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 Replies: 19 / Views: 2,836 |
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Pillar of the Community
United States
1064 Posts |
What is it exactly that they are selling? A special ASE? |
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Bedrock of the Community
United States
12437 Posts |
The COMEX vaults were relatively unscathed, just covered in debris. I believe they were finally dug out in November.
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Pillar of the Community
United States
3755 Posts |
I am a retired firefighter. I find NOTHING wrong with these being sold, regardless of where the money goes. There is absolutely no reason to be outraged IMO. Its not like they are selling personal items recovered or pieces of fire trucks or the like. These were investment coins to start with and thats what they are now.
and as pointed out, flesh and bone burnes to ash in the fires involvedand said flesh and bone was not protected. There were no remains of most victims to be recovered. Fire proof vaults do work.
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Bedrock of the Community
 United States
12839 Posts |
Here's a link: http://www.hsn.com/cnt/search/searc...m=&o=esearchHope that works. And on the HSN site, they're listed at $399, not $499. While it feels a bit opportunistic given the timing, as others have said, I don't really see anything wrong with selling them. They were in fact in a vault under the towers which makes it a pretty interesting collectible, especially for those with vivid memories of that horrible time. I, too, would also like to think that part of the proceeds went to benefit first responders' and victims' families charities (would actually entice me to buy one), but I see nothing like that on the HSN link. |
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Pillar of the Community
United States
2448 Posts |
Call me naive, but I thought only bullion bars were stored in the WTC.  |
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Pillar of the Community
United States
1510 Posts |
and how can they PROVE they were there? certs of authenticity can be faked.
Retired USAF 1983-2003
Edited by Coinstar
09/12/2011 12:06 pm
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Bedrock of the Community
United States
12839 Posts |
They're graded by PCGS and the slab label specifies "WTC Ground Zero Recovery".
I guess if you don't trust PCGS...
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Pillar of the Community
United States
6326 Posts |
I would start with this glaring fact..... It's the HOME SHOPPING NETWORK GUYS ! HSN (Mike Mezack) has been ripping off the public selling massively overpriced coins for decades ! He sells A LOT of "slabbed coins". So, it's not whether or not you trust the Grading Company......it's the "price" they're selling them for. Legit ? ..... obviously YES......worth the price ? .....Not if it's from them, IMO. But as with so many things that they sell, if YOU think it's worth the money, then that's your prerogative to shell out the bucks for it. Whether they're the "Gold Plated State Qtrs", or the colorized Native Dollars or slabbed First Strike PF-70 ASE's ......whatever. Recouping your money from so many of these kinds of purchases, will be difficult or impossible.....but a lot of people don't care about that, they just like what they see and/or what they have. I would research "other" avenues of purchasing World Trade Center PM's......you will likely come up with MUCH more reasonable prices I suspect.
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Bedrock of the Community
United States
17884 Posts |
On the HSN site the bare holders are $399, they have one in a wooden box and that one is $499. And NONE of the WTC ASE's that they show were slabbed by PCGS. (Yes I know HSN says they are PCGS slabbed, but they are not.) Those were all encapluated by Collectors Universe and they just PCGS shells. The PCGS people never had anything to do with those coins. Later PCGS did get into the act slabbing WTC recovered coins but they can be identified because they all carry a numerical grade. None of these slabs do. The original company that had Collectors Universe slab these coins did donate a portion of the sales to the WTC charities. They never said what percentage they were going to donate and there was never any total amount donated announced. |
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Pillar of the Community
United States
1510 Posts |
I agree with eagle--rule #2 "never buy off of the TV"
Retired USAF 1983-2003
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Pillar of the Community
United States
968 Posts |
I have no problem with these coins being sold. What I do find offensive is that PCGS is apparently selling slabs to other companies. I can think of no reason besides deception for them to use a PCGS slab. In the long run this could hurt PCGS if people start to lose faith in what is really a PCGS slabbed coin and what is an imposter.
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Pillar of the Community
United States
2120 Posts |
So the gimmick here is "Made with silver from Ground Zero"
How much of it? 100%? 50%? .03%
If they have a 3000 ounce "pot" of melted silver from wherever and threw in ONE ounce from ground zero, the phrase "Made with silver from Ground Zero" is not a lie, however, as is with most of the products from HSN, it's far from the truth.
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Bedrock of the Community
United States
12437 Posts |
Quote:
What I do find offensive is that PCGS is apparently selling slabs to other companies. Collectors Universe is the corporate parent of PCGS, it is not a separate unrelated company. Quote:
So the gimmick here is "Made with silver from Ground Zero"
No, the Silver and Gold Eagles being sold were actually located in the COMEX vaults underneath the WTC complex on Sept 11, 2001. Those vaults were unearthed in November 2001 and then the bullion was sent to Collectors Universe for slabbing. You are confusing these coins with the shameful "Freedom Tower" plated schlock being sold by the National Collector's Mint. |
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Pillar of the Community
United States
2120 Posts |
Ah my mistake. Thanks for the correction.  |
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Bedrock of the Community
United States
10045 Posts |
We're all entitled to our opinion about recovery pieces--and I respect that.
There is so much raw emotion over 9/11, I cannot help but wonder if that's being used to push product?
I always look for a money angle--but that's just me; I am cynical.
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Replies: 19 / Views: 2,836 |
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First Page
Posted 09/11/2011 11:16 pm
