The Challenge Coin Minting Equation
A lot of factors play a vital role in getting a batch of custom coins minted for your unit, work center, or agency. We want to break down barriers when we choose mints. People don’t know the underlying factors and what are really behind them. People get wrapped up in thinking it’s one way when it’s really something different.
Lowest Price – Usually when people are shopping for a coin and especially in an economy like we are currently in people are looking for the best price possible. When you save a buck you could be holding quality back. In challenge coins the price never dictates quality. This is an old wise tale for the most part. It is extremely difficult to base an end result entirely on a price index. Just because you get a great deal or you pay through the nose does not mean you are going to get different results. The results come from the factory used in making coins.
Company Portfolio – A company’s reputation is hugely dependent on previous coins made. When you need examples of coins made you should look at any and all examples of coins that company has produced. The more coins that factory has made is a direct correlation in how good that company is. If they have a small portfolio then one of two things happened. The first is they are new and the second being maybe they weren’t good enough to get many orders.
