John F. Nash, Jr.'s 1994 Nobel Prize in Economic Sciences

Four typed letters to, or concerning, John F. Nash Jr.: Letter signed by the Secretary General of the Royal Swedish Academy of Sciences, Prof. Carl-Olof Jacobson, 2 pages (11 5/8 x 8 1/4 in.; 295 x 212 mm) on Kungliga Vetenskapsakademien | The Royal Swedish Academy of Sciences letterhead, Stockholm 11 October 1994, beginning "Hereby I have the honour and pleasure to confirm in writing that the Royal Swedish Academy of Sciences has decided to award you … the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel for 1994 for your pioneering analysis of equilibria in the theory of non-cooperative games. …"; accompanied by the original mailing envelope — Letter signed by Executive Director of the Nobel Foundation, Michael Sohlman, 1 page on Nobelpriset | The Nobel Prize letterhead, Stockholm, 12 December 1994, being an outline of the provisional settlement of prize monies due to Nash, less an advance and nonreimbursable expenses (SEK 2,135,583), countersigned by Nash — 2 versions of a photocopied letter by Carl-Olof Jacobson to the Nobel Foundation, in Swedish, each 1 page, Stockholm, 13 October 1994, the one with an English translation of the text printed at the bottom ("At its meeting on October 11, 1994, the Royal Swedish Academy of Sciences decided to award the Bank of Sweden Prize in Economic Sciences … jointly to Professor John C. Harsanyi, Dr. John F. Nash and Professor Reinhard Selten. … Therefore kindly disburse to Dr. Nash the prize amount payable to him or two million three hundred and thirtythree thousand three hundred and thirtythree (2,333,333) Swedish kronor."), the other with a receipt line printed at the bottom ("Advice of receipt of gold medal and diploma. Stockholm, December 12, 1994"), which has been signed by Nash. [also accompanied by:]

