- National Collector's Mint
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National Collector's Mint, Inc. Industry Collectibles Founded 1991 Headquarters Port Chester, NY Key people Avram C. Freedberg (Founder)
Barry Goldwater Jr. (Director; Spokesperson)Products Legal tender coins, Non-circulating legal tender coins, tokens, replicas, collectables Website www.nationalcollectorsmint.com National Collector's Mint, Inc. is a company based in New York that sells collectible coins, privately produces commemoratives and contracts the minting of non-circulating legal tender coins under the auspices of foreign nations.
Contents
Products
National Collector's Mint, Inc. sells U.S. Mint and foreign issued coins, non-circulating legal tender under the auspices of foreign nations, and ancient coins along with its own manufactured commemoratives.
By Federal law, the coins produced by National Collector's Mint, or any other private company, cannot be legal tender in the United States or its territories. The production of legal tender coinage in the United States falls to the United States Mint alone as specified in the US Constitution.[1]
The company's offerings include[2]:
- Collectibles
- U.S. dollars, coins and currency
- State quarters
- Silver, gold and platinum
- U.S. proof and mint sets
- Foreign and ancient coins
- Albums, folders and supplies
- Shipwreck coins
- Wild West collectibles
- Wartime collectibles
- Jewelry, watches and gifts
Licensed non-circulating legal tender
National Collector's Mint is or has been a licensee for coin and coin-related products of the General Motors Corporation, Ford Motor Company, Chrysler Corporation, and The Ronald Reagan Presidential Library Foundation.[3]
Philanthropy
National Collector’s Mint donated more than $2 million from sales of its 9/11 commemoratives to charities including A Journey for 9/11, Flight 93 National Memorial Fund, National Association of EMTs, NY Presbyterian Hospital, Scott Hazelcorn Children’s Foundation, Todd Beamer Foundation, Tuesday’s Children, United Firefighters Widows & Children Association, United Way’s September 11th Fund, and the World Trade Center United Family Group.[4][5]
Controversy
In 2004, State Supreme Court Justice Thomas J. McNamara fined the National Collector’s Mint for engaging in false advertising and deceptive business practices when issuing their Freedom Tower Silver Dollar coins.[6]
See also
References
- ^ "Article 1, Section 8". U.S. Constitution. http://www.usconstitution.net/xconst_A1Sec8.html. Retrieved 2011-3-24.
- ^ "National Collector's Mint Website". http://www.nationalcollectorsmint.com. Retrieved 2011-3-24.
- ^ "National Collector's Mint Website". http://www.nationalcollectorsmint.com. Retrieved 2011-3-24.
- ^ "Statement of National Collector's Mint, Inc.". New York Daily News. http://www.scribd.com/doc/47492039/NCM-Statement-Schumer-Nadler. Retrieved 2011-3-24.
- ^ "9/11 Commemorative Coin". New York Times. February 16, 2011. http://www.nytimes.com/2011/02/17/opinion/l17wtc.html?emc=eta1. Retrieved 2011-3-24.
- ^ "Metro Briefing: Commemorative coin seller fined". New York Times. October 20, 2005. http://www.nytimes.com/2005/10/20/nyregion/20mbrfs.html?_r=1. Retrieved 2011-3-24.
External links
Categories:- Mints
- Port Chester, New York
- Companies based in Westchester County, New York
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