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WTC gold coin set

I have an opportunity to purchase a set of 4 WTC gold recovery coins. I was hoping to get some feedback from a few experienced collectors before I commit myself to the sale. The set includes an eagle, a nugget, a leaf, and a krugerrand. They're all PCGS BU, save for the eagle, which is MS69. The price I've been given is in the thousands...seems high. I've seen PCGS silver from the trade center at $100. I do not intend to buy these coins to make a profit, I'm Navy and have a deep respect for the cause. Much thanks to anyone who can give me some info on this set.

Comments

  • lordmarcovanlordmarcovan Posts: 43,673 ✭✭✭✭✭
    Hi, and welcome to the forums.


    I don't think I would pay a huge premium for the WTC recovery pedigree, but that's just me. Maybe a small premium over the normal price for such coins.

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  • nederveitnederveit Posts: 1,038 ✭✭✭
    I posted a similar question some time ago.....responses were pretty consistent:

    WTC Thread
  • nederveitnederveit Posts: 1,038 ✭✭✭
    Oh yeah, and welcome TheDon!!

    image
  • richbeatrichbeat Posts: 2,288
    Welcome aboard! image
  • lordmarcovanlordmarcovan Posts: 43,673 ✭✭✭✭✭
    I'm not one of those who thinks the WTC pedigree is tasteless, though. After all, it is an event in American history, albeit a tragic one. Generations from now, the sting of the tragedy will have subsided but the interest in the event will not have.

    My friend has a contemporary "Remember the Maine" plaque in his kitchen. Attached to it are two Barber dimes I assume were supposedly recovered from the wreck of the battleship Maine. The sinking of the Maine was a similar event which shocked the nation and sent it to war. But let's look at it now, 106 years later. Isn't it kind of neat that my friend has some Barber dimes from the wreck? (Assuming the coins really are from the wreck- I see no other reason for their being affixed to the plaque, which is really an ornamental metal trivet of some sort.) I'll bet the person who sold that plaque/trivet thingie (and soldered the dimes on) wasn't shouted at for being tasteless at the time.

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  • Thanks for the welcome! I've visited your page, very cool.
  • Thanks for the welcome! This site seems like one of the best.
  • Welcome to the boards!
    There are 10 types of people in this world. Those who know binary and those who don't.
  • lordmarcovanlordmarcovan Posts: 43,673 ✭✭✭✭✭
    Thanks for the welcome! This site seems like one of the best.

    This site is THE best. image

    Explore collections of lordmarcovan on CollecOnline, management, safe-keeping, sharing and valuation solution for art piece and collectibles.
  • MacCoinMacCoin Posts: 2,544 ✭✭
    I'm not to big on wtc coins and don't plan to buy any.
    image


    I hate it when you see my post before I can edit the spelling.

    Always looking for nice type coins

    my local dealer
  • Can you really trust the pedigree of some of these things ?
    a small premium would be ok because of the holder,maple leafs and krugs sell for slightly over melt i think.
    image
  • trozautrozau Posts: 3,455 ✭✭✭
    Check out eBay for completed auctions to get a feel for the market price. I would say that only the eagle with a 2001 year would have a good premium (non-2001 would have less premium and the non-eagles should even be lower). Assuming they are all 1 ouncers, over $2500 would be high (JMO). Oh yeah, welcome! image
    trozau (troy ounce gold)
  • MadMartyMadMarty Posts: 16,697 ✭✭✭
    Search under "Death Coins"... I will not buy any WTC coins. Also I will not buy any Jessica Lynch coins!!
    It is not exactly cheating, I prefer to consider it creative problem solving!!!

  • XpipedreamRXpipedreamR Posts: 8,059 ✭✭
    I think they're rather tasteless, and by buying them, you're helping some cheesy loser to profit off this. And I guess only time will tell the value of this "pedigree."


    I suppose since you're not buying them to profit, but for sentimental reasons, the exorbitant markup isn't as big of an issue. But I still wouldn't recommend them.






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    edited for typoimage
  • BillJonesBillJones Posts: 34,540 ✭✭✭✭✭
    I won't buy, sell or trade any of these death coins. I think that selling them at a premium beyond their usual value is tasteless.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • image
  • BillJonesBillJones Posts: 34,540 ✭✭✭✭✭
    I as an American cannot look at those images and then justify making a profit from what happened that day.

    Everyone who is waivering in their support of the War on Terror should be reminded of that day by these images.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • Conder101Conder101 Posts: 10,536


    << <i>They're all PCGS BU, save for the eagle, which is MS69. >>


    Only the Eagle is from PCGS. The other three are from Collectors Universe. Collectors Universe owns PCGS and they slabbed the WTC coins under their name in PCGS slab shells.
  • Will anyone feel strongly about a WTC pedigree 20 or 30 years from now? I don't think those coins will increase in value because of their origin.

