The Waterloo Medal was the first British medal given to all soldiers present during a campaign regardless of rank. Wellington himself is believed to have first suggested the idea. The reverse shows the winged figure of Victory, the words ‘WELLINGTON' and ‘WATERLOO', and the date of the battle (18 June 1815). The obverse bears a portrait of the Prince Regent (later George IV).

Each Waterloo Medal was inscribed the name of the recipient along its edge. This medal was awarded to Private John Perchell of the Royal Welch Fusiliers. It is part of the House of Commons collection medals and coins, having been donated by the Conservative MP Sir Howard Vincent in 1908.