Medals and Decorations

What is the most rare military medal?

There is no single answer to which military medal is the rarest. Here is how collectors measure rarity, and which awards are usually cited as the rarest.

On this page
  1. The short answer
  2. How rarity is measured
  3. Rare US awards
  4. Rare international awards
  5. Why rare does not always mean valuable
  6. How to check a rarity claim
  7. Related reading

The short answer

There is no single agreed answer to which military medal is the rarest. Rarity depends on how it is measured, and sources often count different things. Some of the scarcest awards are small-issue or commemorative pieces. Others are famous, such as the Victoria Cross, and are rare in total but not extremely so.

How rarity is measured

  • Total recipients: the number of people who received an award. This is the most common measure, though older counts can be hard to verify.
  • Issued versus approved: some awards were approved but few or none were made.
  • Commemorative versus operational: a medal struck for a single event or expedition may exist in very small numbers.
  • Variant designs: an award can exist in a special design for one branch or period, and that version can be scarce even when the award as a whole is not.
  • Surviving examples: a medal that was once common may survive in only a few examples, which affects what collectors see on the market.

Rare US awards

The Medal of Honor is awarded only for the highest gallantry. Roughly 3,500 have been awarded since the Civil War, when the Army and Navy versions were created. That makes it rare by any standard, though it is not usually described as the rarest US decoration. Its design varies by branch, and some older variants are scarcer than the others.

The Coast Guard Cross was created in 2010. Because it is a recent award, it has been given relatively few times. Check the official record before stating an exact number.

Some commemorative and expedition awards were produced in small numbers. Verify the recipient count for any of these before calling one the rarest.

Rare international awards

  • Victoria Cross: instituted in 1856. Roughly 1,350 have been awarded in total. It is extremely prestigious but is not the rarest by count.
  • Victoria Cross for Australia: instituted in 1991 and awarded only a handful of times. It is one of the scarcest gallantry awards in the Commonwealth.
  • Pour le Mérite: Prussia’s highest military order. It was awarded in relatively small numbers and ended after the First World War.

Why rare does not always mean valuable

A rare award is not automatically expensive. Value depends on demand, documentation and condition. A rare medal with no named recipient and no paperwork may sell for less than a well-documented group of common medals. For the factors that set price, see military medal values.

How to check a rarity claim

  • Ask where the number came from. Official records, museum collections and well-regarded reference books are stronger sources than social media posts.
  • Be cautious with listings that call a medal rare without giving a source.
  • Compare the claim with a recognized reference or a specialist before you accept it.

The complete guide to medals and decorations

Military Decorations and Medals: A Collector's Guide
Read the guide

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