Challenge coins were once called commander coins as well as unit coins. These coins had differing significance to different group of people. You will see people attaching special memories, hard work, and friendship on them. Different law enforcement units have their unique challenge coins. It is said that this practice began with the United States Air Force. They were made and presented to them as a way of expressing thanks for the kind of job they had to do during the world wars. There were meant to celebrate all they had accomplished.
You will notice most of the challenge coins in bronze plating. You will also notice a small niche of silver and gold ones too. At the center of the coin is usually printed the badge and motto of the unit. To this day, these coins hold a special part in the hearts and pride of each unit member. New members are usually given one of them, to show their acceptance into the team. They can also be given later as a way of boosting their morale. For all these reasons, having such a coin brings a lot of pride in an officer.
There are more people who now see the value of these coins, not just law enforcement of the military. You will see them being traded at auction houses, online website, and through private individuals. They are all hunting for the rarest, most valuable and unique ones. It is important for anyone interested in police challenge coins to go about their search carefully since there has been a rise in the sale of counterfeit ones. You need to be informed on the exact insignias that should be on a given coin, and see that it is the one printed on a coin you are being sold to. you will notice that the older the coins, the more value they carry. The newer they are, the less value they have attached to them. You will also score great value when you get those issued for acts of courage beyond duty by law enforcement officers. They are even more so due to their limited numbers.
You need to see to it that the coins are not damaged when you are buying them. Buying such a coin comes with some responsibilities. It is upon you to ensure the coin does not get damaged or defaced. If this happens, the coin shall no longer be recognized as a collector’s item. There is a large collection of coins that got destroyed this way, since their owners had drilled a hole on them so as to wear them on chains. Those are now items they cannot sell. This calls for care in how you inspect such coins. Note all the damages you see.