It is modelled on Victoria, the Roman goddess of victory, winged and flinging a wreath.
Thus it is the smaller reproduction of a life size sculpture to be found in Berlin's Old National Gallery.
The Victoria was awarded to the German Football Association, the DFB, in 1900 to commemorate Germany's participation in the 1900 Summer Olympics which were held alongside the 1900 World Fair in Paris.
The last club to receive the trophy was Dresdner SC in 1944 after which it went missing in the final stages of the Second World War.
[1] In post-Second World War Germany a new trophy had to be commissioned to replace the missing Victoria, the Meisterschale, when the German championship resumed in 1948, which was available from 1949 onwards.