Eligible for a reward. I wonder if that reward comes anywhere close to its true market value?
There’s something to be said for keeping one’s mouth shut when lady luck deals you a high card.
exactly.
He should of just said he was putting a family treasure that had been passed down for generations up for sale.
The ‘reward’ for treasure trove in Britain is a result of valuation by multiple independent experts, who effectively add in value for provenance without cost to the finder.
People who declare treasure trove know what they’re doing. If you melted down a find for its precious metals, you wouldn’t do a tenth as well.
From what I can tell, the reward does match the market value.
Basically, its similar to a “right of first refusal.” As a historical treasure the UK government has the right to buy it before before any private collector. The main difference is the finder is compelled to sell his find to government if they want it.
If I am not mistaken, there is a similar rule for treasure found in the US, at least in Florida. If someone finds treasure and offers it for sale, the state has the right to buy it first. If they don’t want it, then anybody else who wants it can buy it. The difference is that the state can’t make you sell it to them and they don’t get set the price.