Michael Kott, president of The Highland Mint, with a limited edition of Super Bowl XLVII coin. Tim Shortt, Florida Today
MELBOURNE, Fla. (USA TODAY) -- Michael Kott doesn't really have a favorite in Sunday's
Super Bowl.
But if the president
and chief executive of The Highland Mint had the chance to pick his dream
matchup it would be something along the lines of the Denver Broncos and the
Green Bay Packers.
"Green Bay has a very loyal fan base," said Kott, whose company for the past
22 years has made the coin used in the Super Bowl's opening coin flip.
"And Peyton Manning and the Broncos were such a Cinderella story," Kott said.
"With Peyton coming back from an injury and leading the Broncos, it would have
been a great storyline."
Regardless of Kott's dream Super Bowl teams, ultimately he's just glad his
Melbourne, Fla.,-based company gets to be part of it. He even gets a couple of
tickets to one of the world's most popular sporting events, which this year is
in New Orleans.
The Highland Mint commemorative, 1.5-inch diameter coin, not only will be
used in the coin flip but also goes to the Pro Football Hall of Fame as part of
its Super Bowl XLVII display. The remaining 99 coins of the first 100 coins
pressed are given to players and NFL dignitaries. The rest - about 9,900 - are
sold to the public for $99.95.
The coins, made of silver with gold highlights, usually sell out, but with
more popular teams with bigger fan bases, Kott sometimes also can sell special
framed packages that might include a Super Bowl program, a piece of the turf, or
a section of one of the game footballs.
Since opening its doors nearly a quarter-century ago, the privately held
Highland Mint has been building up a sports commemorative company that makes
coins and other products for all major sporting events and theme parks like
Disney and Universal.
Its staff of about 120 people - sales, marketing and manufacturing employees
- have shown they can maneuver their way successfully in the competitive,
multi-billion dollar sports memorabilia and collectibles market.
Of late, that market has been soft, said Ted Taylor, adjunct professor of
business communications at Chestnut Hill College in Philadelphia. He also ran
STAT Authentic, an authentication and appraisal company.
Taylor has high praise for The Highland Mint products but said it's a tough
market out there for sports collectibles.
"The sports memorabilia business is down right now, probably because of the
economy," Taylor said.
"I think it's going to come back. I mean, these things are not getting any
newer. But my advice to people is that if they don't have to sell a particular
item, then don't sell it."
Wayne T. Price, Florida Today