You often hear of people finding Rare Challenge Coins, cheap brass, and zinc coins as well as military accessories at flea markets. But did you know you can also find rare challenge coins there as well?
There are many looking at buying challenge coins and searching for collectible coins to take home from them. But what should you be looking for and where should be looking for rare challenge coins?
Here’s everything you need to know.
Why Challenge Coins?
Challenge coins give those serving in the forces an opportunity to build morale and strengthen the image of the entire unit towards others and support the various individuals in the unit.
Military coins are therefore often lost or discarded, making them difficult to find and extremely valuable for collectors in today’s market. While older military coins have a significant sentimental value because of the purpose for which they are issued, they do not have the same value for those who receive them as part of an estate.
While we view challenge coins as collectibles for military families, they are also collected by history buffs and military collectors alike.
Active military personnel and veterans are looking for a variety of rare coins. While Custom Challenge Coins are favorites of politicians as well as Washington staff, there are several rare challenge coins sought by active military personnel, veterans, and civilians alike.
Challenge coins are pieces of metal that, unlike conventional coins with a diameter of about one inch, are round and have been presented to members of the military for general use for the first time.
Military challenge coins are minted exclusively for us soldiers, but the tradition has spread throughout the world. You will find examples in Canada, Australia, the UK, New Zealand, and Switzerland. Military today is not only using coins as a challenge but has also spread to the civilian population and corporate America, including fire brigades, police, governments, charities, and organizations that make individual coins for a variety of purposes.
Coin Show Varieties and Investors
If you are looking for further challenge coins, you might want to go to a coin show or a coin shop and look in the dealer inventory for any defects or varieties that are missing. Perhaps more than any other collector’s item, most military coins have an unparalleled sentimental value.
Many people make challenge coins for business card purposes, but most people dispose of paper cards. Instead, they use metal coins in whatever form to represent what they give away to ever-larger customers.
The army coins are likely to be bespoke bottle openers or cutouts with dual functions than the marine corps challenge coins which are more conservative to make room for the famous eagles, globe, and anchor emblems.
Collectors refer to challenge coins on the military collectors market as “cap babies,” and many people collect them when their value increases.
Although this will be the exception rather than the rule, it shows that each branch of the service has its own style when it comes to creating its own military coins. Those who flaunt their military coins attach more importance to design and pay more for something more complicated and appealing.
Custom Coins
Whether they are members of the military, government organizations, or large numbers of people who make their own custom-made coins and sell them to colleagues, there is a trade network of coin collectors that can help make things easier.
Various determining factors used to assess other types of collectibles may be more influential than others in assessing the resale value of collectibles, and for military coins, a variety of these factors may influence the pricing of challenge coins.
Custom-made coins from their administrations were issued to military personnel, wounded military personnel, their families, foreign dignitaries, and even for a quick handshake, making the presentation of presidential challenge coins a discreet and prestigious honor.
The President’s Challenge Coin
President Joe Biden has made commemorative coins, one of which he gave to The Pope. Other executive challenge coins are rare, but the president’s cabinet also has coins made, including the secretary of state as well as secretary of defense.
Rare coins for military challenges also play an important role among veterans and active members of off-duty social life.
It’s easy to believe that military traditions should remain connected to the military as well as veterans to ensure that new challenge coins maintain this type of tradition, not only because they are something that connects us to supporting the livelihoods of former military personnel directly.
In the following sections, we will find out what distinguishes individual military challenge coins from their civilian counterparts and what makes them unique to each branch.
Drink With Veterans and Service Members
Veterans and active service members who use rare military coins are closely connected. Former soldiers across the world in places like the U.K are known to pursue challenge coin collecting as a hobby. Drinking, which is connected with coins, should contribute to the morale of the different military units.
Each member of a unit is attached to the coins with a drinking challenge. The challenge is designed to boost morale between the various military units by placing their coins on a standing table and challenging one or more people to give them a challenge coin.
If all present their coins, the challenger buys a round of beer; if they are not challenged, they buy another round. When a challenge participant produces his coin, he has to buy a drink. This is collecting challenge coins 101.
Track Down Rare Challenge Coins With Intuition
If you want to track down rare challenge coins then you need to look in places where others have not thought of. Think about where rare challenge coins are likely the hiding.
You could drink with veterans and services members or you could try searching at flea markets.
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