The Victoria Cross (VC) is the highest and most prestigious award of the British honours system. It is awarded for valour "in the presence of the enemy" to members of the British Armed Forces. It may be awarded posthumously. It was previously awarded to Commonwealth countries, most of which have established their own honours systems and no longer recommend British honours. It may be awarded to a person of any military rank in any service and to civilians under military command although no civilian has received the award since 1879. Since the first awards were presented by Queen Victoria in 1857, two-thirds of all awards have been personally presented by the British monarch. These investitures are usually held at Buckingham Palace, London.

The VC was introduced on 29 January 1856 by Queen Victoria to honour acts of valour during the Crimean War. As of 2020, the medal has been awarded 1,358 times to 1,355 individual recipients.

Owing to its rarity, the VC is highly prized and the medal has fetched over £400,000 at auctions. A number of public and private collections are devoted to the Victoria Cross. The private collection of Lord Ashcroft, amassed since 1986, contains over one-tenth of all VCs awarded. Following a 2008 donation to the Imperial War Museum, the Ashcroft collection went on public display alongside the museum's Victoria and George Cross collection in November 2010.

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