What Are the Different Types of Challenge Coins That Exist Today

According to statistics, challenge coins typically cost $3.00 to $5.00 per coin, however, military challenge coins can cost between $50 and $300.

You may have heard of different types of challenge coins, but not quite know what they are or why they're important.

Challenge coins are a tradition that originated with the military but have since become popular among civilians as well.

They are used as a way to recognize and reward achievement and can be exchanged between friends to commemorate special occasions.

If you're looking to buy a challenge coin, it's important to know what type of coin you're getting.

That's why we've put together a list of the many different types of challenge coins that exist today so that you can make an informed decision before buying. Keep reading to find out what they are!

Commemorative Challenge Coins

They design commemorative challenge coins to commemorate a special event or achievement. They are often for people who have made a significant contribution to an organization or cause.

The value of these coins is not just monetary – they often hold great sentimental value to the recipients.

To purchase these coins it will cost you anywhere from a few dollars to hundreds of dollars, depending on the design and rarity.

Military Challenge Coins

Military challenge coins are often a gift to members of the military as a symbol of membership and pride in the unit. They are also used as a form of identification.

These coins are usually made out of copper or brass and can be quite valuable if they are rare or have been discontinued.

Honorary Challenge Coins

They award honorary challenge coins to individuals who have distinguished themselves in some way. They may give them to someone who has made an outstanding contribution, or who has shown exceptional courage or bravery.

The value of these coins is not just monetary – they often hold great sentimental value to the recipients.

Challenge Coins for Charities

Challenge coins for charities are becoming increasingly popular. These coins are auctioned off or sold to raise money for a good cause. The value of these coins can vary greatly, depending on the rarity and design of the coin.

Some coins have been sold for thousands of dollars at auction.

Custom Challenge Coins

Custom challenge coins can be memorable gifts and be made to commemorate any event or achievement. They are often given to people who have made a significant contribution to an organization or cause.

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Buy the Right Types of Challenge Coins for You

As you can see, challenge coins come in all shapes and sizes, and there are many different types of challenge coins available. Whether you're looking for a traditional coin or something more unique, this article has covered everything.

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