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Roman gold coin hoard found in Hertfordshire, England
A hoard of 159 late Roman solidi (large gold coins) has been found by a
metal detectorist in a field near St Albans. The coins are nearly all of the last four emperors so the hoard can be dated to late 4th century. In most cases they are in conditions close to uncirculated. Such coins rarely circulated because they were of such high value (equivalent to a worker's yearly wage, say) and used in large mercantile transactions. Although no value is given in the article, Coin Yearbook lists these coins in EF condition at £700-£1000 (typical dealer price), so perhaps around £125,000. £1 = $1.61 at current rates. http://www.bbc.co.uk/news/uk-england...herts-19965507 The coroner has to decide if the hoard constitutes treasure trove in which case it can be acquired by a museum or museums at a fair market value, paid to the landowner. It was believed to have been buried in a bag made of organic material such as leather rather than in a crockery pot. The hoard will go on display at Verulamium Museum in St Albans. They were mostly struck in the Italian cities of Milan and Ravenna and issued under the Emperors Gratian, Valentinian, Theodosius, Arcadius and Honorius. I heard from the "grapevine" that a few of the coins were damaged when the detectorist dug them up with a spade. Eeek. -- Mike Dworetsky (Remove pants sp*mbl*ck to reply) |
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#2
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Roman gold coin hoard found in Hertfordshire, England
Mike Dworetsky wrote:
A hoard of 159 late Roman solidi (large gold coins) has been found by a metal detectorist in a field near St Albans. The coins are nearly all of the last four emperors so the hoard can be dated to late 4th Sorry, not 4th, of course these are mainly 5th C. coins. Film stories on TV news today. century. In most cases they are in conditions close to uncirculated. Such coins rarely circulated because they were of such high value (equivalent to a worker's yearly wage, say) and used in large mercantile transactions. Although no value is given in the article, Coin Yearbook lists these coins in EF condition at £700-£1000 (typical dealer price), so perhaps around £125,000. £1 = $1.61 at current rates. http://www.bbc.co.uk/news/uk-england...herts-19965507 The coroner has to decide if the hoard constitutes treasure trove in which case it can be acquired by a museum or museums at a fair market value, paid to the landowner. It was believed to have been buried in a bag made of organic material such as leather rather than in a crockery pot. The hoard will go on display at Verulamium Museum in St Albans. They were mostly struck in the Italian cities of Milan and Ravenna and issued under the Emperors Gratian, Valentinian, Theodosius, Arcadius and Honorius. I heard from the "grapevine" that a few of the coins were damaged when the detectorist dug them up with a spade. Eeek. -- Mike Dworetsky (Remove pants sp*mbl*ck to reply) |
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