From today's Jack Kelley devotional:

Q.  When the prodigal returned, his father welcomed him with open arms. But, there is no example of his father giving him another inheritance. Does this mean that when we fall out of fellowship with Christ that we lose any crowns we may have earned and they will not be restored upon repentance but will have to earn them anew?

A.  The parable of the prodigal son describes our earthly relationship with the Lord, and shows the restoration that comes from confession.  It has nothing to do with our inheritance, which is guaranteed from the moment we believe (Ephes 1:13-14).  The prodigal’s immediate restoration to his former position in his father’s house is evidence of this, and shows that in his father’s view he had never lost it.  Also, I don’t think crowns and inheritance should be compared, since one is earned while the other is freely given.

I do think it is fair to say that we don’t earn crowns while we’re out of fellowship because in John 15:5 Jesus said, “Apart from Me you can do nothing.”  

In Rev. 3:11 Jesus told the Church at Philadelphia (a model of the evangelical Church) that He’s coming soon and to hold on to what we have so that no one will take our crown.  Since crown is singular, I take that to mean the crown of righteousness which the Lord will award to those who have longed for His appearing (2 Tim. 4:8).  I think He meant that if we grow tired of waiting and no longer long for the rapture we will disqualify ourselves where this crown is concerned because it’s given on the basis of perseverance.

fair use for educational and discussion purposes

http://gracethrufaith.com/ask-a-bible-teacher/losing-our-crowns/

I heard somewhere that there is a watchers crown also, any thoughts?

Here's a link that explains the types of Crowns......

http://so4j.com/five-crowns-rewards-in-heaven.php

also:

http://www.truthortradition.com/modules.php?name=News&file=article&sid=307

There are five crowns in Scripture:

"Fair Use for Education and Discussion Purposes"

The Crown of Life - Reward for faithfulness, even unto death:

    James 1:12 Blessed is the man who endures temptation; for when he has been approved, he will receive the crown of life which the Lord has promised to those who love Him.

    Revelation 2:10 Do not fear any of those things which you are about to suffer. Indeed, the devil is about to throw some of you into prison, that you may be tested, and you will have tribulation ten days. Be faithful until death, and I will give you the crown of life.

The Incorruptible Crown - Reward for living set apart for the Lord and from the world:

    1 Corinthians 9:24-25 ... Do you not know that those who run in a race all run, but one receives the prize? Run in such a way that you may obtain it. And everyone who competes for the prize is temperate in all things. Now they do it to obtain a perishable crown, but we for an imperishable crown.

The Crown of Rejoicing - Reward for sharing the Gospel that leads to others accepting Christ:

    1 Thessalonians 2:17-20 But we, brethren, having been taken away from you for a short time in presence, not in heart, endeavored more eagerly to see your face with great desire. Therefore we wanted to come to you-even I, Paul, time and again-but Satan hindered us. For what is our hope, or joy, or crown of rejoicing? Is it not even you in the presence of our Lord Jesus Christ at His coming? For you are our glory and joy.

    Philippians 4:1 Therefore, my beloved and longed-for brethren, my joy and crown, so stand fast in the Lord, beloved.

The Crown of Glory - Reward for leading and ministering to other believers:

    1 Peter 5:2-4 Shepherd the flock of God which is among you, serving as overseers, not by compulsion but willingly, not for dishonest gain but eagerly; nor as being lords over those entrusted to you, but being examples to the flock; and when the Chief Shepherd appears, you will receive the crown of glory that does not fade away.

The Crown of Righteousness - Reward for those who have devotion to watching, as they fervently anticipate the return of Jesus:

    2 Timothy 4:8 Finally, there is laid up for me the crown of righteousness, which the Lord, the righteous Judge, will give to me on that Day, and not to me only but also to all who have loved His appearing.

http://www.trackingbibleprophecy.org/rapture2.php#bema

Then in the presence of His awesome glory, we will bow down and cast our crowns at His feet! 

You can come now Lord, we are so very very ready!

Amen David.  Are we not told to lay up treasures in heaven.  Crowns might qualify. 
 

Love & blessings...Tender Reed