Finance

U.S. Money Reserve: Presenting New Limited Edition Coins

The U.S. Reserve will be releasing a limited edition coin that will be minted to honor the upcoming 65th anniversary of Queen Elizabeth II’s coronation. The Perth Mint will manufacture the minted coin, and according to the U.S. Money Reserve, they are the only U.S. distributor that has been chosen to produce and release the limited edition coin. Back in 1953, the coronation of Queen Elizabeth II was widely broadcasted around the world.

More than 300 million people have watched their television to witness the historic event, and they have felt a great sense of hope.

People are looking for something that would inspire them after witnessing the deadly Second World War which wiped out millions of people from the face of the planet. 65 years later, this historic event will be commemorated on coins that will be manufactured by The Perth Mint, which is one of the leaders in the industry of precious metals. Learn more about US Money Reserve: https://www.indeed.com/cmp/U.S.-Money-Reserve and https://www.ispot.tv/brands/Iyt/us-money-reserve

They have chosen the U.S. Money Reserve as their official partner in the United States because of their reputation in the industry.

The leaders of both companies are expecting those coin collectors and fans of the Queen will be willing to pay to own the limited edition coin. They wanted the coin to be a symbol of hope, especially for those who are witnessing the dreaded events of today’s world.

The coin will be made of gold and silver, and they will be manufactured in Australia, and each coin would have a value as a legal tender concerning the Australian Currency Act of 1965.

The U.S. Reserve gained the exclusive rights as the official distributor in the United States, and the limited edition set will be available to those who would place an order to obtain it.

The set is considered rare, with only 250 coins to be made. Out of all these 250 coins, 203 will be made in the United States.

According to the chief executive officer of The Perth Mint, Richard Hayes, partnering with the U.S. Money Reserve is one of the best decisions that they made, because they believe that the American company is capable of producing excellent products using their state of the art production lines and materials.

He also added that partnering with an American company is an excellent homage to the British influence in today’s American society. The minting is expected to be finished a few months from now.

Read more: US Money Reserve | LinkedIn and US Money Researve | Instagram

Businessman, Philanthropists

Tony Petrello Helps Guide Nabors Industries Towards High-tech Future

Since becoming an upper-level executive with drilling giant Nabors Industries, Tony Petrello has proven himself to be one of the most valuable executives in the history of the company. Nabors Industries started out life as a conglomerate dedicated to drilling Arctic oil. It was one of the first companies to help open up the Prudhoe Bay oil reserves and to begin the exploitation of the vast oil resources of the North Slope of Alaska.

As a result of these early exploits, Nabors Industries still has a strong brand recognition among Alaska residents today. With the help of the company, Alaska residents reap a windfall of petroleum profits, resulting in every man woman and child resident in the state getting the equivalent of around $2,000 per year in royalty payments over the last 60 plus years. This legendary history as a key figure in the exploitation of Alaska’s oil resources has made Nabors Industries among the most recognizable and revered corporate names in the state of Alaska.

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However, the company was badly mismanaged throughout the ‘60s and ‘70s and ‘80s. This eventually led to the company’s bankruptcy in the late 1980s. As a young lawyer working with storied law firm Baker McKenzie, Petrello was one of the principal attorneys helping Nabors Industries to emerge successfully from Chapter 11. Anthony Petrello did such an excellent job on handling the bankruptcy case for Nabors Industries that the company’s upper management quickly recognized him as a promising young talent. They eventually ended up offering him a job to come on board as one of the senior level executives for the company, hoping that his expertise in bankruptcy workouts would help the company emerge profitably and continue on as a going concern.

Their bet turned out to be a good one. Throughout the 1990s, Petrello became the chief operating officer for Nabors Industries. He was able to successfully help the company diversify into high tech drilling products. This would eventually lead to the development of systems like ROCKIT performance drilling software, Canrig AC top drives and OrientXPress steerable directional drilling system, some of the most high-tech and sought-after directional drilling equipment in the world today.

The development of these products would ultimately propel Nabors Industries to become the top provider of directional drilling equipment in North America, playing a key role in the development of the Bakken Shale formation and the advent of the shale boom.

Check more about Anthony Petrello: https://www.nabors.com/about-us/our-leadership/anthony-g-petrello