I see there is a silver stud for fourth place. How about a ghost stud for fifth place? Or is that just ridiculousness?

two things,

1. There are no ghost studs in this game to my knowledge.
2. I don't think you can have an image for 5th place. i could be wrong about the second one though.

Good to know. I didn't know there could be a fourth place image until I saw this game.