I don't think first observer gets as much credit as the team that determines the orbit. I believe that the person or group that determines the orbit gets naming rights.
If you think about it, it makes some sense. It's relatively easy to find a new object but the real work is in tracking the object over a period of time and figuring out what its orbit is.
"Put your hand on a hot stove for a minute, and it seems like an
hour. Sit with a pretty girl for an hour, and it seems like a
minute. THAT'S relativity." --Albert Einstein
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