The Royal Award for Modern Painting is an incentive award that was created to encourage talented young painters who are active in the Netherlands in their artistic development. The Award was instituted in 1871 by HM King William III. After King William III it was continued by Queen Emma, Queen Wilhelmina, Queen Juliana and Queen Beatrix. They turned this into a true royal tradition. King Willem-Alexander has continued this tradition by presenting the Award in the Royal Palace Amsterdam.
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