In our first contest in 1996, 44 countries  with a total of  45 issuing Authorities took part. International Jury awarded  Denmark, Switzerland and Iceland with respectively  the Gold, the Silver and the Bronze award. Each Certificate was accompanied by a painting which is an enlarged copy of the awarded bank note.
 
Enclosed photograph shows Jury Member late Professor 
Dr. Milton Friedman, Nobel Prize Laureate 1976  with Denmark 1000 Kroner note (on the table) which won the Gold Award and  a painting depicting the 5.000 Kroner bank note of Iceland. This note won the Bronze Award. This photograph was taken on the island of Bali  where this painting was produced  by the internationally renowned painter, I Made Sama who is specialized in paper money reproductions.

01.  Gold Award – Denmark  1000 Kroner 

02. Silver Award –  Switzerland 50 francs

03. Bronze Award – Iceland 5000 Kroner