Step 1
Create a new document, apply a Layer Style on the background layer. Add a Gradient Overlay from black to a dark brown (#443501).
Step 2
Create a new Layer and apply Filter>Texture>Texturizer. Make sure that the foreground color is white and the background is black. After that, change the Blend Mode to Multiply.
Step 3
Add some text. I used Times New Roman, and for the “A” I used the “V” letter and flipped it vertically and horizontally.
Step 4
Now we start creating our gold layer style. We’ll set up the Gradient Overlay first, as shown below.
Step 5
Now we’ll add a Stroke. For the Fill Type use Gradient. The position of the gradient will vary for different typefaces, so experiment and see what looks good.
Step 6
Add Bevel and Emboss, as shown below.
Step 7
Finally, add some Shadow, again following the specs below.
Conclusion
This a very nice example of how powerful Layer Styles are in Photoshop. Sometimes just changing some values can create a totally different effect. For this tutorial I created gold, but if you change the gradient color to variations of grey you will have silver instead of gold.
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