World War I Victory Medal Value Guide

The World War I Victory Medal is a cornerstone of American militaria, designed by renowned sculptor James Earle Fraser to honor service between 1917 and 1918. Its historical significance is anchored in its wide distribution to Great War veterans, often featuring specific service clasps that document individual campaign participation.

What Is World War I Victory Medal Worth?

The typical price range for World War I Victory Medal is $40 - $80 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

• The number and rarity of attached service clasps significantly increase the market value.
• The physical condition of the bronze patina and the original silk rainbow ribbon.
• Presence of the original box of issue or accompanying veteran documentation.
• Specific campaign designations on the clasps, such as Meuse-Argonne or Defensive Sector.

How to Identify World War I Victory Medal?

• Look for the distinct winged Victory figure on the obverse holding a sword and shield.
• Verify the bronze material and the 'The Great War for Civilization' inscription on the reverse.
• Check for the presence of official bronze service clasps mounted on the rainbow-colored ribbon.
• Examine the designer's mark or signature style attributed to James Earle Fraser.

History of World War I Victory Medal

The U.S. World War I Victory Medal was issued after the Great War to recognize military service between 1917 and 1918. Designed by sculptor James Earle Fraser, the medal’s obverse shows a winged Victory; it was widely distributed to veterans and often mounted with service clasps indicating theaters or campaigns. Over the decades the medal has become a common collectible for militaria enthusiasts and descendants of WWI veterans.