Coins DIG

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.

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.

The man, who calls himself Paul Brant refers to himself as a penny pitcher. However, the quarters and dollar coins he saved really paid off.

The 70-year-old Brant used all his savings in change in order to purchase a new Dodge Ram half-ton pickup truck, it is interesting to note that he bought his previous track 13 years ago using spare change as well.

There is a tradition that each year children from participating schools in the New York City gather pennies from their family and friends. Afterwards the collected pennies do not go to piggy banks but are stored in one place where they are trucked to the so-called Penny Harvest Field, which is a huge penny-holding construction located at Rockefeller Center.

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.