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The following is something I found. (Imagine - first time out with a metal detector, seven yards from where you parked your car!! Another story in the article the guy was paid $5.3 million for an even rarer find! I’m not sure if the 50% split with the landowner is law, or if it is from a brief written agreement between the detectorist and the the landowner.

“In September 2009, David Booth, a park ranger in Stirling, Scotland, packed up his brand-new metal detector (”I practiced at home picking up nails and bits”), drove to a field, walked seven yards (six meters) from his parked car, and scored big. His first sweep with a metal detector yielded a spectacular find: four gold torques, or neck bands, from the first century B.C.—the most important hoard of Iron Age gold found in Scotland to date.

Several days later, Stuart Campbell of the National Museum of Scotland, the man in charge of “treasure trove” finds, as they are known in the United Kingdom, arrived at his Edinburgh office, opened his email to find a message with the subject “gold jewelry” and thought, “Oh, no, not another Victorian watch chain.” Then he saw the images.

Thanks to laws in England and Scotland that encourage artifact hunters to cooperate with archaeologists, Booth was paid the current market price for the cache, about $650,000, set by the queen’s and lord treasurer’s remembrancer (the British crown’s representative in Scotland). He split the sum with the landowner.”