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|Preston Guild Medallion 1902|
Preston was recognised as a Borough by Royal Charter of Henry II in 1179. This also gave it rights to a fair and market. The Borough was to be run by the freemen of the Guild Merchant. The fair was held at irregular intervals before 1542, and then every 20 years.
The last fair was in 1992, and so the next is due to be held in 2012.
The obverse shows conjoined portraits of the Earl and Countess of Derby.
THE EARL OF DERBY K. G. GUILD MAYOR OF PRESTON AND THE COUNTESS OF DERBY
The reverse shows the coat of arms of the Earl of Derby, with the motto "SANS CHANGER "
TO COMMEMORATE THE CELEBRATION OF GUILD MERCHANT 1902
Diameter 51 millimetres
Weight 59.2 grams
Boxed in blue leather fitted case with gold embossed lid.
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