NYSE Trading Floor Coin - Rare - Emergency Crisis Action Committee

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Our Price: $395.00

Sale Price: $348.00

Product Code: V536

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Description

These very rare coins were used by NYSE Trading Floor Brokers and Specialists to resolve disputes on the floor. By rule all employees on the NYSE floor who act as trading assistants must pass a series 25 test. When they passed, they received this coin from the member firm. The coin features a bull on the front and says, "Emergency Crisis Action Committee". The back features a bear and says, "Help is only a Phone Call Away". It then has a phone number on the bottom.

When a dispute arises between two brokers or specialists that can't be resolved, they call the Emergency Crisis Action Committee by using the number on the bottom (the number is now disconnected). A committee member then helps resolve the dispute, often times flipping this coin to determine the outcome. This is the first one we come across in 9 years.

Emergency Crisis Action Committee - NYSE Trader Coin - RARE

The coins are 1.25” x 1.25” (about the size of a 50 cent piece)
Made from a solid brass-like alloy
Age: Unknown
Condition; light wear