Posts Tagged ‘s’

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United States Rare Coin Price


How many of the coins found in the Vault of the World Trade Center could get the label of a United States Rare Coin ? What would their prices be ? Well we know that the WTC 2001 $50 Gold Coin MS69 is seen selling on E-bay for as much as $12,000 and since the numbers found of this coin is very small I would say this coin will be a rare coin. Also the coins graded by PCGS from the World Trade Center as MS70 must be considered a united states rare coin. The 1994 $50 Gold MS69 also comes to mind for rare US coins from the the World Trade Center. Will the history of these coins make them united states rare coins and make their prices go up well we have already seen that, will they go up more with time I think we can all agree the answer is yes. Right now you can find the 2001 WTC $50 Gold coin on E-bay Click here for E-bay Listings.

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Coin Collector


Coin Collector wake up and discover these beautiful coins of history in our time, the WTC coins certified by PCGS as WTC Ground Zero Recovery. These coins are absolutely beautiful in their original American Flag pedigree insert by PCGS. These coins are our history and they are still available at prices where everybody can be a buyer at these price. If you wait many more years the only coins that will be available will be the silver eagles from the world trade center. Gold and Silver coins will be gone.

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WTC 2001 Silver Eagle Uncirculated

$1

Year 2001
Material Silver
PCGS Gem Uncirculated BU
Population Unknown

 

The 2001 silver eagle BU PCGS certified coin was the most common coin found at the vault under the world trade center. It took months to retrieve the coins from the sub-basement where the vault with these coins where located. Some special WTC 2001 Coin to look for would be coins found to display heat marks making the coin black in spots. These coins are often referred as "end roll coins" because they where the last or first coin in a role and these coins would have absorbed most of the destructive power of the falling buildings and the fire that burned at the world trade center. If anybody as any creditable information on population on this or any other coin talk about in this blog please post a comment or write me an email. Silver eagles

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The 9-11 Quarter A Tribute

Copy of LowerManhattanFromNj

In response to the terrorist attacks on September 11, patriotic collectors and a grading service joined forces to donate more than $40,000 to victims families.

By Mark Rush   Published in Numismatist

On Tuesday, September 11, 2001 at 9:30 AM on the Professional Coin Grading Service web site’s (www.pcgs.com) U.S. Coin message board, DcamMike1 posted: [i]

“Turn on any news!” Moments later pmh1nic posted “It’s looking like a terrorist attack. I heard a report that both planes had been hijacked but no word on from where.”

These first posts about the terrorist attacks were followed by others throughout the day. Swiftly posters’ feelings turned toward sympathy for the victims of the attack. Mitchell Spivack (Mitch), whose PCGS board nickname is “wondercoin,” posted a message with the heading, “Auction: 2001 NY State Quarter PCGS-MS67 Proceeds to Fire Fighters”

“It is a tragic day in the history of New York and our great country. … I have a really high end 2001(p) New York State Quarter grading PCGS-MS67. The coin goes to the high bidder at midnight tonight Eastern Time. The winning bid money will be mailed directly to the New York City Fire Fighters who are risking their lives to save the victims trapped in the debris. … Bidding starts at $1.00.” This post lead to an endeavor that resulted in 100 NY State quarters being graded, numbered, and encapsulated by PCGS with a special insert. More importantly, it also resulted in over $40,000 donated to the UFFA Widows and Childrens Fund. This article tells the story of these “9-11 quarters.”

Mitch’s auction ran for 7 1/2 hours. By midnight Steve Heller, whose nickname is “RegistryCoin,” made the winning bid of $125. Twenty minutes afterward, Steve posted

“Put the coin up again, Mitch. I donate it to the forum for another go.”

