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V4 2001 INDEX
E-SYLUM ARCHIVE
The E-Sylum: Volume 4, Number 48, November 25, 2001, Article 9
MILITARY "COINS"
Alan Luedeking writes: "An article in the Wall Street Journal
of August 6, 2001 described the growing practice in the U.S.
military of handing out "coins" as souvenirs and tokens of
appreciation (literally) for a job well done. This tradition is
said to have begun in the 1960's with the 10th Special Forces
Group, a unit of the Green Berets.
I found it interesting that each federal entity formulates its own
rules concerning their design and distribution, and that at Fort
Stewart, Georgia anybody under the rank of colonel cannot use
federal funds to pay for the making of theirs. Some small units
resort to flipping hamburgers and sponsoring car washes to pay
for theirs. It's said most soldiers value receiving these more than
a "real" medal or ribbon, and that some individuals have paid
for theirs out of their own pockets (Defense Secretary Rumsfeld,
for instance, who is said to hand them out "much, much more
sparingly" than his predecessor William Cohen [according to
Rear Adm. Craig Quigley]).
Although the article implied that only the Army and Air Force
practice this tradition widely, the photographs showed one
for the Navy (for the U.S.S. Coronado) and one for the Office
of the Director of the U. S. Secret Service. What disturbed me
a bit was that the value of these pieces has become so widely
recognized that now executives of Raytheon and General
Dynamics hand their own out to military clients, and even
Pentagon correspondents (Jamie McIntyre of CNN, for instance)
hand them out. This would appear to dilute the "purity" of the
tradition. Are there any unwritten rules at all? It was mentioned
that these "coins" regularly trade on eBay, so clearly they've
become a global collectible. If Clinton's collection numbers
over 500 different pieces, and generals like Hugh Shelton and
Shinseki report that theirs have even been counterfeited, this
clearly begs for more information. Is there is any comprehensive
catalog out there?"
Wayne Homren, Editor
The Numismatic Bibliomania Society is a non-profit organization
promoting numismatic literature. See our web site at coinbooks.org.
To submit items for publication in The E-Sylum, write to the Editor
at this address: whomren@coinlibrary.com
To subscribe go to: https://my.binhost.com/lists/listinfo/esylum
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