The person who first introduced the squadron coin would have never thought of its such popularity today.
The custom of these coins has become the part of majority of the other organizations as well in order to enhance the feelings of brotherhood and boost up the morale of the members. Organizations also reward the members with honor for maintaining excellent conduct by the means of these coins.

There are different stories related with the origin of these coins; some says that it started during the time of Vietnam War when the American soldiers who narrowly saved their lives just because of the lucky ordnance they had at that time. There was no need of these coins until the time when soldiers used to carry just the small bullets and small bombs with them but the proviso was made when the soldiers started carrying heavy weapons. To ensure the possession of these ordnances there was the custom of challenging introduced according to which when the soldiers visit the bar, everyone needs to have this coin and if anyone doesn't have it then had to pay for the drinks. On one side unit coins bring lot of ease for the soldiers but on the other hand a soldier has to bear the expenses of the drinks if one fails to show them.

This method of instilling the loyalty and confidence among the members was too liked by navy officers and so they also adopted this custom of distributing navy command coins or navy coins. With this squadron coin the sense of loyalty and brotherhood developed among the unit members. These navy coins are also used for the purpose to give honor to the serviceman who offered distinguished services and maintained good code of conduct. These coins have the great significance for the active service persons and retired people and they display these medals in their drawing room cabinets.

Sensing the importance and significance of these coins, many businesses have started to get promotional coins manufactured to celebrate or mark any special event. These promotional coins serve as the binding force between the members of the organization. Apart from sentimental value, these coins have the monetary value as well so these coins are kept with pride by the recipients.

This business has become really profitable one and so many companies have entered into this coin manufacturing business and you may find number of them at the internet. Even the people now are more interested in making collections of these coins and if you are one of them then you may find the source at the internet. There is a difference of opinion about these coins acquiring among the two groups of people; one says that they should only be earned as they are the matter of respect but others don't feel any problem in purchasing them. These navy command coins may also be purchased for the purpose to reward to any of navy retired uncle to honor him.