They were the result of the testament of the Dutch 18th-century merchant Pieter Teyler van der Hulst.
The text around the edge means All sciences that relate to human civilization, have a certain common bond.
The idea was to discuss theory and present a question each year for the prize medal to be awarded.
The first gold medal winner was Martinus van Marum, who won the first prize in 1778 with his paper "Phlogisteerde en niet-phlogisteerde lucht" challenging phlogiston theory.
In 1780, Bosch was replaced by Jean Gijsbert Decker, and Enschedé by Willem Anne Lestevenon.