 The coin that formed the base of the medalet was most likely minted in England , probably at Canterbury . Evans felt that it was produced by a Frankish member of Liudhard 's household , but Grierson was less sure of it being produced by a Frank . Both , however , concluded that it was not really meant to be used as money , but was rather struck for use as a medallion showing conversion to Christianity . The historian Margaret Deanesly argued that it was made at Canterbury , by a native Jutish artisan . Given the dates of Æthelberht 's reign , it appears likely that the coin was struck between 578 and 589 . The loop for suspension is a feature of bracteates , pagan Germanic quasi @-@ coins apparently made as amulets or jewellery , and often featuring a king . However bracteates are only stamped on one side . 
