National Collector's Mint
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|
Angela Marie Buchanan (Co-Director) | |
Products | Non-circulating legal tender coins, tokens, replicas, commemorative, collectibles, anti-aging skin products |
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Number of employees | 24 |
Website | www |
National Collector's Mint, Inc. is a
Legal tender status
As specified by the U.S. Constitution
September 11, 2001 Coinage Incident
The company's repeated attempts to profit from the 9/11 attacks led Senator
Sales of the
Senator Charles Schumer and Representative
In contrast to the NCM's unsubstantiated claims, a sizeable number of coins that can be traced back to the WTC vaults exist; unlike the NCM's offerings, these coins were certified and graded by PCGS, and profits from their sales were donated to recovery funds.[10]
In 2013, the company settled out of court and agreed to pay a $750,000 fine to the FTC for misrepresenting the authenticity of their 9/11 products.[2]
2020 $50 Gold Buffalo Tribute Proof
In 2020, the company advertised a coin coated with 14 milligrams of 24 karat gold.
See also
- Danbury Mint
- Franklin Mint
- Littleton Coin Company
References
- ^ "National Collector's Mint Website". Retrieved 2011-03-24.
- ^ a b c "FTC: National Collector's Mint, Bogus 9/11 Coins Seller, To Pay $750,000 Settlement". HuffPost. Retrieved 2013-05-10.
- ^ "Article 1, Section 8". U.S. Constitution. Retrieved 2011-03-24.,
- ^ "Schumer, Nadler Announce Crooked Marketer of Imitation Commemorative 9/11 Coins to Settle with Federal Trade Commission". Nadler.house.gov. 22 January 2013. Retrieved 16 September 2015.
- ^ "Metro Briefing: Commemorative coin seller fined". New York Times. October 20, 2005. Retrieved 2011-03-24.
- ^ "Court Order Halts Sales of "Freedom Tower Silver Dollars"". New York Department of Law. October 13, 2004. Archived from the original on December 10, 2006. Retrieved 2006-12-29.
- ^ "Letter from the Governor of NMI". November 8, 2003.[permanent dead link]
- ^ Medina, Jennifer (October 14, 2004). "Judge Rules 9/11 Coin Ads Were Deceptive". The New York Times. Retrieved 2006-12-29.
- ^ "NY Lawmakers Call for 9/11 Coin Crackdown". The New York Times.
- ^ Martinez, Alejandro J. "'Sept. 11' Coins Carry Hefty Markups, Baggage". WSJ. Retrieved 2023-01-30.
- ^ "Home | The Official Site for 2017 Buffalo Tribute Proof". www.newbuffaloproof.com. Retrieved 2020-05-01.