Thursday, November 21, 2013

What exactly does a Nobel Prize winner get?

The achievement of winning a Nobel Prize, the nomination and election, is imaginably the most valuable and personally satisfying portion of the award. Besides from the recognition itself, the Nobel has other parts to the award. Nobel Laureates are granted with a large monetary prize, a diploma, and a golden medal. All three are handed to the winner personally by His Majesty the King of Sweden on the day of the ceremony, December 10th. Each diploma is a unique work of art and each award- granting institution decides on the design of the diploma for the year´s winner. The diplomas often include a drawing, the name of the winner and a caption that explains the merit being recognized.
All of the medals have a side that bears the face of Alfred Nobel along with his date of birth and death. The other side of the medal varies depending on the category of the prize. The design of the metals has not changed since 1902. 
In his will, Alfred Nobel stated that he was to leave the majority of his estate ( approximately SEK 1,702 million) for the investment of safe securities. The income of such was to be "distributed annually in the form of prizes to those who during the preceding year have conferred the greatest benefit on mankind."(Nobel) The amount for the 2013 award is set at Swedish Kronor and the amount is 8.0 million per prize. If the prize is awards to a group of people, the amount shall be distributed in equal parts. 


 This is the Golden Medal awarded to Nobel Laureates. 

Citations: 
 "The Nobel Diplomas". Nobelprize.org. Nobel Media AB 2013. Web. 24 Nov 2013. <http://www.nobelprize.org/nobel_prizes/about/diplomas/>
"The Nobel Medals and the Medal for the Prize in Economic Sciences".Nobelprize.org. Nobel Media AB 2013. Web. 23 Nov 2013. <http://www.nobelprize.org/nobel_prizes/about/medals/>
"The Nobel Prize Amounts". Nobelprize.org. Nobel Media AB 2013. Web. 24 Nov 2013. <http://www.nobelprize.org/nobel_prizes/about/amounts/>
Picture: 
Nobel Medal. N.d. Photograph. Nobelprize.org. Nobelprize.org. Web. 24 Nov. 2013. <http://www.nobelprize.org/nobel_prizes/about/medals/>.





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