What Custom Medals Actually Cost — Published Prices, No Surprises
Challenge coins run $3.50–$4.20 per piece at 100–299 pieces, plus a one-time mold fee of $80–$150 for a
2D design or $150–$300 for complex 3D. Minimum order is 50 pieces. Medals, lapel pins and metal gifts are
quoted per project — the matrix below shows what is published today, and everything else comes back
within 24 hours. What is on this page is the actual rate card we quote from — not a lead-in price.
Unit price by product and quantity
Soft enamel, standard plating, one finish, 2" (50mm) unless noted. USD per piece, mold fee excluded
(see the mold table below). All prices in USD.
| Product | 50 – 99 pcs | 100 – 299 pcs | 300 – 999 pcs | 1000+ pcs |
|---|---|---|---|---|
| Custom medals | Request quote | Request quote | Request quote | Request quote |
| Challenge coins | Request quote | $3.50 – $4.20 | Request quote | Request quote |
| Lapel pins | Request quote | Request quote | Request quote | Request quote |
| Metal gifts (keychains, openers, magnets) | Request quote | Request quote | Request quote | Request quote |
All prices in USD, EXW/FOB — duties, taxes and freight excluded (HS code 8306.30). Challenge coin prices are the only bands we publish today: $3.50–4.20 per coin at
100–299 pieces, versus $5.13 at the same quantity from signaturecoins.com (public price, checked Nov
2026). Other categories, and the 50–99 and 300+ tiers, are quoted per project within 24 hours — the piece
price moves with size, relief depth, plating and enamel color count.
The Small Batch Promise
The 50–99 price is never more than 15% above the 100–299 price for the same design,
same size and same finish. That is why the 50-piece column is not double the 300-piece column — you are
paying tooling, not a penalty.
One-time tooling, stated before you commit
A mold is a steel die cut specifically for your artwork. It is the reason a custom medal is not a
print-on-demand product, and it is the single most common hidden line item in this industry.
| Mold type | What it covers | One-time fee | Reorders within 24 months |
|---|---|---|---|
| 2D standard | Flat relief, 1–2 levels, standard shapes | $80 – $150 | $0 |
| 2D complex | Fine lettering, cut-outs, tight tolerances | $120 – $180 | $0 |
| 3D simple | Single-level sculpted relief | $150 – $220 | $0 |
| 3D complex | Multi-level relief, spinner or hinged build | $220 – $300 | $0 |
The mold belongs to you. We store it at our cost for 24 months; after that we confirm
condition with you before any run. Full explanation of mold
fees →
Options that change the number
These are quoted on top of the unit price. Nothing here is mandatory, and nothing appears on your
invoice without your approval.
| Option | Typical cost | When buyers add it |
|---|---|---|
| Hard enamel (cloisonné) finish | +15–25% on unit price | Corporate awards, pieces that should feel like jewelry |
| Brass instead of zinc alloy | +20–30% on unit price | Heirloom coins, heavier hand feel |
| Dye-sublimated ribbon | +$0.30–$0.60 per piece | Sponsor logos or event colors on the ribbon |
| Woven jacquard ribbon | Quoted per design | Premium races, multi-year reorders |
| Custom backing card / velvet pouch / gift box | $0.25–$2.50 per piece | Corporate gifting, sponsor kits |
| Laser engraving (names, bib numbers) | Quoted per character count | Service awards, personalized finisher medals |
| Physical sample | $30–$50, credited 100% to the order | Anyone who has been burned by a color mismatch |
| Rush production | Quoted per project | Events inside 14 days |
How the money and the calendar line up
Production schedule
| Stage | Days |
|---|---|
| Mold cutting | 5 – 7 |
| Sampling (digital proof is inside 24h) | 3 – 5 |
| Mass production | 7 – 10 |
| QC and packing | 2 – 3 |
| Standard total | 18 – 25 |
| Rush total (quoted per project) | 10 – 12 |
| Transit to US (after dispatch) | 3 – 5 |
| Transit to Canada (after dispatch) | 5 – 8 |
Payment and what is not included
- 30–50% deposit at order confirmation to start tooling; balance before shipment.
- T/T, PayPal or card. Bank details on the proforma invoice, not in an email body.
- Prices are EXW/FOB. Freight, duties and taxes are quoted separately and itemized.
- US buyers: no federal VAT. Duties depend on the current tariff for HS 8306.30.
- Canadian buyers: GST/HST may apply on import, collected by the carrier.
- No cost is added after the quotation without written approval from you.
Quote accuracy note
Prices on this page are current as of January 2026. Metal and freight costs move;
your quotation locks the price for 30 days from issue.