The Victoria Cross (VC) is a military decoration awarded for valour "in the presence of the enemy" to members of the Australia Armed Forces. It may be awarded to a person of any rank in any service, and to civilians under military command. Being the highest award in the Australian Honours Order of Wearing, the Victoria Cross takes precedence over all other postnominals and Australian orders and decorations. The Victoria Cross was instituted by Queen Victoria in 1856, initially to reward acts of valour during the Crimean War. Because of its rarity and inherent significance, the VC is highly prized, both as an award and as a collector's item, with one medal being sold for over A$1 million at auction. Australians have received the Victoria Cross under the Imperial honours system and later und