Gresham Palace has recently been restored and converted in to a hotel. This quite a beautiful building was built as a kind of monument to Sir Thomas Gresham (1519-1579) the 16th century financier to Queen Elizabeth I, founder of London's Royal Exchange and inventor of Gresham's Law which states that, "Where legal tender laws exist, bad money drives out good money". It is his face we see in relief at the top of the building.