. The absolute parallax is πabs = 1.96 ± 0.18 mas, making V1223 Sgr the most distant CV with a well-determined trigonometric parallax. This distance, a Lutz-Kelker correction, and the previously measured extinction yield an absolute visual high-state magnitude MV = 4.0 ± 0.2. We outline a model, which is consistent with the observed spin-down of the white dwarf and provides for much of the UV/optical emission by reverberation of X-rays. From previous X-ray and UV/optical data, we derive an accretion luminosity Lacc = (2.6 ± 0.8) × 10 34 erg s −1 , a white dwarf mass M1 = 0.93 ± 0.12 M� , and an accretion rate u M = (1.4 ± 0.3) × 10 17 gs −1 ,

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