The Woodlawn Vase, worth $1 million, is one of the most valuable trophies in all of American sports. Designed in 1860 by Tiffany & Co., the Woodlawn Vase is on-site at the Preakness Stakes each year, though the owner of the winning horse keeps only a $30,000 replica. Following the Preakness Stakes horse racing event, the Woodlawn Vase returns to the Baltimore Museum of Art, where it remains on display all year.