Medals, awards, casino chips, and a Challenge Coin
As we switch the television between the Academy Awards and the Women’s NCAA Elite Eight Tournament, I am reminded about a little-discussed part of numismatics: award medals.
Medals come in many forms, from those that can be pinned to clothing to something equivalent to a token. They can be shaped, round, or a multilayered object presented to winners, participants, or for significant achievements.
Some people collect medals but may not consider themselves numismatists. Michael Phelps may not consider himself a numismatist but has one heckuva collection of Olympic medals, and Katie Ladecky is building quite a collection.
Challenge coins are a type of award. In its original intent, challenge coins are passed to someone deemed worthy of being honored by the issuer. Collectors take pride in collecting challenge coins like Brian Williams. During a segment of Nightly News, Williams showed off his collection. Over the last 10-15 years, challenge coins expanded beyond military service and civilian agencies. City agencies, law enforcement, and many others now issue challenge coins. It has opened the market to new collectors. Challenge coin collectors do not consider themselves numismatists, but they are as dedicated to collecting challenge coins as a Morgan dollar collector searching for VAMs.
As time progresses, there are new opportunities to collect awards and medals. Collections of medals and awards are now selling in estate sales and auctions. Families do not know what their loved ones collected and are selling below value. It is a tremendous opportunity to join this area of the market.
Awards and medals create an opportunity to expand collections and welcome more collectors to the community.
And now the news…
March 18, 2022
Princeton University Library’s (PUL) Numismatic Collection nearly tripled its Byzantine coin collection when it acquired 11,256 Byzantine coins from the estate of Dr. Chris B. Theodotou on March 8, 2022.
→ Read more at infodocket.com
March 21, 2022
The United States' first woman to fly into space has lifted off a new mission, this time to orbit the nation in the form of a new circulating coin.
→ Read more at collectspace.com
March 21, 2022
“Working with our partners Excir, we have introduced world-first technology to the UK capable of recovering precious metals from electronic waste in seconds." The Royal Mint is to have a go at a 21st-century approach to alchemy, turning electronic waste into gold.
→ Read more at proactiveinvestors.co.uk
March 23, 2022
Fans in Samoa can start their own Justice League Silver Coin collection with 12 officially-licenced DC Comics coins celebrating their most legendary heroes & villains.
→ Read more at supermanhomepage.com
March 23, 2022
The 2,000-year-old gold piece, perhaps worn by one of the murderers, could sell for $2 million
→ Read more at smithsonianmag.com
March 26, 2022
The rising price of metals including nickel and copper has led to a unique valuation of the metal contained inside common U.S. coins. What Happened: The price of nickel has soared in 2022.
→ Read more at benzinga.com
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