The Big Three: How To Order Challenge Coins On A Budget

The best part about creating your own custom coins is that you have full control over the process. Each piece can be customized from the design imprinted on your coin to the colors, details, text, and even the coin's finish.  Any concept can be brought to life in a stunning coin that will look great and be carried with pride. No matter what type of coin you need, we will produce a high-quality coin for you.

From memorial coins to corporate coins, or custom coins for weddings, anniversaries, and other special milestones, a challenge coin is something different. They are also great for marketing and branding, offering brands and businesses something innovative and unique. Custom coins can help in so many ways; however, many businesses are working on smaller budgets these days. 

If you are on a limited budget or just looking to keep the marketing cost down, don't sweat it. We can help. At ChallengeCoins4Less.com, we produce affordable challenge coins, and we will work within any budget to create a memorable and engaging coin. We have a few tools that will help manage your order's price, including budget-friendly designs and long-term cost cuts. There are a few tips and tricks you can use to create eye-catching coins while saving money on your final order. Keep reading to find out how you can save money and still get the high-quality coins you need.

Understanding Custom Coin Pricing

It's essential to understand coin pricing first and foremost. As with any product, learning how the cost of your order is compiled and doing a bit of research will save you money. Three main elements  affect the price of challenge coins. Those are the size of coins, the number of coins in the order, and the selection of custom options. Having a better understanding of these areas will help you cut costs and save  money on your order's final price. Let's examine these three factors and learn how they influence your quote and where you can minimize costs to get the most out of your order.

Coin Size and Order Size

When it comes to custom challenge coins, size matters. Both the size of the coin and the size of your order. Challenge coins can be created in any size or shape, though smaller coins tend to have the most value. Bigger coins will cost more money, naturally. The bigger the coin, the larger the mold, and more material is needed to create them, making them inherently more expensive. If you want the most coins for your money, smaller-sized coins are your best bet. Challenge coins can be as large as a dinner plate, but they also come with a higher price point.

Most challenge coins are typically 1.75” or 2.00” in diameter. Coins within this range are still large enough to have a visual impact while keeping a reasonable price. If you have a simple design, scaling back to 1.50” can drastically lower your final price. Sometimes, bigger isn’t necessarily better. If you are unsure about the perfect size for your particular design, don’t worry. We can help! 

Size also matters when it comes to the number of coins you want to order.  The more coins you add to your order, the more money you will save per unit. With larger orders, the price per coin drops, saving you money on the total order. The production costs are spread out over a larger number, cutting down the unit price. Orders with 100 to 300 coins are a solid option, providing a potential savings of hundreds of dollars on a single order. Of course, there are fixed costs with any order, but spreading them out over a larger order will result in a savings at the end of your order.

Coin Options

Now let's dive into the other options that come into play when ordering challenge coins. One of the most important options is the type of coin. When working within a limited budget, it's better to keep things simple. Die-struck coins are one of our most popular options and our most cost-friendly. Die-struck coins can be customized to feature text, images, and other essential details like any other challenge coin. Adding a high-polish finish is a nice, affordable touch, and adding an antique finish can set your coin's design off. Die-struck coins are typically unpainted, though you can add color for an added cost. Keep in mind that the more custom options you include, the higher the final cost of your order will be. But we will get deeper into that later.

 Adding color can significantly affect the look of your coin, but it will also affect the bottom line. Other options  include diamond-cut edges, different fonts, epoxy coatings, engraved text, cutouts, offset printing, and sequential numbering. Each one of these unique details is a nice touch; however, they will add to your order's total.

If you want to add color to your coin, try to use seven colors or less, which we offer at no additional charge. You can also choose to use your coin's plating as a color option, which will cut costs. Adding more than seven colors will add additional production fees, resulting in a higher total cost. Consider all of your options and choose wisely. Understand your budget and how challenge coins are priced before making a final decision.

At ChallengeCoins4Less.com, we've picked up a few things in our nearly 20 years of producing custom coins. We've crafted coins of all sorts, in different shapes, sizes, and with a range of different custom options. We have an incredible crew of graphic designers and artists who understand working within a budget.  We will work with you on every step of the process to create a stunning coin. No matter the budget, we can create top-quality coins with unbeatable prices. We also provide you with unrivaled customer service. No matter what kind of custom coins you need, we've got you covered. To find out more, call us toll-free at  (855) 272-8451 or email us. If you want a quote on your next order, simply fill out our free quote form. We'd be happy to help!