5 Factors Affecting Challenge Coin Price

Written by Robin Brown on January 27, 2021
Are you intrigued by the price range of challenge coins? Rest assured, you're not the only one. Whether you're an employer looking for giveaways or who is simply concerned about the cost, understanding the factors that influence pricing can be beneficial.

In this article, we will explore the factors that contribute to the varying costs of challenge coins. By gaining insight into these factors, you'll be better equipped to design coins for your organization that offer the greatest value for your investment and leave a lasting impression.

Factor 1 : Design of Coin

design challenge coin image
Are you considering a coin with a minimalist design, devoid of color but with a visually appealing concept? Alternatively, perhaps you're interested in a coin with a single-sided design?

On the other hand, if you prefer a vibrant and colorful coin, with more than five colors on each side, you have the freedom to explore that option as well.

The level of intricacy in your coin design can significantly impact its overall appearance and cost. Opting for a more complex and detailed design may elevate its visual appeal but can also contribute to higher production expenses.

To strike a balance, you may want to consider maximizing the impact of your design while keeping it relatively simple. This approach proves advantageous, particularly when cost is a factor to consider.

By finding creative ways to optimize your design within manageable complexity, you can create an impressive coin that aligns with your budgetary constraints.

Factor 2 : Coin Edging

Cut the Edges image
When it comes to selecting the edging for your coins, the choices you make can have a significant impact. The skilled artisans responsible for designing the coins invest additional time and effort to meet your specifications.

If you prefer bezel edges or oblique lines, it's important to note that the pricing may vary accordingly.

Similarly, if you desire a crosscut or a rope edge, the pricing may differ from other edging options.

To ensure that you get the desired edge for your coins, it is advisable to consult with your designer. They can provide you with specific information regarding pricing before placing your order.

By clarifying your preferences and understanding the associated costs, you can make informed decisions about the edging that best suits your vision for the coins.

Factor 3 : Coin Molds

challenge coin mold image
The molds used to make challenge coins come in different sizes.

Different sizes of challenge coins are priced differently. This variation is due to the fact that larger coins require more materials, resulting in adjusted pricing.

Furthermore, the design of the other side of the coin involves the use of a separate mold, which can also impact the overall cost.

It is worth noting that certain manufacturers may waive the mold fee when you place orders for large quantities. In such cases, it may be advantageous to consider ordering enough coins to accommodate the entire group.

By taking these factors into consideration, you can make informed decisions regarding the size and quantity of coins to order, ensuring that the pricing aligns with your budgetary requirements.

Factor 4 : Coin Presentation

challenge coin packing image
The presentation of a beautiful coin is enhanced when done with honor and pride. Many individuals opt to present their coins in exquisite bags or boxes, recognizing their value and significance.

These coins are not merely meant to be received but to be cherished and passed down through generations. The choice to present them in velvet boxes, acrylic cases, or even capsules can impact the overall pricing.

When planning your budget, it is essential to consider how you would like to present your precious keepsake coin. The presentation method you choose adds to the overall experience and should be factored into your budgetary considerations.

By carefully considering the presentation options and their associated costs, you can ensure that your coin is bestowed in a manner that reflects its importance and sentimental value.

Factor 5 : Coin Extras

challenge coin eatras image
Are you interested in coating your coin with epoxy for added durability and a glossy finish? Alternatively, would you like to incorporate cut-out shapes within the coin's design?

Additionally, if you wish to create numbered coins to indicate their exclusivity or explore the option of antique gold, silver, or copper finishes, these customization choices can affect the pricing.

Moreover, for a unique and eye-catching touch, some coins can even be crafted to glow in the dark.

If any of these exceptional extras align with your vision, it's important to note that they will have an impact on the overall price. However, they provide an excellent opportunity to create a coin that is perfectly tailored to your preferences.


Designing beautiful coins is an exciting endeavor that can be accomplished within various budget ranges. Regardless of the specific design elements chosen, the coin created for your organization will undoubtedly be cherished and valued.

We invite you to leave a comment sharing your thoughts and aspirations for the next coin you plan to design. Your input will contribute to the creation of a unique and meaningful coin that represents your organization's identity and values.

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Article written by Robin Brown
Robin Brown is part of the content team at Vivipins where he develops resources to help customers start and grow their own businesses.
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