It is not a cross of recognition or an officially awarded medal. A Coin serves as an informal token of remembrance, brotherhood, and appreciation for deserving individuals, presented by the unit commander. Commemorative coins have been adopted not only by the military but also by many other institutions and organizations of various kinds. They stem from the personal initiative of members who value a lasting symbol of belonging and a way to highlight their achievements. From the perspective of numismatic experts, coins are not recognized as legal tender and have no face value—this is obvious. Undoubtedly, however, coins are medals of enduring value for those who receive them.
The origin and awarding of the first challenge coin are unknown. The most popular story dates back to World War I and tells of an American pilot whose coin saved his life. After being shot down over France, he was captured by the Germans but managed to escape. During his escape, he was stopped by the French. The pilot had no documents proving his identity, but the coin, bearing the insignia of his American unit, identified him as an ally rather than an enemy. He was released, and his story is among the earliest recorded instances of a coin being used in this way.
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A Coin is a badge that commemorates outstanding achievements and results, and symbolizes belonging to a specific unit.
