According to popular tradition, St Stephen I held up the crown before his death (in the year 1038) to offer it to the Virgin Mary to seal a divine contract between her and the divine crown.
As is the case with all European Christian crowns, it symbolizes a halo and thus signifies that the wearer rules by Divine Right.
The Hungarian coronation insignia consists of the Holy Crown, the sceptre, the orb, and the mantle.
The orb has the coat-of-arms of Charles I of Hungary (1310–1342).
In popular tradition the Holy Crown was thought to be older, dating to the time of the first King Stephen I of Hungary, crowned in 1000/1001. During the 14th century, royal power came to be represented not simply by a crown, but by just one specific object: the Holy Crown.
This also meant that the Kingdom of Hungary was a special state: they were not looking for a crown to inaugurate a king, but rather, they were looking for a king for the crown; as written by Crown Guard Péter Révay.
It was created during the reign of Béla III under Byzantine influence.