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Prizes

The $300 first place money for the first American Chess Congress was refused by Morphy.  Instead, he accepted a silver pitcher, four goblets, and a silver tray.  He defeated Stanley in a match, giving odds of pawn and move.  Morphy gave the $100 prize money to Stanley's wife and children.  As a mark of gratitude, she named her next daughter Pauline. At Paris, 1867, 1st prize was a vase worth 5,000 francs and presented to the winner by the Emperor Napoleon III.  It wasn't until the 1890 Steinitz-Gunsberg world championship match that the loser took a share of the prize money.  The first place prize for the winner of the Tarrasch-Mieses match in 1916 was a half-pound of butter.   At the same time in a metropolitan event in New York, the winner was given a keg of schmaltz herring.  When Fischer won the world championship, he got $250,000.  This amount exceeded the sum total of awards presented for all previous 27 title matches held since 1886. When Spassky won the world championship three years earlier, he only got $1,400.  That was less than the first official world championship match between Steinitz and Tchigorin, with Steinitz receiving $2,000. The largest tournament prize fund was $500,000 for the 2005 HB Global Chess Challenge.  In a tournament in Ohio in 1983, the profit of the event went to the Ohio Nuclear Weapons Freeze campaign.  In 1845 the first place prize for the U.S. Championship was $1,000.  Hundred and fifteen years later in 1960 the first place prize for the U.S. Championship was still $1,000.  In a blitz tournament with Nimzovich and Hans Kmoch playing, first place was three shirts.  Hans Kmoch won them.

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