Every term you'll encounter as a collector, maker, or enthusiast - from manufacturing methods to collecting culture.
A plating treatment that deliberately ages the appearance of a coin by darkening recessed areas while leaving raised elements brighter. Common finishes include antique gold, antique silver, and antique bronze. The contrast between dark recesses and bright relief gives antique-finish coins a classic, weathered look favoured in military challenge coins and commemorative pieces.
A hard acrylic capsule with a snap-fit seal used to store individual coins in an airtight environment. Available in sizes matching standard challenge coin diameters (typically 38 mm to 50 mm). Considered the gold standard for archival coin storage. See: How to Store and Display Challenge Coins.
A challenge coin with a functional bottle opener integrated into the design, typically along the edge. A popular novelty option for corporate and custom coins. Does not affect the face design.
A highly polished, mirror-like plating finish applied to a coin surface. Bullion gold and bullion silver finishes give coins a premium appearance but show fingerprints and handling wear more readily than matte or antique finishes. Often reserved for command-level and presentation coins.
A custom coin or medallion issued by an organisation to its members, typically bearing the organisation's insignia, motto, and identifying details. Originally a military tradition dating to at least the First World War, challenge coins are now used across military units, police departments, federal law enforcement agencies, fire services, corporations, and collector communities. They serve to recognise membership, reward service, facilitate the coin check tradition, and commemorate significant events. See: History of Military Challenge Coins.
A challenge ritual in which any coin holder can demand that others in their group produce their challenge coin at any moment. Those who cannot produce a coin typically owe a round of drinks to the challenger; if everyone produces their coin, the challenger buys. The tradition reinforces the habit of carrying one's coin at all times and serves as a social bond within a unit or organisation. See the full rules: Challenge Coin Check Rules and Etiquette.
A challenge coin issued personally by a senior commander - a battalion commander, division commander, chief of staff, or equivalent. Command coins carry higher status than standard unit coins because they are presented at the discretion of the issuing officer, often to recognise distinguished service or mark a significant event. In collecting terms, command coins from senior or well-known commanders are among the most sought-after military coins.
A challenge coin issued to mark a specific event, deployment, campaign, anniversary, or milestone. Commemorative coins are typically produced in limited quantities tied to the event and may carry date references, operational names, or unit-specific imagery. Vietnam-era and Gulf War commemorative coins are actively traded in the collector market.
A coin manufacturing technique in which material is removed from the coin blank to create an opening within the design. Cutouts allow light to pass through and add visual complexity. They can be simple geometric shapes or intricate designs matching the coin's overall motif. Also called "pierced" coins in some markets.
The engraved metal tool used to stamp the design into a coin blank during the die-striking process. Coin dies are precision-machined and can produce thousands of identical coins before wear affects quality. The quality of the die directly determines the sharpness of the coin's detail and the depth of its relief.
The standard manufacturing method for quality challenge coins, in which metal blanks are stamped between engraved dies under high pressure. Die striking produces crisp, consistent impressions with well-defined relief. It is distinct from cast coins (poured into moulds), which typically show softer detail and are more common in low-quality reproductions. Most authentic military and law enforcement coins are die struck.
A coin finishing technique in which two different metal platings are applied to different areas of the same coin. Common combinations include gold and silver, or gold and antique bronze. Dual plating is achieved by masking portions of the coin during the plating process and adds visual contrast without additional enamel fill.
The treatment applied to the outer rim of a coin. Common edge styles include: reeded (parallel ridges), rope cut (twisted pattern), flat cut (plain smooth edge), bevel cut (angled), and engraved (text or design cut into the rim). Edge treatment is one of the authentication markers collectors examine on valuable coins.
A clear protective coating applied over the face of a coin, creating a raised dome of resin over the design. Epoxy domes protect printed or soft enamel details and can enhance colour vibrancy. However, they make coins more susceptible to surface scratching and should not be used on archivally stored coins where longevity is the priority. See: How to Store and Display Challenge Coins.
A coin fill type in which coloured enamel is applied to recessed areas and repeatedly fired at high heat, then hand-polished flush with the metal surface. The result is a smooth, glass-like finish where enamel and metal sit at the same level. Hard enamel coins are more durable and have a more refined appearance than soft enamel. They are typically used for premium coins where longevity and tactile quality matter.
A design specification in which elements are raised significantly above the coin's field (background surface), creating strong three-dimensional depth. High relief coins are more expensive to produce due to the die requirements and striking force needed, but they create dramatic visual impact. See: Relief.
A design specification in which raised elements sit just slightly above the coin's field. Low relief is the standard for most challenge coins and allows for more intricate detail work across a larger surface area. The opposite of high relief.
