Preston Guild Medallion 1902

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Once Every Preston Guild!
"Once every Preston Guild" is a local expression meaning infrequently. In fact the ancient fair called Preston Guild or Preston Guild Merchant is held only once every twenty years. The medallion illustrated is engraved in high relief, and is struck in white metal.
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.

Obverse
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

Reverse
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

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