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NEW YORK, Aug 18, 2006 (UPI via COMTEX) -- A New York newspaper is warning the public not to fall for what it calls "an offensive scheme" to peddle a Sept. 11 medal on the Web and late-night TV.
In an editorial Friday, the New York Daily News said the National Collector's Mint of Port Chester, N.Y., is selling "a monstrosity called the 2001-2006 World Trade Center Commemorative" for $29.95.
An analysis of the metal in the coin puts its value at about 32 cents, the report said.
With that kind of a profit margin, the newspaper said, the company can afford to keep its promise to donate $5 to charity for each medal it sells.
Two years ago the National Collector's Mint was fined $370,000 by a New York judge for selling a Freedom Tower medallion it said contained pure silver and was legal tender in the Northern Mariana Islands.
It turned out the islands don't mint currency and the silver in the coin was worth less than 2 cents, the Daily News said.
URL: www.upi.com Copyright 2006 by United Press International
