It would be difficult to imagine a more impressive trophy than the Prince of Wales Cup existing in our country today, its sheer size and beauty is a sight to behold. The cup was superbly crafted from one solid piece of Sterling Silver by D. and J. Wellby Ltd of Garrick Street in London, in 1903. The silver content is 15 kilograms, the distance from handle to handle is 1 metre. Contents wise, the cup can accommodate 53 litres. The valuation placed on the Prince of Wales Annual Challenge Cup by Kozminsky Galleries in $18,000; however, the historical value of such a prize is hard to estimate.
The Prince of Wales Cup 
The Prince of Wales Cup was displayed to Prince Charles, Prince of Wales, Colonel in Chief of the Royal Australian Armoured Corps in April 1981, the occasion of the Presentation of the Standard to the First Armoured Regiment at Puckapunyal.
Competitions were held of the cup between 1906 and 1953.
Dates and names of winning units are as follows:
1906 -1st Australian Light Horse Regiment (New South Wales Lancers), 4th Hawkesbury Sqn. Capt Brinsley Hall.
1910 – 6th Australian Light Horse Regiment (New England Light Horse) 1st Tenterfield 1/2 Sqn. Capt J.M. Reid.
1912 – 6th Australian Light Horse Regiment (New England Light Horse) 1st Tenterfield 1/2 Sqn. Lt M.F. Bruxner.
1928 – 12th Light Horse Regiment (New England Light Horse) Ashford Troop B Sqn. Lt C.C. Nicholls.
1929 – 12th Light Horse Regiment 4 Troop Sabre Sqn Tenterfield. Lt G. Purvis Smith.
1930 – 12th Light Horse Regiment 4 Troop Sabre Sqn Tenterfield. Lt G. Purvis Smith.
1931 – 1/12 Light Horse Regiment 4 Troop Sabre Sqn Kangaroo Valley.
1932 – 2/14th Light Horse Regiment 3 Troop Sabre Sqn Harrisville. Lt H.F. Coppin.
1933 – 1/21st Light Horse Regiment 1 Troop B Sqn Kangaroo Valley.
1934 – 6th Light Horse Regiment 1 Troop A Sqn Parkes
1935 – 7th Light Horse Regiment 2 Troop B Sqn Yass
1936 – 16th Light Horse Regiment (Hunter River Lancers) 3 Troop A Sqn, Denman.
1937 – 12/24th Light Horse Regiment 3 Troop C Sqn Denman.
1938 – 2/14th Light Horse Regiment 1 Troop B Sqn Gatton. Lt J.W. Logan.
1952 – 7/21st Australian Horse 1 Troop B Sqn Griffith
1953 – 2/14th Queensland Mounted Infantry Recce Troop HQ Sqn Brisbane. Lt G. Adamson.
Field Marshall Sir William Slim presenting the Prince of Wales Cup 1953