The Field of the Cloth of Gold took place in 1520, not 1502 — a puzzling date choice by the issuer, given that Henry VIII didn't even ascend the throne until 1509. The actual event was an eighteen-day diplomatic summit between Henry VIII and Francis I of France held near Calais, so extravagant in its temporary pavilions, jousting, and gold-threaded tents that it bankrupted several attending nobles and achieved essentially nothing diplomatically. France and England were at war again within two years.
The Field of the Cloth of Gold took place in 1520, not 1502 — a puzzling date choice by the issuer, given that Henry VIII didn't even ascend the throne until 1509. The actual event was an eighteen-day diplomatic summit between Henry VIII and Francis I of France held near Calais, so extravagant in its temporary pavilions, jousting, and gold-threaded tents that it bankrupted several attending nobles and achieved essentially nothing diplomatically. France and England were at war again within two years.