Coins DIG

Pentagon officials are voting for Gen. David H. Petraeus as the head of NATO. The opportunity of the top American commander of U.S. armies in Iraq to receive the high-level post for the period of the next administration, raised worries regarding the practice of rotating war commanders.

"He deserves one and that has also always been a highly prestigious position. So he is a candidate for that job, but there have been no final decisions and nothing on the timing," outlined an official from Pentagon.

In the period of April 16-19, 2008 Heritage Auction Galleries will host an auction featuring The Queller Family Collection of United States Silver Dollars, 1794-1935, which was gathered by Davind Queller. One of the most notable items on the auction will be the famous 1804 Bust dollar. The CSNS convention, which will be held in Rosemont (Illinois), is the place where Heritage Auction Galleries will be presenting Signature and Platinum Night sessions of coins and Currency.

This week the United States gold futures registered a record high slightly below $900 an ounce as funds discharged money after Ben Bernanke, the Chairman of the Federal Reserve, stated about speculation of the further rate cuts and slide of the dollar.

"The rate cut (speculation) has been driving the gold market through its impact on the dollar. I expect more of the same going forward," outlined Thomas Winmill, portfolio manager of Midas Fund in New York, an institution that oversees $265 million of assets under management.

A survey conducted recently showed 151,000 deaths of Iraqis. The deaths took place during the three years of violence and the invasion of the U.S. troops in the country. According to the statistics nine out of ten deaths were the consequences of the military operations performed by the U.S. troops, insurgent attacks and sectarian warfare.

Japan's officials look forward to set aside $10 billion for further five years in order to provide help to developing countries regarding the fight against global warming.

Nicholas Negroponte, head of the charity, stated that Intel repetitively undetermined its non-for-profit scheme, meant to provide cheap laptops to children living in developing countries.

Officials from the Numismatic Guaranty Corporation (NGC) stated that counterfeit replica coin holders appeared on the market.

The roots of corporation's foundation date back to 1987, when the company was created with the goal of granting third party grades to coins. When coins arrive to NGC, the company then analyzes, grades, databases and afterwards it encapsulates the numismatic items in holders that are tamper resistant as well as protective.

Three students aged seventeen and who have been living in Long Island, were arrested after police caught them printing fake ten, twenty and fifty dollar bills. The place where the printing took place was the back of a pickup truck.

A collection of extremely rare Roman coins were discovered in Bath. The exact location would be the site of a city centre hotel. Archaeologists so far have been able to find around 150 Roman coins during the works on the new Gainsborough Hotel and Thermal Spa.

Mark Berg was able to discover the first three $10 notes dated 1837 and launched by the Saginaw City Bank. The three banknotes feature serial numbers 1, 2 and 3. All of the ten dollar notes are in perfect condition.

Back in 1836 Saginaw City's founder, Norman Little, was the president of the bank and signed these banknotes Dec. 26, 1837, which is exactly 170 years ago.