The trophy is a reward for a specific achievement, and usually afterwards serves as proof of merit. They are most often awarded with sporting events. These range from youth sports through professional level athletics. Often, the reward of the trophy is not simply in winning it; rather, those who win it cherish the legacy that also comes with the trophy.
A loving-cup trophy is a common variety of trophy; it is a cup shape, usually on a pedestal, with two or more handles, and is often made from silver or silver plate.