    When thinking about the WTC pedigree, I ask myself, if there were such a thing, "would I buy an Oklahoma City Murrah Federal Building coin?" After all, those folks too were victims of a terrorist attack, right?

    My answer is "no" to a purchase in each case.
    "A happy person is not a person in a certain set of circumstances, but rather a person with a certain set of attitudes"--Hugh Downs
  • In my opinion these items have no more value than their 'non-pedigree' counterparts. Keep the extra cash you save and buy your girlfriend/wife something nice.
    image
    "It's hard to be religious when certain people are never incinerated by bolts of lightning."
    - Calvin
    "Why waste time learning, when ignorance is instantaneous?"
    - Hobbes
  • lordmarcovanlordmarcovan Posts: 43,673 ✭✭✭✭✭
    Remember the Maine.

    Explore collections of lordmarcovan on CollecOnline, management, safe-keeping, sharing and valuation solution for art piece and collectibles.
  • WeissWeiss Posts: 9,942 ✭✭✭✭✭
    Gotta disagree with the majority. What happened on 9-11 effected all of us. Like most of us, I was pretty depressed for several months following the attack.

    But we survived. New York survived. America survived. It isn't so much a "phoenix from the ashes" thing as it is something about not being able to destroy us in the first place. I bought a Collector's Universe WTC SAE right after they hit the 2ndary market. And I love it. It was there, at ground zero, on 9-11. It says "United States of America" on it. Lady Liberty walks in the sun, draped in a flag. She's as beautiful today as she was the day she was made. And they couldn't destroy her.

    I've been a coin collector for longer than anything in my life (since I was 4 or 5, I'm 35 now). It's more of a part of me than anything else. So this was a real connection to the tragedy. But more importanty, it represents the survival. Like the slab says:
    WTC Ground Zero recovery.

    image
    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
  • trozautrozau Posts: 3,455 ✭✭✭


    << <i>Gotta disagree with the majority. What happened on 9-11 effected all of us. Like most of us, I was pretty depressed for several months following the attack.

    But we survived. New York survived. America survived. It isn't so much a "phoenix from the ashes" thing as it is something about not being able to destroy us in the first place. I bought a Collector's Universe WTC SAE right after they hit the 2ndary market. And I love it. It was there, at ground zero, on 9-11. It says "United States of America" on it. Lady Liberty walks in the sun, draped in a flag. She's as beautiful today as she was the day she was made. And they couldn't destroy her.

    I've been a coin collector for longer than anything in my life (since I was 4 or 5, I'm 35 now). It's more of a part of me than anything else. So this was a real connection to the tragedy. But more importanty, it represents the survival. Like the slab says:
    WTC Ground Zero recovery.

    image >>


    They are not the majority at all. It is just that most of us who do acquire the WTC recovery coins are more low keyed. image
    trozau (troy ounce gold)
  • BillJonesBillJones Posts: 34,540 ✭✭✭✭✭


    << <i>Remember the Maine. >>



    The trouble is the sinking of the Maine evidence points to an accident. We all know who was responsible for 9/11, and the barbarians who planned it are proud of it. image
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • lordmarcovanlordmarcovan Posts: 43,673 ✭✭✭✭✭


    << <i>The trouble is the sinking of the Maine evidence points to an accident. >>



    It didn't in 1898!

    Explore collections of lordmarcovan on CollecOnline, management, safe-keeping, sharing and valuation solution for art piece and collectibles.
  • BillJonesBillJones Posts: 34,540 ✭✭✭✭✭


    << <i>It didn't in 1898! >>



    Well in 1898 the country was engaged in what could politely be called "imperialism." Some folks had had their eyes on making a Cuba a territory or state since before the Civil War, and the idea of starting up an Asian empire looking interesting too. Spain was weak and looking ready for the taking so what could be wrong with “a splendid little war?”

    And besides look at it this way, we got President Teddy Roosevelt out of the deal. If he had not become a war hero for the charge he led up San Juan Hill, he probably would not have been elected Governor of New York. And if he had not been elected Governor of New York, the Republican politicians would not have been so anxious to get that “pesky honest reformer” out of New York politics and into the “dead end” Vice Presidential position.

    All at once Teddy became “the mad man who was a heart beat away from the presidency.” And then through a stroke of fate Roosevelt became in the words of William McKinley’s campaign manager, Mark Hanna, “the damn cowboy” who was now the President of the United States.

    History can take some interesting turns.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?

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