The Davy Medal is awarded by the Royal Society of London "for an outstandingly important recent discovery in any branch of chemistry".Named after Humphry Davy, the medal is awarded with a gift of £1000. The medal was first awarded in 1877 to Robert Wilhelm Bunsen and Gustav Robert Kirchhoff "for their researches & discoveries in spectrum analysis",and has since been awarded 131 times.The medal is awarded annually, and unlike other Royal Society medals, such as the Hughes Medal, it has been awarded annually without ever missing a year.