Skip to comments.Two men using metal detectors discover hoard of 50,000 Iron Age Celtic coins
Posted on 07/03/2012 3:04:55 PM PDT by DogByte6RER
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“Iron Age coins discovered in Jersey after 30-year search”
“Iron Age coins worth £1m found by Jersey treasure hunters”
I think that the government has “first dibs” on antiquities but must pay a fair market value for them. This seems to be subject to abuse but I haven’t read of complaints.
Never understood why the money “horders” of those ages didn’t just deposit their money into an insured Savings & Loan account...
It’s because a great deal of the value of these sorts of finds comes from their provenance, not from their melt.
The Government essentially provides the provenance for free by bringing in experts to validate the coins.
So it works out well for the finder and the land owner, who typically split the proceeds.
LOL, nice one.
Pretty cool looking coins.
FYI: Iron Age coins ping.
Fun hobby,my best find was only a Buffalo Nickle,but ya never know,”Today’s The Day”:)
So, that’s where I left them.
I'm in the process of contacting the Smithsonian.
Paid off for the government. Most of Europe's old relics now get thrown in a ditch or hedgerow when they are uncovered, because the government will confiscate them and then take your land in holding until archaeologists get around to looking at it (10-20 years).
“The coins, which are estimated to be worth about £10m ($15.8m), may go on display in the island’s main museum should the land owners get their way. But exactly who owns the coins will likely take months to determine. Hmmm, so much for finder’s keepers.”
Let’s revisit this find in say, 5 yrs, 10 yrs, and see just how much, if Any, of this $15.8 Million find the discoverers actually got out of it.
Remember the UK’s even more socialist than we are.
I love treasure hunting. Here are the complaints leveled at the “hobbyist” in that part of the world, They are technically only allowed to get “targets” from disturbed soil and not allowed to dig into undisturbed soil. This raises many stories, speculations, and accusations.
So take this scenario. I get a signal and dig down 18” (which I think is a logical plow depth) but I do not locate the target. At this point I notice undisturbed soil, what do I do? The machine is giving me a sweet high silver signal. Well crap, I am so excited that I continue and thereby ruin some information that can be gleaned from the area. They are technically supposed to call the museum to continue into the undisturbed soil. I imagine that if you do that they are not super responsive. I imagine it may take several days just to go back and find out that you have a cache of horseshoes that were fooling your machine.
This is all happening on private property by the way. They have been operating under this treasure trove law since sometime in the 90’s I believe. There are vacation tours you can go on that take people to these fields.
I metal detect, and I live in NEW JERSEY..the ass-in-9 laws state the 100 year rule...
SO, If I find a 1911 penny I must pause and call the archy’s to investigate since it is over 100 yrs old..(Yeah right LOL)
Proof that farmers are throwing stone statuettes into the hedgerows and smelting the silver and gold they find?
Look in the hedgerows, that is where the professionals look.
But that’s just a well known fact in the world’s history departments, the farmers don’t keep records. Can’t imagine why not.
The government does not operate like that over there. They do not shut down a farm for this sort of thing. They will shut down construction sites and yes there have been funny stories where the archies scrape a site and deposit that in a land fill. The hobbyist finds out where that land fill is and make fantastic discoveries that humiliate the professionals.
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