US NAVY - USS TARAWA / CV-40 Challenge Coin. This is a great looking US NAVY - USS Tarawa (CV-40) commemorative challenge coin. Coin has reeded edges and is about 1 9/16" in diameter. All details are raised lettering. Coin is contained in an acrylic air tight holder. USS Tarawa (CV/CVA/CVS-40, AVT-12) was one of 24 Essex-class aircraft carriers built during and shortly after World War II for the United States Navy. The ship was the first US Navy ship to bear the name, and was named for the bloody 1943 Battle of Tarawa. Tarawa was commissioned in December 1945, too late to serve in World War II. After serving a short time in the Far East, she was decommissioned in 1949. She was soon recommissioned after the Korean War began, serving in the Atlantic as a replacement for carriers sent to Korea. In the early 1950s, she was redesignated an attack carrier (CVA) and then an antisubmarine warfare carrier (CVS). Except for one tour in the Far East, she spent her entire second career operating in the Atlantic and Caribbean. Unlike many of her sisters, Tarawa received no major modernizations, and thus throughout her career retained the classic appearance of a World War II Essex-class ship. She was decommissioned in 1960, and while in reserve was redesignated an aircraft transport (AVT). She was sold for scrap in 1968.