A challenge coin issued within a military context - by a unit, command, ship, squadron, or senior officer. Military coins are the oldest and most widely collected category, spanning every branch and era from WWII to the present. See the full guide: Military Challenge Coins - History, Types & Collector's Guide.
A grading term indicating a coin in its original, uncirculated state with no wear, scratches, dings, or tarnish. Mint-condition coins command significant premiums over circulated examples, particularly for valuable coins where condition is a primary value driver. Coins stored in air-tite capsules from the point of acquisition are most likely to retain mint condition.
The "front" or primary face of a coin, typically bearing the main design element - the unit insignia, organisation seal, or central imagery. In challenge coin design, the obverse is where the primary identity of the issuing organisation is expressed.
A standardised colour matching system widely used in professional printing and manufacturing. When ordering custom challenge coins, specifying Pantone numbers for enamel fills ensures consistent, accurate colour reproduction across production runs. Pantone codes are preferable to describing colours by name (e.g., "navy blue") because names are subjective and manufacturers interpret them differently.
A custom display box issued with a challenge coin, typically velvet-lined with individual recesses and branded with the issuing organisation's name or insignia. Presentation boxes document provenance and add collector value. A coin with its original box is worth more than the same coin without it. See: How to Store and Display Challenge Coins.
A challenge coin issued by the President of the United States, bearing the Presidential Seal and typically the sitting president's signature or facsimile. Presidential coins are presented personally - to foreign dignitaries, senior military officers, and distinguished civilians - and are produced in strictly limited quantities. They represent the top tier of the most valuable challenge coins in the collector market. Full guide: Presidential Challenge Coins: A Complete Collector's Guide.
The documented history of a coin - who owned it, who issued it, when, and in what context. Provenance is one of the four primary value drivers for challenge coins (alongside rarity, condition, and story). A coin with a clear, documented chain of ownership is worth significantly more than an identical coin without that history. See: The Most Valuable Challenge Coins.
A type of plastic commonly used in cheap coin holders and display pages. PVC releases plasticisers over time - a greasy, acidic film that adheres to coin surfaces, softens enamel fills, and can cause irreversible damage. Collectors should avoid PVC holders and use archival-grade, PVC-free materials (Mylar, polyethylene) for long-term storage. See: How to Store and Display Challenge Coins.
A coin edge treatment featuring parallel ridges cut into the rim, similar to those found on many government-issued coins. Reeded edges are one of several edge styles used in challenge coins and are an authentication marker on valuable pieces, as they are difficult to replicate convincingly in cast reproductions.
The raised portion of a coin design that stands above the field (background surface). All die struck coins have some degree of relief. The depth and definition of the relief determine much of the coin's visual and tactile quality. See: High Relief and Low Relief.
The "back" face of a coin, typically bearing secondary design elements - additional text, a secondary logo, the year of issue, or a motivational motto. On challenge coins, the reverse often carries the unit motto, the year, or a personalised message.
A finishing technique in which fine abrasive particles are blasted against selected areas of the coin surface to create a matte, textured appearance. Sandblasted areas contrast sharply with polished or plated sections, adding visual depth. Often combined with dual plating for premium coins.
A coin fill type in which coloured enamel is applied to recessed areas of the coin design but not polished flush with the surface. The result is a slightly textured finish where you can feel the raised metal edges between colour areas. Soft enamel is more affordable than hard enamel and allows for a wider range of colours. It is the most common fill type for military and law enforcement challenge coins.
A novelty challenge coin featuring a rotating element mounted at the centre of the base coin, typically via a rivet. The spinning component can be a secondary design element, a logo, or a decorative feature. Spinner coins are popular for corporate and custom applications.
The act of manufacturing a coin by pressing metal blanks between engraved dies under high pressure. A "struck" coin (as opposed to a "cast" coin) has sharper detail, more consistent dimensions, and higher quality. Collectors use this term as a quality indicator: "Is this struck or cast?" Most authentic, quality challenge coins are struck. See: Die Struck.
A challenge coin whose owner has indicated willingness to exchange it with another collector in return for a coin of comparable interest or value. Trading is a core part of challenge coin culture - it is how collectors acquire pieces they could not otherwise obtain through purchase. Browse coins available to trade on our Trade Board.
A challenge coin issued by a military unit and presented to all members of that unit. Unit coins establish collective identity and are typically issued when a service member joins a unit, completes a deployment, or achieves a unit milestone. They are distinct from command coins, which are issued at the personal discretion of a senior commander. See: Military Challenge Coins Guide.
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