The Ultimate Participation Trophy was released in 2022 in a collaboration between American art collective MSCHF and jewelry brand Tiffany & Co. The edition of 100 trophies was numbered in purchase order: the first person to buy the trophy received 1st place, the second buyer got 2nd place??but the bulk of trophies were simply labeled ??participant.??
Tiffany & Co. produces almost all the iconic American sports trophies, from the Super Bowl to the Kentucky Derby. The MSCHF collaboration subverts that history into The Ultimate Participation Trophy, a trophy that is specifically not for winners. The trophy is handcrafted from sterling silver, with a marble and steel base.