most underrated famous literary prizes and awards

While many literary prizes like the Nobel Prize in Literature and the Booker Prize often capture global attention, there are several lesser-known awards that deserve more recognition for their contributions to the literary world. These underrated prizes honor diverse voices and genres, often highlighting works that might otherwise be overlooked by mainstream audiences.

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One such underrated award is the International Dublin Literary Award, formerly known as the International IMPAC Dublin Literary Award. This prestigious prize boasts one of the largest monetary rewards for a single novel, yet it doesn’t receive the same level of media attention as other major awards. The prize is notable for its inclusive and democratic nomination process, where libraries from around the world can nominate books, ensuring a broad and diverse range of entries. Another overlooked gem is the Lambda Literary Awards, which celebrate LGBTQ+ literature across various genres, bringing much-needed visibility to voices that are often marginalized. Additionally, the Neustadt International Prize for Literature, awarded biennially, is another significant yet underappreciated award. Often dubbed the "American Nobel," it honors a writer's entire body of work rather than a single piece, and its jury is composed of international writers, ensuring a global perspective. These awards play crucial roles in enriching the literary landscape, and their contributions merit greater acknowledgment.

  • Dylan Thomas Prize
    Dylan Thomas Prize

    Dylan Thomas Prize - Prestigious literary award for young writers.

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  • Bad Sex in Fiction Award
    Bad Sex in Fiction Award

    Bad Sex in Fiction Award - Award for poorly written sex scenes in literature.

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  • PEN/Faulkner Award for Fiction
    PEN/Faulkner Award for Fiction

    PEN/Faulkner Award for Fiction - Prestigious American literary award for outstanding fiction writing.

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  • Women’s Prize for Fiction
    Women’s Prize for Fiction

    Women’s Prize for Fiction - Celebrating excellence in women's literature globally.

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  • International Dublin Literary Award
    International Dublin Literary Award

    International Dublin Literary Award - Prestigious global literary award for exceptional novels.

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  • Neustadt International Prize for Literature
    Neustadt International Prize for Literature

    Neustadt International Prize for Literature - Global literary award recognizing outstanding authorship.

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  • Stoker Award
    Stoker Award

    Stoker Award - Prestigious horror writing award by Horror Writers Association.

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  • Costa Book Awards
    Costa Book Awards

    Costa Book Awards - Prestigious UK literary awards celebrating various book categories.

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  • T.S. Eliot Prize
    T.S. Eliot Prize

    T.S. Eliot Prize - Prestigious literary award for poetry collections.

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  • Goldsmiths Prize
    Goldsmiths Prize

    Goldsmiths Prize - Celebrating innovative, groundbreaking fiction.

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most underrated famous literary prizes and awards

1.

Dylan Thomas Prize

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The Dylan Thomas Prize is a prestigious literary award established in 2006, named in honor of the renowned Welsh poet Dylan Thomas. It is awarded annually to the best published literary work in the English language, written by an author aged 39 or under, reflecting Thomas's own prolific career. The prize celebrates innovation and outstanding talent in fiction, poetry, and drama, with a significant cash award intended to support and encourage young writers globally.

Pros

  • pros prestigious recognition
  • pros monetary reward
  • pros career boost
  • pros increased visibility
  • pros networking opportunities

Cons

  • conshigh competition
  • cons pressure to perform
  • cons limited eligibility
  • cons subjective judging
  • cons geographical restrictions

2.

Bad Sex in Fiction Award

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The Bad Sex in Fiction Award is an annual literary prize established in 1993 by the British magazine *Literary Review*. It aims to draw attention to poorly written, redundant, or crude descriptions of sex in modern fiction. The award seeks to discourage authors from including unnecessary or poorly executed sexual content in their work. By highlighting these passages, the award serves as a humorous critique, promoting higher standards in literary depictions of sexual encounters.

Pros

  • pros Unique brand identity
  • pros Generates publicity
  • pros Encourages better writing
  • pros Entertaining for readers
  • pros Highlights literary flaws.

Cons

  • consEmbarrassment for authors
  • cons Negative press
  • cons May deter creative risks
  • cons Subjective judging
  • cons Can overshadow book's other merits.

3.

PEN/Faulkner Award for Fiction

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The PEN/Faulkner Award for Fiction is a prestigious literary prize established in 1980 by the writers’ group Washington Writers Publishing House. Named after American authors William Faulkner and the PEN American Center, the award recognizes outstanding works of fiction by American authors. Each year, it honors a winner and four finalists, celebrating excellence and creativity in contemporary literature. The award aims to promote the best of American fiction and support the careers of accomplished writers.

Pros

  • pros Prestigious recognition
  • pros Boosts author reputation
  • pros Increases book sales
  • pros Encourages diverse voices
  • pros Celebrates American fiction

Cons

  • consLimited to American authors
  • cons Highly competitive
  • cons Can overshadow smaller awards
  • cons Subjective judging
  • cons Limited public awareness

4.

