Custom challenge coins are an outstanding way to celebrate milestones, boost camaraderie and team spirit, and honor achievements. But if you’re considering ordering challenge coins, you might be concerned about the price.
You needn’t worry. There are plenty of ways to craft great-looking custom coins for any occasion without breaking the bank. We can show you how to get the most value for your money and get terrific looking coins.
When ordering custom challenge coins, you have tons of options. The artwork, imagery, and text you include are key components. Designing a challenge coin is an easy process on just about any budget. With a little bit of planning, you can order coins you or your organization can afford that look great and that the people who receive them will carry and display proudly.
Consider the Purpose First
Before pricing custom coins, consider the purpose of the challenge coin itself. The type of coin you create will affect the features and extra details you want to add. Will the coin be made for a veteran? Do you need challenge coins for your business? Are you promoting a product, celebrating a company milestone, honoring achievement or longevity? Don’t skimp on important details.
Factors Affecting Coin Pricing
There are three primary influences on the cost of custom coins: the number of coins you order, the size of the coins, and the additional details and options you choose. Understanding these factors can be helpful, as each can be significant in determining the price you’ll pay for your challenge coins.
Coin Size
Let’s start with the most obvious factor, coin size. The complexity of your design plays a role in the size of your coin. Bigger coins cost more, though you can often make the same impact with a smaller, more economical coin.
Size matters when it comes to the look and price of a challenge coin. The most common sizes for challenge coins range from 1.5" to 3" in diameter. Larger coins require larger molds and extra material, which means a higher cost.
Generally speaking, the more complex your design, the larger the coin will need to be to convey it effectively. On the other hand, if you have a simple yet striking design, scaling back to 1.5" coins can be more cost-effective. Adjusting to a smaller size is a easy way to save money, although it can make your coin less distinctive.
Order Quantity
You might assume, logically, that the more coins you order, the more your order will cost. That’s not necessarily true, however. As counterintuitive as it might seem, sometimes you’re better off ordering more coins.
Here’s why. The more coins you order, the less each individual coin costs to make. With that in mind, coin providers typically offer quantity discounts at specific coin volumes.
Here’s how that can save you money: Let’s say you need 175 coins. Your coin provider offers a set price per coin for each of those coins. If, however, they offer a lower per-coin price when you order 200, you could pay less for your total order by ordering 200 coins. Any good provider will notify you of these price breaks, but always feel free to ask too.
Mold Fee
Another factor that can affect the price of your order is the mold fee. This can be a significant factor in the price of your custom coins.
The mold fee is necessary because your provider is creating a mold that’s unique to your specific design. It can’t be reused for any order other than yours. It covers the initial cost of raw materials needed to create the mold.
Once again, however, many providers waive this fee above a specific order quantity, typically 300 or more coins. That, combined with the previously mentioned quantity discounts, can create significant savings on the total price of your coin order. It always pays to ask your sales representative about such discounts.
Options
Just because you’re working with a limited budget doesn’t mean you have to sacrifice outstanding looks for your challenge coins. By choosing the right finish, and adding color, you can get coins that you can be proud of at a price you can afford.
Color Doesn’t Have to Cost
Let’s start with color. Adding color doesn’t have to increase the price of your coins. This is one of the most cost-effective ways to add extra style and bold visual appeal to your challenge coins. Most coin providers allow from five to seven colors at no extra charge. Adding color gives your coin a bold, distinctive look, and of course is a must if you’re reproducing a trademark logo, emblem or company name. You can usually add additional colors too for a slight extra cost.
Additional details such as diamond-cut edges, cut-outs, and other options can raise the price of your coins. If you’re on a tight budget, the classic die-struck coin look offers a straightforward elegance all its own.
We’ll Work With You
It’s not hard to order great-looking, affordable custom challenge coins that will fit both your style and your budget. When it comes to ordering challenge coins, ChallengeCoins4Less.com is your Number One choice. We have 20 years’ experience in the custom coin business. We’ll work with you every step of the way to ensure you get fantastic looking coins you can be proud to give, display and carry.
Even better, we back everything we sell with our 100% satisfaction guarantee. Should you find any coin you buy from us to be defective in materials or workmanship, we will replace it at no extra cost to you.
Want to find out more? Call us toll free at (855)272-8451, or email us. If you already have a coin design in mind, fill out our no obligation free quote form, and we’ll send you a free digital proof of your design. No matter what your budget, we’re here to provide you with the finest quality challenge coins you can buy, with outstanding customer service. Let us show you how affordable great-looking challenge coins can be!