This time Mitch put up the coin in an auction that was scheduled to last until Friday.

groundzerounderworld460

On Wednesday, September 12, Mitch posted:

PCGS has just agreed to reholder this coin as the ‘911’ coin … PCGS also suggested they number this coin #1 and that I consider a series of 50 coins dedicated to the New York City Fire Fighters. …In the meantime, the winner of this auction closing Friday will receive this coin specially numbered ‘1’ with reference to ‘911’”

Immediately Mitch received a donation of 14 MS66 NY state quarters from an anonymous coin dealer who wanted the coins to be used as #2 - #15. The 9-11 coin project was off and running. Leading the endeavor were Mitch, Steve, who kept track of the coins’ owners, and cosmicdebris (Bill Hemenway), who kept track of the donations.[i]

Coin #1 received 27 bids in the three days it was up for auction. By Friday evening, Steve once again prevailed in a two-person bid off. For the same coin that he had three days ago donated to be auctioned a second time, Steve’s winning bid this time was $2,001. But on Tuesday, another collector, identified as “The Lake Tahoe

Interestingly, none of these three people have ever met another in person. All the communication has been done via the Internet and telephone.

Collection,” contacted Mitch and offered to buy the #1 coin for $2,250. Because this raised more money for the donation, Steve agreed. So the coin that initially sold for $125 wound up in The Lake Tahoe Collection for $2,250.

Seeing how well the auction for coin #1 was proceeding, Rick Montgomery, the then-President of PCGS, suggested to Mitch that the number of 9-11 quarters be increased from 50 to 100. Within a week, PCGS donated 50 MS65 quarters needed for coins #51 to #100 and helped locate some MS66 quarters.[i] Mitch found others searching through a bag he purchased. A few were purchased.

After coin #1 was sold, next up were coins #9 and #11, which were auctioned as a lot. RegistryCoin opened the bidding at $1,250. Within a few hours the bid was up to $1,400. The bidding crept higher until Bcsican won the coins on Sunday with a bid of $1,700.

Some PCGS board members posted concerns that they would be unable to buy any of these special coins because of the prices the coins commanded. By noon on Saturday, Mitch, conferring with Mr. Montgomery, decided to price coins #78 though #92 at $175 per coin, to be sold to whomever wanted to buy one.[ii] Within 20 minutes, Flying56eagle purchased coin #91. And within 4 hours all 15 coins had been purchased, many for more than the posted $175 price. The immediate sell out established a pattern: Low numbered and special numbered coins were auctioned while higher numbered coins were offered for a fixed price.[iii]

The first encapsulated 9-11 quarters were given to Mitch on Tuesday, September 18. Mitch sent a scan of the coin to cosmicdebris who posted the scan of coin #1 in its special 9-11 PCGS holder. Buyers of the 9-11 coins knew that PCGS would encapsulate the coins using a special PCGS insert. Remarkably, by the time the scan was available and posted, well over half of the 9-11 coins had been sold even though the donors had no idea what the insert would look like. The insert features a U.S. flag background with four lines of text: The first line has on it PCGS and the grade, for example “PCGS MS 66.” The second line identifies the coin as “NY Firefighters 9-11” and the third line states “PCGS Limited Edition”. The fourth line has the coin number, for example “#10/100”.[iv] The concept of the U.S. flag was developed by Miles Standish, the then-Vice-President of PCGS, who suggested using this insert for the 9-11 coins.

Not all the 9-11 coins were purchased by the members who received them. Flying56eagle (Ron Gue) and merz2 (Donald Merz) arranged for donations so that some of the coins could be given to other board members. They received enough donations so that three 9-11 quarters were donated: one to a PCGS board member who was unemployed at the time and two to young numismatists who were active participants on the PCGS board.[v] Also two of the quarters were given to board members who lost a family member in the terror attacks. Gerry, who lost a son, received coin #44 and Clevegreg, who lost a brother, received coin #59.

The PCGS board has hundreds of participants, covering a wide spectrum of beliefs. So, some of the posts and threads about the 9-11 quarters were negative. However, the negative posts were few and were vastly outweighed by the positive posts. Most board members adopted Mitch’s philosophy, eloquently expressed in a post he made on September 25:


The grades on the 100 coins vary. Coin #1 is graded MS67, coins #2 through #50 are MS66, and coins #51 through #100 are MS65.

Based on auction results, at the time the price of a PCGS encapsulated MS67 NY State quarter ranged between $130 to $150.

