It was presented in the small court-martial room at the Royal Palace, on Dam Square, in Amsterdam.
The entrants included Charles Howard Hodges, Jan Willem Pieneman, Edouard Taurel [nl], and Johan Bernard Scheffer.
As a result, submission standards were amended, requiring works to have "genoegzame kunstwaarde" (sufficient artistic value).
[3] Nevertheless, the overall requirements remained general enough to allow many young artists a chance to have their débuts at the Exhibition; including Jan Hoynck van Papendrecht (1884), Isaac Israëls (1881), Taco Mesdag (1849), and Maurits Verveer [nl] (1851).
In 1932, the term "Living Masters" was used in connection with an exhibition at the Stedelijk Museum Amsterdam, but it was an unrelated event.