Nobel Prize inseparable from winner but medal can be given away, award body says

Published
2
A replica of the Nobel Peace Medal is placed at the Norwegian Nobel Institute, where the laureate of the Nobel Peace Prize is announced, in Oslo, Norway, on October 10, 2025. — Reuters/File
A replica of the Nobel Peace Medal is placed at the Norwegian Nobel Institute, where the laureate of the Nobel Peace Prize is announced, in Oslo, Norway, on October 10, 2025. — Reuters/File

The Nobel Peace Prize remains inseparably linked to the person or organisation that won it, though the medal can be given away, the Norwegian Nobel Committee said on Friday, a day after last year’s winner gave her medal to US President Donald Trump.

Venezuelan opposition leader Maria Corina Machado gave her medal on Thursday to Trump, who thanked her for it. The White House released a photo of Trump and Machado, with Trump holding up a gold-coloured frame displaying it, and a White House official said Trump intends to keep it.

Machado’s award also consists of a diploma and 11 million Swedish crowns ($1.19 million).

“Regardless of what may happen to the medal, the diploma, or the prize money, it is and remains the original laureate who is recorded in history as the recipient of the prize,” the award body said in a statement.

“There are no restrictions in the statutes of the Nobel Foundation on what a laureate may do with the medal, the diploma, or the prize money. This means that a laureate is free to keep, give away, sell, or donate these items,” it added.

‘Inseparably linked’

The medal and the diploma are physical symbols confirming that an individual or organisation has been awarded the prize, said the five-strong award committee.

“The prize itself the honour and recognition remains inseparably linked to the person or organisation designated as the laureate by the Norwegian Nobel Committee,” it said.

The committee, which did not refer to Trump and Machado by name in its statement, said it does not comment on a laureate’s statements, decisions or actions after the prize is announced.

It was not the first time a Nobel laureate has given away the medal. In 1943 Nobel literature laureate Knut Hamsun gave his to Nazi propaganda minister Joseph Goebbels.

In 2022, Nobel Peace laureate Dmitry Muratov sold his medal for $100 million to raise money for the UN children’s fund UNICEF to help Ukrainian refugee children.

In 2024, the widow of former UN Secretary-General Kofi Annan donated his 2001 Nobel Peace Prize medal and diploma to the UN office in Geneva.

Opinion

Editorial

Fixing bond markets
Updated 01 Oct, 2026

Fixing bond markets

Pension funds, insurance companies, mutual funds, retail investors, and eventually, foreign investors must become bigger participants in the market.
Call centre rackets
01 Oct, 2026

Call centre rackets

A NUMBER of recent raids conducted by the authorities in different cities point to the growing threat fraudulent ...
Homeward bound
01 Oct, 2026

Homeward bound

FIVE months after Somali pirates captured an oil tanker carrying a 19-member multinational crew, Somali maritime...
Kashmir unresolved
Updated 30 Sep, 2026

Kashmir unresolved

The just solution lies in India addressing the issue through a trilateral dialogue involving the legitimate representatives of the Kashmiri people and Pakistan.
Water shortage
30 Sep, 2026

Water shortage

THAT the country is entering the Rabi season with an anticipated water shortage of nearly 25pc, the lowest carryover...
Young hearts
30 Sep, 2026

Young hearts

THE observance may have passed, but the message of World Heart Day should not fade with it. The occasion is a useful...