A "Coin Check" consists of a Challenge and a Response
A. The challenge is initiated by drawing your coin, holding it in the air and verbally acknowledging that you are initiating a coin check. Another, but less vocal method is to firmly place it on an available surface. If you accidentally drop your coin and it makes an audible sound upon impact, then you have just "accidentally" initiated a coin check. (This is called paying the price for improper care of your coin).
B. The response consists of all those persons being challenged drawing their coin in a like manner (other organizational coins are invalid). You must produce a coin within 60 seconds.
C. If you are challenged and are unable to properly respond, you must, in the tradition of the history lesson, buy a round of drinks (does not have to be an alcoholic beverage) for the challenger and the group being challenged.
D. If everyone being challenged responds in the correct manner, the challenger must buy a round of drinks (again, does not have to be an alcoholic beverage) for all those people he challenged.
WHEN - WHERE:
A. Coin checks are permitted, ANY TIME, ANY PLACE!
A. There are no exceptions to the rules. They apply to those clothed or unclothed. At the time of the challenge you are permitted one step and an arm reach to locate your coin. If you still cannot reach it -- SORRY ABOUT THAT!
A COIN IS A COIN:
A. Coins attached on belt buckles are considered "belt buckles".
B. Coins on key chains are considered "key chains".
C. Coins placed in a "holder/clasp" and worn around the neck like a necklace are valid and are considered a coin.
NEVER be caught without your submarine coin.
Please drink responsibly and always appoint a designated driver.