The medal, which was presented to Flight Lieutenant Bill Reid, was bought by an anonymous bidder at Spink in central London, setting a new world record price for a Victoria Cross awarded to a Briton.
Medals including a Victoria Cross that were awarded to a Second World War bomber pilot from Glasgow have sold for £348,000 at auction.
The medal, which was presented to Flight Lieutenant Bill Reid, was bought by an anonymous bidder at Spink in central London, setting a new world record price for a Victoria Cross awarded to a Briton.