How Much Do Custom Challenge Coins Cost in 2023?

Custom challenge coins were all the rage in 2023. However, that doesn’t mean the demand for them has gone down significantly.

If anything, people might continue to want them even more as a way to bring together like-minded individuals. Still want to get your hands on custom coins and don’t exactly know how much custom challenge coins cost? We’ve got you covered.

Keep reading!

Design Complexity And Artwork Of Custom Challenge Coins Cost

In 2023, custom challenge coins cost will vary depending on the design complexity and artwork involved. On average, the price range for these coins will be around $5 to $10 per coin, but this can increase significantly for more intricate designs. The level of detail and customization in the artwork will directly impact the final cost of the coin.

For instance, a basic design with simple line art will be cheaper than a 3D design with intricate color schemes. As technology continues to advance, the cost and complexity of custom challenge coins may also increase.

Coin Size, Shape, And Material

The most common size for challenge coin collection is around 1.5 inches, with larger sizes typically costing more. Coin shape can also play a factor, as more intricate shapes may require additional production steps and, thus, increase the cost. The material used for the coin can greatly impact the price.

Coins made with higher quality materials such as gold or silver will cost more than those made with cheaper materials like zinc alloy.

Quantity And Production Scale

The more coins ordered, the lower the cost will be per unit. This is due to the bulk discounts offered by manufacturers. The production scale will play a significant role in the cost. Larger production scales allow for more efficient and streamlined processes, resulting in lower production costs.

The larger orders or orders from companies with a high production volume may be able to offer lower pricing for their custom challenge coins. It is safe to assume that the cost of custom challenge coins in 2023 will range from $5 to $10 per unit for quantities under 100. And it could potentially decrease for larger orders.

Finishes, Plating, And Additional Features

Custom challenge coins’ cost will largely depend on the finishes, plating, and additional features chosen by the buyer. For simple finishes such as gold, silver, or copper, plating may cost around $5 per coin. Whereas more intricate finishes like antique or dual plating may cost up to $8 per coin.

As for additional features, options like 3D moldings, cutouts, and diamond-cut edges can add significant cost to the final price. The material of the coin, size, and quantity ordered will also affect the overall cost.

Packaging And Presentation Options

On average, these coins can cost anywhere from $3 to $10 per piece. Packaging and presentation options, such as velvet cases, acrylic displays, or custom boxes, can add to the overall cost. These options not only enhance the aesthetic appeal but also provide a protective element for the coins, making them ideal for display or gifting purposes.

The overall price of custom challenge coins in 2023 will vary based on the packaging and presentation options chosen by the buyer.

Understand The Value Of Custom Challenge Coins in 2023

Custom challenge coins cost in 2023 is influenced by a variety of factors, including design complexity, material choice, and quantity ordered. By carefully considering these factors and working with reputable manufacturers, organizations, and individuals, we can create unique and affordable coins to commemorate special events.

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