Well, this is one of the most curious prizes I've ever seen, and it's not the prize in itself but the background it carries that makes it so unique.
First of all the Reino de Redonda(Redonda Kingdom) is ficticious. The supposed island, Redonda has a monarchic government, Xavier I, who is no other than Spanish writer Javier Mar?as. Since he took the vaccant throne in 1997 Marias has conferred titles during his reign mainly to writers and directors.
Since 2001 he has awarded this prize to non Spanish speakers who have helped and contributed with knowledge or exposure to the Spanish language/culture. It is judged by the the dukes and duchesses from Redonda Kingdom. The prize has been awarded to important personalities in the cultural world: 2001 John Maxwell Coetzee (Duke of Deshonra); 2002 John H. Elliott (Duke of Simancas); 2003 Claudio Magris (Duke of Segunda Mano); 2004 Eric Rohmer (Duke of Olalla); 2005 Alice Munro (Duchess of Ontario); 2006 Ray Bradbury (Duke of Diente de Le?n); 2007 George Steiner (Duke of Girona); 2008 Umberto Eco (Duke of la Isla del D?a de Antes); 2009 Marc Fumaroli (Duke of Houyhnhnms).
This year's winner is Czech novelsit Milan Kundera, now Duke of Amarcord.
Now what it's interesting and gives the prize validity is the personalities that judge the award. This year the people in charge to vote were:
Pedro Almod?var, Ant?nio Lobo Antunes, John Ashbery, Antony Beevor, Michel Braudeau, A S Byatt, J M Coetzee, Agust?n D?az Yanes, Roger Dobson, Sir John Elliot, Marc Fumaroli, Pere Gimferrer, Claudio Magris, Eduardo Mendoza, Ian Michael, Alice Munro, Orham Pamuck, Arturo P?rez-Reverte, Francisco Rico, Ian Robertson, Fernando Savater, Mario Vargas Llosa, Luis Antonio de Villena y Juan Villoro.