Custom Coins – All You Need To Know
Custom coins originated from military challenge coins, which were used by various armed forces units to identify members when challenged by sentries. Today, custom challenge coins from the military, sports teams and organizations are prized by collectors and traders from all over the country. A healthy market has grown around these items, along with trading pins and cards. By knowing more about challenge coins and other custom coins, you can freely trade pieces from your own collection or have your own minted at the best possible prices.
Custom coins are usually made from enamels plated with metals or alloys, such as gold color, brass plating and similar substances. Using challenge coins for trading or collecting can be enhanced by knowledge about each set’s background, including the history of the unit, the details about the minting and the previous owners of the coin. Among challenge coins, custom military coins have the longest history and possess some of the most valuable pieces in the industry.
Trading Coins Emerges Into Popular Hobby
Custom challenge coins are mostly traded these days online in forums and other communities. Levels of participation and knowledge among these groups vary from novice to experts. Experienced custom coin traders know to trade only with reliable members of these communities, or when trading with a stranger, to research his background, particularly his reputation with other coin collectors. Trading is assisted with online payment and secure shipping services. Collectors can also trade using auction websites and classified ads, though the reliability of sellers through these channels is less reliable than existing communities. When trading online, always choose a clear, large image of your custom coin from both sides to allow other parties to evaluate it. The image should also be accompanied with a ruler to objectively determine its dimensions. Finally, collectors can show up during military-themed conventions or collector’s fair, where they can meet other enthusiasts. These places are also popular venues for community members who wish to transact face to face. Professional coin shops and armed forces stores also exhibit in these events to launch new custom coins or sell sets and pieces to attendees.
Designing Custom Coins
To make custom coins for your sports team or organization, you need to come up with a design first. The best custom coin designs respect the lack of space for reach tiny surface and will contain only a few elements that evoke the spirit of the team. The colors are commonly limited to three of four which identities the group, and the name, title and slogan of the team are indicated on the coin. Private minters have the ability to print and color in small surfaces using precise machinery, as well as presses and mold to form odd- or irregular-shaped coins. You can design coins with precious metals incorporated in the image, such as gold or silver, or simple metals such as copper and bronze. Unit crests, company logos and team mascots are common custom coin designs, although groups may release limited editions with specific designs to capture the spirit of a particular year or event. Designing unique elements, such as recessed areas, have added distinction in existing coins and may be used in future designs. Coins can even come in uniquely functional designs, like our bottle opener challenge coins for example.
Minting A Coin
After designing a custom coin, you should contact several manufacturers in your area to create, or mint, a limited number of pieces with your design. These private mints have the equipment to create coins, medallions, medals and other metal pieces with fine precision and precious metals. Use online search engines to locate such mints and email them the image of your design as well as the specifications, including the type of metal, the number of pieces to produced and thickness. If in doubt with the reliability of the mints you find, do a background check based on reviews from other customers who have done business with them. These mints will then send quotes for minting and their other terms. Avail of discounts and promos if possible to make the most of your budget. Choose a mint that suits your budget and specifications. Challenge Coins Limited is known for their work on custom coins and are well worth approaching for minting possibilities. Finalize the agreement by settling on the price, payment method, shipping date and method. Ask for a return guarantee in case they send defective coins or an amount that is less than agreed upon. Always ask for more coins than you need, as there will always be a market for these items. You can also consider having other memorabilia to be minted with your design on it, such as medallions, gold coins and even knives.
Distributing and Selling
Once you receive your custom challenge coins, distribute them among the members of your group. The rest of the coins can be sold to collectors, traders and other interested parties. They may also be presented to special individuals as gifts for their contributions to the group. Bring some of the custom coins when attending special events or conventions and use them for collecting coins from other groups. You may either opt to mint only one standard design or different designs for every year or event, which can be also prized by collectors.
Storing Your Challenge Coins
Prized coins are rarely exposed for public perusal, as pollutants in the air and the risks of scratches from handling will inevitably affect the alloys and substances in the coin. Custom coins are usually kept in special storage boxes and stored away from light, heat and moisture, all of which can deteriorate the coin. You may also keep your coins in a special album that allows for viewing multiple items with every page. Some albums to consider are the Intercept Shield, which has a solid design that protects the contents, the Dansco, a popular album format, and the US Mint series, the official album format of the government agency. Cleaning is usually done with soft wipes and especially safe solutions that will not chemically interact with the metals. With careful handling and maintenance, your personalized coins will lose little of its value and may even appreciate as time passes by.
