National Collector's Mint
Encyclopedia
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.
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.
The company's offerings include:
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, Chrysler Corporation, and The Ronald Reagan Presidential Library
Foundation.
coins.
New York
New York is a state in the Northeastern region of the United States. It is the nation's third most populous state. New York is bordered by New Jersey and Pennsylvania to the south, and by Connecticut, Massachusetts and Vermont to the east...
that sells collectible coins, privately produces commemoratives and contracts the minting of non-circulating legal tender coins under the auspices of foreign nations.
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.
The company's offerings include:
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- Collectibles
- U.S. dollars, coins and currency
- State quarters
- Silver, gold and platinum
- U.S. proof and mint sets
- Foreign and ancient coins
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- 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 CompanyFord Motor Company
Ford Motor Company is an American multinational automaker based in Dearborn, Michigan, a suburb of Detroit. The automaker was founded by Henry Ford and incorporated on June 16, 1903. In addition to the Ford and Lincoln brands, Ford also owns a small stake in Mazda in Japan and Aston Martin in the UK...
, Chrysler Corporation, and The Ronald Reagan Presidential Library
Ronald Reagan Presidential Library
The Ronald Reagan Presidential Library and Center for Public Affairs is the presidential library and final resting place of Ronald Wilson Reagan, the 40th President of the United States. Designed by Hugh Stubbins and Associates, the library is located in Simi Valley, California, about northwest of...
Foundation.
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.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 DollarFreedom Tower Silver Dollar
The Freedom Tower Silver Dollar is a "one dollar" coin minted under license of the Commonwealth of the Northern Mariana Islands in 2004. Despite vague statements in advertisements, it is not issued by the United States Mint and is not considered legal tender. The CNMI receives royalty fees from...
coins.