Coveted Art Deco knight (5)
I believe the answer is:
oscar
'coveted art deco knight' is the definition.
(I've seen this in another clue)
This is the entire clue.
(Other definitions for oscar that I've seen before include "Film award; --- Hammerstein" , "academy's prize" , "One of several given to Chicago" , "Develop again" , "Film industry award" .)