In many cases when you finish something you are given some sort of reward. The reward you receive will depend on what you have done, and that spectrum is rather wide. For instance finishing a job might give you a monetary reward, finishing high school will give you a diploma, and completing or being apart of certain military functions will earn you challenge coins. As you can probably tell by the title I want to talk about last one a bit today just so you can get an idea of what challenge coins are, how you get them, and why they are valuable.
For starters, challenge coins unless bought second hand are earned by completing tasks within the military service ranks. For instance when you complete basic training, you get one, or when you have served for so long you get one, etc. The number of ways that you can earn a coin go on and on. In addition to military challenge coins, other clubs and organizations have begun distributing challenge coins to their members as well.
So one of the obvious ways to come across a challenge coin, is to earn it by doing something or joining a group. Another way would be to purchase one. These coins will range in price from $5 up through several hundred dollars depending on where it was manufactured, whether or not it is from an actual person, etc. As with any other collectible they look to rise in value over time, assuming the market does not become overly saturated with coin producers.
That being said I think it is fairly simple to understand the value behind these coins. For instance some of the highest value coins are those from high ranking military officers. The values lies in the fact that each piece has a history all its own.
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