Damn, JT, you scooped me. Anyway:
The World Wrestling Federation Intercontinental Championship was first held in 1979 by Pat Patterson. Over the last 30 years (except for a 12 month stint when the belt was merged with the World Championship in 2002 by Eric Bischoff and re-introduced in 2003 by Stone Cold Steve Austin), many of the sport's greatest stars have used the title as a stepping stone to the upper echelon of the card, ranging from Bret Hart, Shawn Michaels and Diesel to Triple H, Stone Cold and The Rock, to Jeff Hardy, Rob Van Dam and Edge.
Presently held by John Morrison, the current incarnation of the belt is a modification of the belt used from 1999-2002 which featured a WWF logo and no nameplate. That belt was a modified version of the 1998 belt which featured the older, block version of the logo (first held by The Rock).