Replacing the Waterford Crystal that has been given out since 1982 is a sterling silver and 24k gold vermeil trophy, custom-designed by Tiffany & Co. The trophy is modeled after the PGA Tour logo that has become synonymous with the Players. The swinging golfer is placed atop the iconic No. 17 island green at TPC Sawgrass. Looking into the trophy, the carefully designed texture of the water around the peninsula and the signature Pete Dye pilings are evident. Designers made the trophy using 3D technology and a luxe precious metal layering process called electroforming.