Four typed letters to, or concerning, John F. Nash Jr.: Letter signed by the Secretary General of the Royal Swedish Academy of Sciences, Prof. Carl-Olof Jacobson, 2 pages (11 5/8 x 8 1/4 in.; 295 x 212 mm) on Kungliga Vetenskapsakademien | The Royal Swedish Academy of Sciences letterhead, Stockholm 11 October 1994, beginning "Hereby I have the honour and pleasure to confirm in writing that the Royal Swedish Academy of Sciences has decided to award you … the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel for 1994 for your pioneering analysis of equilibria in the theory of non-cooperative games. …"; accompanied by the original mailing envelope — Letter signed by Executive Director of the Nobel Foundation, Michael Sohlman, 1 page on Nobelpriset | The Nobel Prize letterhead, Stockholm, 12 December 1994, being an outline of the provisional settlement of prize monies due to Nash, less an advance and nonreimbursable expenses (SEK 2,135,583), countersigned by Nash — 2 versions of a photocopied letter by Carl-Olof Jacobson to the Nobel Foundation, in Swedish, each 1 page, Stockholm, 13 October 1994, the one with an English translation of the text printed at the bottom ("At its meeting on October 11, 1994, the Royal Swedish Academy of Sciences decided to award the Bank of Sweden Prize in Economic Sciences … jointly to Professor John C. Harsanyi, Dr. John F. Nash and Professor Reinhard Selten. … Therefore kindly disburse to Dr. Nash the prize amount payable to him or two million three hundred and thirtythree thousand three hundred and thirtythree (2,333,333) Swedish kronor."), the other with a receipt line printed at the bottom ("Advice of receipt of gold medal and diploma. Stockholm, December 12, 1994"), which has been signed by Nash. [also accompanied by:] John F. Nash Jr.'s Nobel identification badge reading Dr. John F. Nash | Economics with a medallion portrait of Alfred Nobel (1 1/4 x 3 1/2 in.; 31 x 90 mm). [also accompanied by:] John F. Nash Jr.'s copy of the 1994 Nobel Prize yearbook: Les Prix Nobel The Nobel Prizes 1994: Nobel Prizes, Presentations, Biographies, and Lectures. Stockholm: Norstedts Tryckeri for the Nobel Foundation, 1995. In 8s (9 1/2 x 6 1/4 in.; 242 x 160 mm). Numerous photographic portraits and diagrams. Publisher's white boards. A Note on The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel While the Nobel Prize for outstanding work in peace, chemistry, physics, medicine, and literature has been awarded since 1901 with funds provided for in the will of Alfred Nobel, the prize for economics was not created until 1968, and first awarded in 1969. It was established by the Swedish Central Bank (the Sveriges Riksbank), the oldest central bank in the world, in honor of Alfred Nobel, to celebrate the bank’s three hundredth anniversary. Although the Swedish Academy of Sciences elects the winners using the same criteria as the Nobel Prize, the funds for the economics prize (eight million Swedish kronor, approximately $950,000) do not come from Nobel’s endowment, but are provided by the Riksbank.  The design for the medal was created by the Swedish painter, sculptor, and medalist Gunvor Svensson Lundqvist (1916−2009). While she is credited with having made more than a hundred medals and exhibited her work at a number of Fédération Internationale de la Médaille d’Art (FIDEM) Congresses, she is most well known for her modeling of this medal.  The reverse design is a freely rendered interpretation of the emblem of the Royal Swedish Academy of Sciences which was adopted in 1815. The surfaces of the medal are dimpled to create the impression of hammered metal. According to her obituary on the FIDEM website, the medal was created “in a hurry since the Royal Swedish Academy of Sciences had forgotten that they had to make a new medal for the prize. Gunvor Svensson Lundqvist just had a few days to do the modelling.” Like all Nobel medals struck since 1980, Nash’s is made from 18 carat green gold and plated with 24 carat gold. While the medals for the other five categories are struck to a weight of 175 g, the weight of the medal for the prize for economic sciences is set at 185 g (6.52 ounces). The Nobel Prize in Economic Sciences is awarded—with those for Physics, Chemistry, Physiology or Medicine, and Literature—on the festival day of the Nobel Foundation, December 10, the anniversary of the death of Alfred Nobel. The award ceremony takes place at the Stockholm Concert Hall, and each Laureate in these five disciplines receives a medal, a diploma, and a document confirming the amount of his or her financial award from the hand of the King of Sweden. John Nash was given his Nobel by Carl XVI Gustaf, who has occupied the throne since his ascension in 1973. (The Nobel Peace Prize is presented on the same day by the Chairman of the Norwegian Nobel Committee at the Oslo City Hall, in the presence of the King of Norway.)

gold medal by gunvor svensson lundqvist, sveriges riksbank till alfred nobels minne 1968 (the swedish central bank in memory of alfred nobel 1968), head of alfred nobel left above crossed cornucopiae, in field right (incuse): g/sl (gunvor svensson lundqvist), reverse, kunglica vetens kapsakademien (the royal swedish academy of sciences), arms of sweden superimposed on five-pointed star (the north star) with incuse rays emanating; edge engraved j. f. nash mcmxciv, and stamped with marks: mv (myntverket [royal mint]) — c (eskilstuna [citymark]) — three crowns [swedish assay office] — 18k — u10 [1994]; weight: 185 g.; diameter: 2 5/8 in.; 66 mm. virtually as struck; housed in the original red morocco case of issue, the top of the case gilt with a border of double dot-fillets, cornerpieces of nobel’s surname initial, and the recipient’s name (j. f. nash) in the center; the fitted interior lined with suede and satin, the interior case edges with gilt dentelles. [accompanied by:] john f. nash jr.'s nobel prize diploma: 2 leaves of paper (each 13 x 8 1/4 in.; 329 x 206 mm) laid down in a honey-brown crushed morocco binding, the right-hand leaf with polychrome watercolor and gilt calligraphic inscription in swedish by annika rücker, signed by carl-olof jacobson of the royal swedish academy of sciences; the left-hand leaf with a watercolor still life of apples by bengt landin; the binding with beveled boards, the covers with a gilt double-fillet frame and a central gilt stylized cornucopia on the front cover, executed by goran rietz and ingemar dackeus of the knut hassler bokbinderi. the diploma contained in its original gray cloth folding-box lined with suede pigskin and housed in the original blue velvet attaché case gilt-lettered nobelpriset the nobel prize. [also accompanied by:]

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