Silver medal commemorating the Peace of Utrecht, 1713

The medal was struck at the public expense for distribution to members of both Houses of Parliament and others. It is inscribed in Latin which reads: 'They honour [peace] by laying aside their arms.'

By the Treaty of Utrecht Britain gained Gibraltar and territory in North America and the Mediterranean. France also recognised the Protestant succession in Britain. Philip V was confirmed as King of Spain, but he was removed from the French line of succession, thereby averting a union of France and Spain. The Austrians gained most of the Spanish territories in Italy and the Netherlands. Most importantly, France's hegemony over Europe was over.