Military Medal Value & Price Guide

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1939 Iron Cross 1st Class (EK1) – (“L/11” Wilhelm Deumer)
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Military medals represent a tangible link to the bravery and service of individuals across various global conflicts. These collectibles are highly valued by historians and numismatists for their intricate designs, historical significance, and the personal stories they commemorate.

Price Range: $45 - $50 based on recent sales

History of Military Medal

The tradition of awarding military medals dates back to antiquity, but the modern system of campaign and gallantry awards evolved significantly during the 19th century. In the United States, the Civil War saw the introduction of the Medal of Honor, while the World War I and World War II eras led to a massive expansion of service medals, such as the Victory Medals and the Bronze Star, to recognize the millions of citizens who served. Over time, these awards have transitioned from simple tokens of appreciation to highly regulated symbols of military achievement, each with specific criteria for eligibility and design. Collecting these items allows for a deep dive into the evolution of military honors and the changing landscape of global warfare.

Value Factors for Military Medal

The typical price range for Military Medal is $45 - $50 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

  • Rarity and scarcity of the specific award, particularly for high-level gallantry medals like the Iron Cross 1st Class.
  • The presence of original presentation cases, award certificates, or 'citations' that provide provenance.
  • Physical condition, including the preservation of the enamel, the crispness of the strike, and the lack of fraying on the ribbon.
  • Historical context, such as medals issued for specific famous battles or those belonging to notable military figures.

Tips for Buying Military Medal

  • Verify the authenticity of the ribbon and drape, as original silk ribbons are more valuable than modern synthetic replacements.
  • Check for naming or engravings on the rim or reverse, which can significantly increase value by linking the medal to a specific veteran.
  • Inspect the brooch style, such as wrap-around or slot brooches, to help date the medal to a specific era like WWII or the Korean War.
  • Beware of 'restrikes' or high-quality reproductions that are often sold as original period pieces to unsuspecting collectors.

Items in This Collection

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