Mercury Prize £25,000. The winner also receives an additional winner's trophy. To date, PJ Harvey is the only artist to have won the award on more than one occasion (in 2001 and 2011). She was also the first female solo artist to receive the award. Alex Turner has received five nominations as a member of Arctic Monkeys and The Last Shadow Puppets, winning once. Thom Yorke has 6 nominations, 5 with Radiohead and one for "The Eraser", but has never won. The Mercury Prize can have a considerable effect on sales for those artists who are shortlisted. Elbow saw a 700% sales
Ho-Am Prize Ho-Am Prize The Ho-Am Prize (호암상, 湖岩賞, literally "lake and rock award") is a Korean annual award awarded to "domestic/abroad ethnic Korean who have made outstanding contributions to the development of science and culture and enhancement of the welfare of mankind" Awarded since 1991, it is funded by Samsung and named after their former chairman, Lee Byung-chul (Ho-Am is his pen name which means "filling up a space with clear water as lakes do, and being unshakeable as a large rock"). The award consists of a 6 oz gold medal, a laureate diploma, and 300 million Korean won (approximately $265,000