How To Evaluate Your Old Coin Prices

A challenge coin, or a military unit coin, is a coin given as a sort of award or in appreciation of work for doing a good job. They represent a unit’s motto or mascot; they can also reflect a person, like a commander. In some cases, these medallions can also be bought, such as unit coins, or even base coins. All DoD branches, Law Enforcement, and many other entities have challenge coins to give out to people. Challenge coins almost represent a hallmark of a person, place or the operation that existed. Its history is unclear so we might not really know for sure when the first military challenge coin was handed out.

I like to have all my coin design be fairly uniform in grade. I am assembling a collection of Walking Liberty half dollars, for example. The issues from 1934 to 1947 are relatively common. I can Find BU examples for under $50 fairly easily.

Bell had a great location, an entrance to a plaza with loads of people. But he was there at the entirely wrong time of day. His audience didn’t have time to stop and listen; their jobs were at stake! Those who could watch a few minutes were eyeing their watches, their minds on their schedules and day ahead and not fully enjoying the concert.

Also its great to have a real portrait of an Emperor in your possession. Many emperors came and went and it was customary to inscribe the portrait of the emperor on the coins that were minted during their reign.

The bravery of men and women who serve share a bond that is not understood by the general public. In times of conflict and in time of peace, the bond is there. Whether they are called challenge coins, honor coins, unit coins or military coins, they are one of the most well-known symbols in the U.S.

Although gold coins were already in the works, the California Gold Rush put added pressure on the United States government to come up with more gold challenge coins custom. Lady Liberty, the symbol of America’s fine past, was selected for the honor. Designed by James B. Longacre, the Liberty Head was the nation’s first $1 and $20 gold coins.

Another factor that determines a coins worth is its rarity. Surprisingly rarity is less of a factor in determining an ancient coins worth then modern day coins. Modern day coins will be worth a lot if there were few minted, or few in circulation. Given the large number of collectors this is more of a factor with Modern coins. This would drive up the cost of a rare coin if collectors are trying to complete their collection.

If you took a look at the challenge coins of AA, each coin is given in honor of certain milestones such as 1 year, 5 year and other milestones that a member of AA would reach in sobriety. The same will hold true for other organizations. Either way that you look at it, you can see how valuable these coins really are to the person being presented with the coin. Coin collectors also like them because of their value as a coin. So the significance of the coin will vary from person to person as it will signify different events to different people.