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Wtc Silver Eagle Dollars - Genuine?

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Gold Sovereign's Avatar
United Kingdom
30 Posts
 Posted 06/25/2007  2:09 pm Show Profile   Bookmark this topic Add Gold Sovereign to your friends list Get a Link to this Message Number of Subscribers
Hi Guys,

Are these genuine?

Gem Uncirculated 9-11-01 World Trade Center Ground Zero Recovery Silver Eagle Certified Authentic by the Professional Coin Grading Service (PCGS), the number one grading service.


GS.
Edited by Gold Sovereign
06/25/2007 2:12 pm
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GO's Avatar
United States
6563 Posts
 Posted 06/25/2007  2:16 pm  Show Profile   Check GO's eBay Listings Bookmark this reply Add GO to your friends list Get a Link to this Reply
There unfortunately are a Lot of fakes out there for Grading companies as well as WTC dollars. We would need to see pictures or links to confirm.
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Gold Sovereign's Avatar
United Kingdom
30 Posts
 Posted 06/25/2007  2:26 pm  Show Profile   Bookmark this reply Add Gold Sovereign to your friends list Get a Link to this Reply
Hi Grace,

The ones I`ve found are on ebay..

type in..

WTC Silver Eagle Dollar

There seems to be no shortage of them.

Would be grateful of advice before I buy obviously.

Gordon.
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Gold Sovereign's Avatar
United Kingdom
30 Posts
 Posted 06/25/2007  2:28 pm  Show Profile   Bookmark this reply Add Gold Sovereign to your friends list Get a Link to this Reply
Is the princaple genuine, as I can`t find any news reports or the like of these allegations?
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GO's Avatar
United States
6563 Posts
 Posted 06/25/2007  2:35 pm  Show Profile   Check GO's eBay Listings Bookmark this reply Add GO to your friends list Get a Link to this Reply
The holders look to be genuine PCGS slabs. The coins are genuine as far as I know and there were several very large caches of coins found in the rubble.

Personally I wouldn't spend that much on one...unless it had some sentimental meaning for me. Most sell between $75-$190. Stick around for some more opinions though and feel free to always ask any questions before buying.
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biokemist6's Avatar
United States
12437 Posts
 Posted 06/25/2007  3:00 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
Yes, the ones that are certified by PCGS were recovered from the COMEX vaults in the sub-basements of the WTC complex. Some have been certified as authentic uncirculated and others were assigned a grade.
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Gold Sovereign's Avatar
United Kingdom
30 Posts
 Posted 06/25/2007  3:25 pm  Show Profile   Bookmark this reply Add Gold Sovereign to your friends list Get a Link to this Reply
Many thanks for taking the time to reply to my questions. You`ve both be a great help.
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Guido's Avatar
United States
390 Posts
 Posted 06/25/2007  4:22 pm  Show Profile   Bookmark this reply Add Guido to your friends list Get a Link to this Reply
Gold,

First, welcome to the forum!

You can search for previous threads on this topic. It has been discussed many times and I think you should be able to get more input from those threads as well.

The WTC coins have been "hyped" like a lot of other specialty coins in recent years. They are regular eagle coins, but the significance of them being in the WTC vaults makes some people think they are worth more money. As was mentioned, some people buy them for sentimental reasons (loved ones killed there, etc.), but I don't know that the long term value will be that high. But, what do I know? It's all speculation. But, if you are buying them for investment reasons, I would re-think the idea and put your money into proven coins that have a high demand across a wider range of collectors.
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Conder101's Avatar
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17884 Posts
 Posted 06/25/2007  9:50 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
It's a bit confusing but from your description of the label, Yes they are genuine silver Eagles recovered from Tower 7 of the WTC (not Towers 1 or 2 the ones the planes hit). Not they are NOT from PCGS. They are from Collectors Universe, the parent company that owns PCGS. They just used their subsidiaries slab shells. These were the first round of WTC coins and if you see the back of the slab you will find they have the CU logo and no the PCGS logo. Later PCGS got into the business of slabbing and GRADING these coins. All of the CU coins are just Gem Uncirculated, the PCGS coins are actually graded.
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BadThad's Avatar
United States
19935 Posts
 Posted 06/25/2007  10:46 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
Link to example:

http://cgi.ebay.com/PCGS-1993-WTC-R...BU_W0QQitemZ a href= https://www.coincommunity.com/go/link.asp?target=https://www.ebay.com/itm/-/180133103918 target= _blank rel= nofollow 180133103918 /a QQihZ008QQcategoryZ149933QQssPageNameZWDVWQQrdZ1QQcmdZViewItem
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Conder101's Avatar
United States
17884 Posts
 Posted 06/26/2007  03:40 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Yes that's the Collectors Universe version
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tights24's Avatar
United States
2254 Posts
 Posted 06/26/2007  06:32 am  Show Profile   Bookmark this reply Add tights24 to your friends list Get a Link to this Reply
I guess I'm confused on this one. Are the auctions reportable due to the PCGS in the title and description if CU is the parent company of PCGS? To me it seems like another way to mislead folks. What are the qualifications of the CU graders? Not that the top three are always right on with their grades.........
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Gold Sovereign's Avatar
United Kingdom
30 Posts
 Posted 06/26/2007  06:52 am  Show Profile   Bookmark this reply Add Gold Sovereign to your friends list Get a Link to this Reply
Cheers Guys, to be honest I`m a total beginner to collecting silver eagles. I had no idea that any had been recovered from the WTC till a day or so ago. I assume that there like gold sovereigns recovered from the RMS Douro or such like, they sell for a little more than a normal coin, because of the history behind them. I`ll more than likley get one just to have one in my collection, and I suppose as a reminder of 9/11 (not that anyone should really need one, you understand), and the beginning to the war on terror, that I got sucked into, but thats another topic for a different forum. Thanks for all you advice, anyway.
G.
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Gold Sovereign's Avatar
United Kingdom
30 Posts
 Posted 06/26/2007  06:56 am  Show Profile   Bookmark this reply Add Gold Sovereign to your friends list Get a Link to this Reply
Badthad, I see your link example as a COA with it, none of the others I`ve seen have one of these? Is this a good or bad thing?
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Gold Sovereign's Avatar
United Kingdom
30 Posts
 Posted 06/26/2007  2:42 pm  Show Profile   Bookmark this reply Add Gold Sovereign to your friends list Get a Link to this Reply
I`ve also noticed that some of these coins come with COA other don`t, others have numbers others don`t.

Why is this?


Would I be right in thinking that they have been bought up by different companys who have then packaged them up differantly?

Also which town was the Iron Mountain Vault underneath?

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TreasHunt's Avatar
United States
2540 Posts
 Posted 06/26/2007  4:02 pm  Show Profile   Bookmark this reply Add TreasHunt to your friends list Get a Link to this Reply
The COA is meaningless, the slab certifies it as from the WTC.
In either case, it seems to be simple exploitation.
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