There's a 9/11 commemorative coin made from "silver" reextended from the ashes of the World Trade Center. But it just has around 25 cents worth of silver, it doesn't go towards the 9/11 memorial, and it's made by the civilization that carried you 'The Bedazzler'...that thing that adds rhinestones to your garments. Read even more and also see the original TV ad on the following page.
A coin commemorating the 10th anniversary of the Sept. 11, 2001, terror assaults is drawing the ire of consumers and political leaders that have actually learned that the coin may be simply a worthless trinket that has no affiliation through the US government and also does not benefit the 9/11 Memorial, FOXNews.com reported Thursday.
You are watching: World trade center commemorative coin value
Katie Smith and also John Shughart of Carlisle, Pa., assumed they were buying a pricemuch less item of background, but the coin they bought may not have actually also a cent of worth.
The couple dubbed a 1-800 number and ordered a 9/11 Tenth Anniversary Commemorative Coin after seeing a commercial on TV. The commercial clintends the coin has "sculptures of the USS New York and also the World Trade Center towers, inset via jeweler precision on its obverse, each entirely clad in 0.999 pure silver actually respanned from beneath the ashes of Ground Zero."
Smith and also Shughart thought the coin was sanctioned by the US federal government. They thought they could assist rebuild the World Trade Center for the low, low price of just $29.95. Turns out, none of that is true.
Smith and also Shughart filed a complaint through the Better Firm Bureau and found out they were not alone.
The Better Business Bureau provides The National Collector's Mint an "F" rating for assorted complaints around the company's marketing and billing practices and its 9/11 Tenth Anniversary Coin.
"It's nopoint more than worthless bric-a-brac that has actually no value and also no connection to the 9/11 memorial or the federal federal government. But you wouldn't know it by watching their commercial," shelp New York Democrat Sen. Charles Schumer.
Schumer and New York Rep. Jerrold Nadler (D) have actually referred to as on the Federal Trade Commission (FTC) to shut dvery own The National Collector's Mint.
"We agree that these allegations are enormously troubling, and also will certainly identify what activity by this company may be proper," FTC Chairguy Jon Leibowitz said.
The National Collector's Mint is based in Port Chester, N.Y. The president and CEO is Avram Freedberg, who, coin appraisers say, is pocketing significant change from that $29.95.
Kevin Shary of Gold Mine Appraisals in Mechanicsburg, Pa., said based upon the medallion's valuable metal content, it is worth around 25 cents.
See more: Prayer To St Alphonsus Patron Saint Of Arthritis Sufferers, Category Archives: Arthritis
"Tbelow is possibly an ounce of silver and also copper there, that's perhaps what? A quarter?" Shary sassist. "It might be worth a quarter."
Freedberg, that when marketed the as-seen-on-TV product "The Initial BeDazzler," refused to sheight to FOXNews.com.
However, Freedberg stood by his product, saying in a statement: "The company's television commercials accurately and also entirely describe the commemorative medallions being available for sale."