 There is evidence that trophy presentations were sporadically made between 1876 and 1924.In 1924, Matt Winn, who was the president of Churchill Downs at the time commissioned a standard design from artist George L. Graff for the 1925 50th "Golden Anniversary" of the Derby.Outside of the jeweled embellishments that were added to note special Derby anniversaries in 1949 (75th), 1974 (100th), and 1999 (125th), only one change has been made to the original design.