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2001 ASE From Ground Zero 9-11-2001

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SilverStackerKid's Avatar
United States
6478 Posts
 Posted 09/23/2015  9:07 pm Show Profile   Bookmark this topic Add SilverStackerKid to your friends list Get a Link to this Message Number of Subscribers
This coin means a lot to me. Mostly because I was born in Manhattan and was a mere 5 miles away from the towers. I was 1 at the time, so I don't remember it.

You may ask, "well, how do we know this was at ground zero?" We know because after the attack, brink trucks went to get all of the bullion/coins out of the vault underneath the world trade center. All the coins were sent to PCGS, this is one of them.

2001-ASE-From-Ground-Zero-9-11-2001

2001-ASE-From-Ground-Zero-9-11-2001

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OspreyCoins's Avatar
United States
932 Posts
 Posted 09/23/2015  9:09 pm  Show Profile   Bookmark this reply Add OspreyCoins to your friends list Get a Link to this Reply
Nice. Coins with stories are the best type, and this coin has a story, that's for sure.
Valued Member
Canada
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 Posted 09/23/2015  9:51 pm  Show Profile   Bookmark this reply Add Bob Levi to your friends list Get a Link to this Reply
I was under the impression these coins were minted from silver bars recovered from ground zero?
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ChildOfTheWheat's Avatar
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 Posted 09/23/2015  10:05 pm  Show Profile   Bookmark this reply Add ChildOfTheWheat to your friends list Get a Link to this Reply
Cool! I love history, and this coin has a lot of it! I believe the vaults were located under WTC 7? Anyways, this coin is on my "to buy when I have money" list.
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 Posted 09/23/2015  10:10 pm  Show Profile   Bookmark this reply Add jack jeckel to your friends list Get a Link to this Reply

Quote:
All the coins were sent to PCGS


Actually there are a few services claiming 9/11 provenance.

2001-ASE-From-Ground-Zero-9-11-2001

2001-ASE-From-Ground-Zero-9-11-2001

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SilverStackerKid's Avatar
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 Posted 09/23/2015  10:12 pm  Show Profile   Bookmark this reply Add SilverStackerKid to your friends list Get a Link to this Reply
Oh, didn't know about those.
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 Posted 09/23/2015  10:24 pm  Show Profile   Bookmark this reply Add jack jeckel to your friends list Get a Link to this Reply
Just like the (W) and the (S) no mintmark Eagles I guess you just have to take the TPG's word for it.
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Cascade's Avatar
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 Posted 09/23/2015  11:04 pm  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
Hey, you have the silver to go with my gold

You know I approve and I'm glad you got a year 2001 one too

*If you ever see a 2001 ASE with the 1 of 150 number in lower left let me know. They are a set and when I bought the gold they split the silver eagle into a different lit and I didn't realize they were a pair until it was too late
Edited by Cascade
09/23/2015 11:08 pm
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CelticKnot's Avatar
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 Posted 09/24/2015  12:13 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
I have mixed feelings on these "9/11" coins.

Part of me, like you, thinks that this is important, dark American history and a reminder of the terrible tragedy of 9/11/2001. A reminder that's a propos to numismatists such as us.

On the other hand part of me is repulsed knowing that people were profiting off of the tragedy. I lived 2 hours outside the city at the time, was in my 20's when it happened and remember the entire day clearly. That could be a knee-jerk reaction on my part; maybe there wasn't any money being made on these. It just seems to be too convenient of a marketing tool to pass up for some unscrupulous sellers.

And that commentary is by no means a knock on you for having one. I LIKE the fact that these were recovered. Having these slabbed/certified as having been recovered from the vaults beneath ground zero is really quite impressive. I'm just not sure about the means in which they were sold originally.
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Foxwoods Man's Avatar
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 Posted 09/24/2015  06:50 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
Hmmm...a "clad in 150mg of .999 silver" silver eagle?

So maybe it had issues...BUT...it was under tons of burning building so that might ADD to the look...why clad a silver coin?

Zero appeal on that one
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Cascade's Avatar
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 Posted 09/24/2015  07:41 am  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
fox, I just caught that

Celtic, these coins were returned to their owners who were holding them in the vaults. I see your point but I look at it like these coins were survivors. They had history thrust upon them and it would have been a shame to not have them properly identified as such. They are now a keepsake in remembrance of the worst attack this country ever faced. And how when.we get attacked we attack back, we never forget and we never surrender.
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jbuck's Avatar
United States
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 Posted 09/24/2015  11:34 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I understand the sentiment, but I would have liked to see the profits go to those who were affected, the survivors or families of the fallen.
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CelticKnot's Avatar
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 Posted 09/24/2015  11:07 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply

Quote:
They had history thrust upon them and it would have been a shame to not have them properly identified as such.

I don't disagree.

But cladding silver in *more* silver and selling them as 9/11 survivors seems like a shameless gimmick to me. Also those vaults were probably full of thousands of such coins and the vaults were likely the most protected part of the building. Those who owned them almost certainly knew the potential value of having these slabbed as 9/11 survivors. I have a very hard time believing that whoever submitted these for grading/certifying did it out of the goodness of their heart, had posterity in mind, or donated any of the profits.

I realize that's a lot of unfounded speculation and I could very well be wrong. I am just very pessimistic when it comes to human nature.


As jbuck said, any profit on these should have been donated to charities or survivors or their families.

Edited by CelticKnot
09/24/2015 11:07 pm
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SilverStackerKid's Avatar
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 Posted 09/25/2015  10:08 am  Show Profile   Bookmark this reply Add SilverStackerKid to your friends list Get a Link to this Reply
I would never buy a 9/11 coin from third party. That is just letting someone capitalize on the death of thousands of innocent people. But this was an artifact of that day, a piece of history, so I think its ok, and not like buying a commemorative.
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Cascade's Avatar
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 Posted 09/25/2015  10:20 am  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
I agree with all you said celtic, especially about cladding a regular ASE with melted wtc silver aND all other like items. That's just plain profiteering on tragedy! I have to somewhat disagree though with the last part however. What intentions the owners had when they got their coins back is inconsequential as without them doing what they did for whatever reason they did it these pieces of history would have gone back into the mix and "lost" to the world if not properly identified as such.

I agree with jbucks donation idea but it's human nature... and capitolism to profit. That said, if I were one of the owners who got my coins back I don't think I could have profited on them. Personally I would have donated all profits to the survivors fund (and probably part or all of my principal too)
Edited by Cascade
09/25/2015 10:22 am
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Atlas642's Avatar
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 Posted 09/25/2015  10:26 am  Show Profile   Bookmark this reply Add Atlas642 to your friends list Get a Link to this Reply
I don't have an issue with buying a slabbed ASE recovered from the vaults. That's a piece of history.

I do have an issue with cladding ASEs in recovered silver from the towers (I assume silver bars) and slabbing it. If I'm not mistaken, NCM got into legal trouble over a 9/11 coin (not sure if it's this one or another).
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