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.

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.

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.

The consumer magazine entitled Which? states that today cosmetic surgery provides various procedures available at low and in less time spending.

According to the magazine its representatives were able to find 8 clinics that presumably violate the rules by doing, what is called, "pressure advertising".

This time Samsung is the one to fill in the United States a countersuit against Sharp.

The patent-infringement lawsuit that Sharp filed some time ago against Samsung Electronics presumably served as the reason why the biggest producer of semiconductors recently decided to fill a patent-infringement lawsuit against the manufacturer of LCD panel. The lawsuit is filled with the U.S. International Trade Commission and the Tokyo District Court.

A refund of $130 is given by the U.S. Mint to those who possess 2004 United States Mint Lewis and Clark Coin and Pouch Set. This is only in case Shawnee Nation United Remnant Band of Ohio created the pouch.

A hot debate was to take place on the fact that the U.S. Treasury should be the one to control the level of metal composition in coins and whether the ban of extracting copper from the melting pennies should be lifted.

Several additional debates were to take place in House Committee on Financial Services regarding the same matter.