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Antique Medals Dated 1940 - 1960

Antique medals are small metallic discs or crosses issued by governments and institutions to recognise military service, civilian gallantry, or commemorate significant historical events, originally designed to be worn on uniforms or kept in presentation cases as a lasting physical record of personal or national achievement. Read full guide ↓

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Antique Medals Dated 1940 - 1960

A 2026 Guide by Sellingantiques

1. Military Origins

Campaign medals became standard issue in Britain after the Battle of Waterloo.

Earlier conflicts often saw only senior officers receive gold awards.

Look for commemorative antique medals marking coronations or jubilees.

Victorian expansion led to numerous distinct campaign stars and clasps being established to recognise service in specific colonial conflicts.

2. Mints And Medallists

The Royal Mint struck the vast majority of official British campaign awards throughout the nineteenth and twentieth centuries.

William Wyon served as Chief Engraver from 1828.

Private firms like Spink produced unofficial commemorative pieces and mounted dress sets for officers.

Vintage Golf 'Golfer' Medal Medallion Pendant Dated 1945

Vintage Golf 'Golfer' Medal Medallion Pendant Dated 1945, 1940
Priced at £135 from Lancastrian Jewellers

3. Retail Price Guide 2026 for Antique Medals

The 2026 retail price guide for Antique Medals is drawn from a proprietary archive of over 1.1 million retail prices indexed by Sellingantiques since 2003. This guide relies exclusively on their own internal data; no external sources or auction records are used.

Analysing nearly 25 years of UK antique market history alongside current retail values, the data indicates that typical UK retail prices for Antique Medals range between £200 and £2,000. Entry-level prices generally fall under £200 and premium examples upwards of £2,000.

2026 Retail Market Price Guide for Antique Medals

Entry-level Under £200
Typical Prices £200 - £2,000
Premium Examples Over £2,000

4. Naming And Clasps

Impressed or engraved details on the rim usually record the recipient rank, name, and regiment.

Bars attached to the suspender indicate participation in specific battles or phases of a campaign.

The obverse normally carries the profile of the reigning monarch at the time the award was instituted.

5. Metals And Finishes

Materials

  • Solid silver and bronze form the bulk of military issue pieces.
  • Check the ribbons.
  • Silk was the standard fabric, but many surviving examples have modern synthetic replacements.
  • Enamel work often features on gallantry awards and orders of chivalry to provide coloured details against the raw metal.
French Emile Dropsy Virgin Mary 18K Yellow Gold Medal Pendant

French Emile Dropsy Virgin Mary 18k Yellow Gold Medal Pendant, 1910
Priced at £1,850 from ShinyPrettyThings Ltd

6. Striking And Mounting

Early pieces were cast in moulds and hand-finished by jewellers.

Steam-powered presses later stamped blank metal discs with steel dies.

Mounting styles changed from loose rings to straight rigid suspenders as wearing multiple awards became standard practice.

7. Dealer Terminology

Glossary

  • Planchet refers to the main metal disc of the medal itself.
  • A suspender is the metal fitting attached to the top edge.
  • Obverse means the front face, usually bearing the sovereign head.
  • Turn it over to see the reverse.
  • Exergue describes the small space at the bottom of the reverse design, often holding a date.

8. Things You Probably Didn't Know About Antique Medals

"Some specific clasps were authorised for actions where no actual fighting took place."

"Next of kin received bronze memorial plaques instead of standard discs to commemorate soldiers who died in the First World War."

"Merchant navy sailors were eligible for campaign stars alongside regular military personnel during major global conflicts."

9. Rarity Index

Sellingantiques Rarity Index

Based on almost 25 years of Sellingantiques UK antique market data, Antique Medals appeared 527 times (out of 1,100,000 antiques) which gives it a rarity score of 90/100.

This score measures scarcity within the Sellingantiques archive only and is not a survey of the entire antiques market, so these statistics may not be indicative of the general availability of Antique Medals elsewhere.

Antique Medals - have a rarity score of 90/100
Very Common Exceptionally Rare

10. Frequently Asked Questions

You generally leave them alone. Water and modern detergents can destroy antique silk in seconds, washing out the original dyes and weakening the fibres.

If a ribbon is brittle or fraying, store the piece flat in a dry environment. Some collectors replace ruined ribbons with modern equivalents, but the soiled original fabric tells the physical story of the object.

Impressing machines stamped the recipient details onto the edge of the planchet before the suspender was fitted. The operator simply placed the disc into the machine without checking the orientation of the head.

Upside down naming is a standard variation found across millions of issued military awards. It has no bearing on the history of the piece.

A small bronze oak leaf attached to the ribbon indicates that the recipient was mentioned in despatches. This means a senior commander specifically noted their good conduct in an official report.

Only one leaf was worn per ribbon, even if the individual received multiple mentions during that specific campaign. They are easily lost, so you often find ribbons with just the small pin holes remaining.

Regulations dictated the maximum width a row of medals could occupy on a uniform tunic. As veterans accumulated more awards, they had to overlap the ribbons to keep the group within the mandated space.

Court mounting, where the ribbon extends down behind the medal to keep it rigid, also dictates how tightly they sit together. Groups mounted for wear by private tailors often show slight variations in spacing.

Please note: This Antique Medals guide and its associated pricing data are provided for general informational purposes only. It does not constitute formal financial, investment, or appraisal advice and should not be relied upon as the sole basis for any commercial activity, purchasing, or sales decisions. Sellingantiques.co.uk accepts no liability for any actions taken in reliance on this information. Always consult with a qualified professional or independent appraiser.

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