The NIN Award (Serbian: Ninova nagrada, Нинова награда), officially the Award for Best Novel of the Year, is a prestigious Serbian (and previously Yugoslavian) literary award established in 1954 by the NIN weekly and is given annually for the best newly published novel written in Serbian (previously in Serbo-Croatian). The award is presented every year in January by a panel of writers and critics. In addition to being a highly acclaimed award capable of transforming writers' literary careers, the award is also sought after because it virtually assures bestseller status for the winning novel. The literary website complete review called it the "leading Serbian literary prize" in 2012.Between 1954 and 1957, the award was given to the best novel published in Yugoslavia, regardless of the language, but all the novels awarded in this period were written in Serbo-Croatian language. Starting in 1958, only novels written in Serbo-Croatian were eligible. Starting in 2012, only novels written in Serbian were eligible, regardless of the place of publication. Source: Wikipedia (en)