Women’s Prize for Fiction

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The Women’s Prize for Fiction is a prestigious literary award established in 1996 to celebrate and honor the best full-length fiction written by women in English. Open to authors worldwide, it aims to spotlight exceptional storytelling and amplify female voices in literature. The award, which has gained significant acclaim, provides a platform for both established and emerging writers, promoting gender equality in the literary world and inspiring readers with diverse, powerful narratives.

Pros

  • pros Promotes female authors
  • pros celebrates diversity
  • pros boosts book sales
  • pros enhances literary reputation
  • pros supports gender equality.

Cons

  • consLimited to female authors
  • cons potential bias
  • cons overshadowed male authors
  • cons competitive pressure
  • cons genre constraints.

5.

International Dublin Literary Award

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The International Dublin Literary Award is a prestigious literary prize presented annually for a novel written in or translated into English. Established in 1994 and sponsored by Dublin City Council, it offers one of the richest purses in the literary world, with a €100,000 prize. The award celebrates literary excellence and promotes global literature, with nominations submitted by public libraries worldwide, ensuring a diverse and inclusive selection of outstanding works from emerging and established authors alike.

Pros

  • pros Prestigious recognition
  • pros High monetary prize
  • pros Global exposure
  • pros Encourages literary excellence
  • pros Diverse cultural representation.

Cons

  • consLimited genre scope
  • cons High competition
  • cons Language barriers
  • cons Niche audience
  • cons Submission fees.

6.

Neustadt International Prize for Literature

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The Neustadt International Prize for Literature is a prestigious literary award established in 1970 by the University of Oklahoma and World Literature Today. Often referred to as the "American Nobel," it recognizes outstanding literary achievements across genres and international boundaries. Awarded biennially, the prize includes $50,000, a silver replica of an eagle feather, and a certificate. The Neustadt Prize is notable for its global scope and its emphasis on literary quality and humanistic values.

Pros

  • pros Global recognition
  • pros Prestigious award
  • pros Diverse winners
  • pros Monetary prize
  • pros Promotes literature.

Cons

  • consLimited public awareness
  • cons Regional biases
  • cons Subjective selection
  • cons Language barriers
  • cons Less media coverage.

7.

Stoker Award

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The Bram Stoker Award, established by the Horror Writers Association (HWA) in 1987, honors superior achievement in horror writing. Named after the iconic author of "Dracula," it celebrates excellence across categories including novels, short stories, and screenplays. The award, featuring a statuette of a haunted house, is a prestigious accolade in the horror genre, recognizing both established and emerging writers for their contributions to the field.

Pros

  • pros Increased credibility
  • pros Enhanced visibility
  • pros Networking opportunities
  • pros Boost in readership
  • pros Marketing leverage

Cons

  • consHigh competition
  • cons Subjective judging
  • cons Entry fees
  • cons Potential controversy
  • cons Limited categories

8.

Costa Book Awards

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The Costa Book Awards, established in 1971 as the Whitbread Book Awards, are prestigious UK literary awards celebrating the year's most outstanding books by authors based in the UK and Ireland. Renowned for recognizing a wide range of genres, the awards feature five categories: First Novel, Novel, Biography, Poetry, and Children's Book. Known for promoting accessibility in literature, the Costa Book Awards highlight both emerging and established writers, culminating in the prestigious Costa Book of the Year honor.

Pros

  • pros prestige
  • pros diverse genres
  • pros high visibility
  • pros monetary reward
  • pros boosts author profiles

Cons

  • conslimited to UK/Irish authors
  • cons competitive
  • cons potential bias
  • cons not as globally recognized
  • cons focus on commercial appeal

9.

T.S. Eliot Prize

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The T.S. Eliot Prize is a prestigious annual award presented for the best new collection of poetry in the United Kingdom and Ireland. Established in 1993 in honor of the acclaimed poet T.S. Eliot, the prize celebrates outstanding contributions to contemporary poetry. Managed by the Poetry Book Society, it carries significant esteem and includes a monetary reward, aiming to recognize and promote poetic excellence and innovation. The prize has become one of the most coveted accolades in the poetry world.

Pros

  • pros Prestigious recognition
  • pros boosts poet's career
  • pros attracts media attention
  • pros monetary reward
  • pros networking opportunities

Cons

  • consIntense competition
  • cons limited to UK and Ireland
  • cons subjective judging
  • cons potential bias
  • cons pressure on winners

10.

Goldsmiths Prize

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The Goldsmiths Prize is a prestigious literary award established in 2013 by Goldsmiths, University of London, in association with the New Statesman. It celebrates fiction that breaks the mold, recognizing innovative and experimental novels that extend the possibilities of the form. The prize emphasizes creativity and originality, encouraging authors to explore new narrative structures and styles. Awarded annually, the Goldsmiths Prize aims to reward and promote bold and unconventional literary works that challenge traditional storytelling.

Pros

  • pros Encourages innovation in fiction
  • pros prestigious literary award
  • pros highlights unique voices
  • pros boosts author visibility
  • pros promotes experimental writing.

Cons

  • consLimited mainstream appeal
  • cons can be subjective
  • cons less commercial success
  • cons potential elitism
  • cons niche audience.

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