Coins #74 through #65 were $200; coins #64 through #60 were $250; coins #58 though #51 were $325; coins #49 through #45 were $350; coins #44 through #40 were $375; coins #39 through #35 were $400; coins #34 through #30 were $425; coins #29 through #26 were $450; and, coins #25 through #20 were $475.

A few months after the 9-11 coins were created, PCGS issued a limited series of New York state quarters graded and encapsulated in a holder with the American flag background. These were given to collectors who joined the PCGS Collector’s Club and have nothing to do with the 9-11 coin project. These coins, too, had four lines of text. The major difference is in the second line of text, which identifies the coins as “PCGS Collector’s Club” rather than “NY Firefighters 9-11” as on the 9-11 coins.

Don’s (Merz2) low-key assessment of his and Flying56eagle’s efforts typifies the generosity of spirit that existed throughout this endeavor: “What he and I did was done by many Americans, in their own way, all across our great nation.”

THIS IS NOT ABOUT GETTING A COIN IN SOMEONE'S COLLECTION.-THIS IS ABOUT RAISING AS MUCH MONEY FOR THE WIDOWS AND CHILDREN OF SLAIN FIREFIGHTERS AS WE CAN.

The auctions and sales continued until October 18, when Steve posted a simple message:

Closed. Thank you very much for your positive participation.

On October 22, Mitch posted a message from the UFFA Widows and Childrens Fund:

Subj: Thank-you on behalf of the Fire Fighters

Date: 10/22/2001 11:18:12 AM Pacific Daylight Time

On behalf of the Executive Board and members of the New York State Professional Fire Fighter's Association, Inc. I thank everyone who purchased a coin whose proceeds will go to the Uniformed Fire Fighters Association Widows and Children's Fund.

Sincerely,
Charles J. Morello

President

Collectively the members of the PCGS board contributed $42, 897.07 to the UFFA Widows and Childrens Fund. Steve Heller’s summary of his part in this venture is to the point: “I haven’t ever done anything else so ‘appropriate.’ All the forum members made it possible and all should have an everlasting pride.” Mitchell Spivack says, “Everyone helped out with this great deed and everyone who contributed will remember this forever. But what we gave was a small gesture compared to what the firefighters sacrificed.”

 

[1] Posters on the board use nicknames, such as DcamMike1. To keep with the spirit of the board, for the most part I identify participants using their nicknames.

[1] Interestingly, none of these three people have ever met another in person. All the communication has been done via the Internet and telephone.

[1] . The grades on the 100 coins vary. Coin #1 is graded MS67, coins #2 through #50 are MS66, and coins #51 through #100 are MS65.

[1] Based on auction results, at the time the price of a PCGS encapsulated MS67 NY State quarter ranged between $130 to $150.

[1] Coins #74 through #65 were $200; coins #64 through #60 were $250; coins #58 though #51 were $325; coins #49 through #45 were $350; coins #44 through #40 were $375; coins #39 through #35 were $400; coins #34 through #30 were $425; coins #29 through #26 were $450; and, coins #25 through #20 were $475.

[1] A few months after the 9-11 coins were created, PCGS issued a limited series of New York state quarters graded and encapsulated in a holder with the American flag background. These were given to collectors who joined the PCGS Collector’s Club and have nothing to do with the 9-11 coin project. These coins, too, had four lines of text. The major difference is in the second line of text, which identifies the coins as “PCGS Collector’s Club” rather than “NY Firefighters 9-11” as on the 9-11 coins.

[1] Don’s (Merz2) low-key assessment of his and Flying56eagle’s efforts typifies the generosity of spirit that existed throughout this endeavor: “What he and I did was done by many Americans, in their own way, all across our great nation.”

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WTC 1 of 269 5 Coin Set

10 5

25 50

silver

Year 2001
Material Silver and Gold
PCGS Certification Gem Uncirculated
Population 269 Sets

So the 1 of 269 was original a set of 5 coins the WTC $1 silver eagle, $5,$10,$25,$50 gold all coins in this set is from 2001.

This one set was up for auction in 2007 and all coins where sold individually.

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