Military Medal Collecting and the Stolen Valor Act 2005 - Collectors of US War Medals Beware!

Military medals are highly collectible and yet careenemy or conduct above and beyond the call of
needs to be taken when considering their sale orduty.
purchase. There are no restrictions in the sale ofThe highest award in the British Army is the Victoria
British Army medals, for example, and yet the sameCross and some of the more famous ones awarded
cannot be said of U.S. Army medals. A distinctioncan be seen in either the Imperial War Museum or
needs to be made between service medals andthe National Army Museum. The sale of the Victoria
gallantry medals. The sale of service medals is legalCross is not illegal under British Law and so there are
but the sale of gallantry medals, on the face of it, issome large collections of Victoria Crosses in private
not and could land you with a large fine and possiblyhands. Rarely does a Victoria Cross come up for sale
even a prison sentence.at auction but when it does the hammer price will
Service medals are awarded to all servicemen inusually exceed $120,000.00.
recognition of their service in a particular theater ofIn the U.S. Army the highest award for gallantry is
war or campaign. Simply being there is enough tothe Medal of Honor, awarded to a serviceman who
qualify for the medal although in saying that I shoulddistinguishes himself "...conspicuously by gallantry and
clarify that I am in no way seeking to belittle theintrepidity at the risk of his life above and beyond
contribution made by all servicemen and womenthe call of duty while engaged in an action against an
when on active service.enemy of the United States." It can also be awarded
Gallantry medals on the other hand are awarded forto service women, of course.
acts of conspicuous bravery in the face of the