Silver and gold dollars from WTC Recovery; are they worth more than face value?
My mom has lots of these collector coins from World Trade Center and other commemorative coins; silver and gold dollars. Are these worth anything more than their face value? Gold of course more than silver, I know that. But I mean the commemorative part.
OK, let’s differentiate. There are actual gold and silver coins, most of them bullion coins, that were recovered from Ground Zero. These are known as WTC Recovery coins and the premiums above the bullion value that some collectors have put on them are substantial.
Then there are the commemoratives. No commemorative came from Ground Zero. OK, I will take that back and allow for the possibility that there have been some that the manufacturer/marketer claims were made from WTC-recovered silver (probably not gold because of the cost). I haven’t seen any, but they could exist, and I wouldn’t place much extra value above the silver value on them.
The rest are cheaply-made, mass-marketed (usually in TV ads) medals. They are NOT US coins. They do not have any face value, even though they may be exact replicas of, or similar to, real coins, and do show a face value on them. They are privately made from copper/nickel, brass, bronze – something inexpensive – and then plated with a thin layer of silver or gold. They are hawked and hyped in slick commercials, making the person watching believe they are buying future family heirlooms, for $20 or $30 each.
On the aftermarket, the silver-plated ones sell for a couple dollars at the most, and the gold-plated maybe a dew dollars more than that.
If your mother bought these commemorative items for full TV price, I’m afraid she got suckered in.
How to Find Gold ! – Recovery Pump
Tags: computer, economy, gold, gold recovery, gold recovery equipment, gold recovery from circuit boards, gold recovery kit, gold recovery methods, government, recovery