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KITCO - Britain historical gold coins found

lilolmelilolme Posts: 2,517 ✭✭✭✭✭

From:
https://www.kitco.com/news/2022-09-13/Britain-s-largest-hoard-of-historical-gold-coins-found-after-kitchen-renovation-trove-worth-290-000.html

Britain's largest hoard of historical gold coins found after kitchen renovation; trove worth $290,000

A kitchen renovation in a historic home in an English village led to the discovery of a trove of antique gold coins that could be worth up to $290,000.

According to the auction house Spink & Son, which will be auctioning off the coins next month, the 260 gold coins were found when residents unearthed an earthenware cup when they renovated their kitchen in July 2019. The cup, about the size of a soda can, was found buried beneath the original wooden floorboard.

The treasure trove of coins is named the Ellerby hoard, for the village where the house is located. Spink & Son said that this was the biggest hoard of 18th-century coins found in Britain.

More at the link.

https://youtube.com/watch?v=2YNufnS_kf4 - Mama I'm coming home ...................................................................................................................................................................... RLJ 1958 - 2023

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    thebeavthebeav Posts: 3,770 ✭✭✭✭✭

    This was posted a week or so ago...That's why it's a little quiet.
    https://forums.collectors.com/discussion/1080978/more-gold-coins-in-england

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    lilolmelilolme Posts: 2,517 ✭✭✭✭✭

    @thebeav said:
    This was posted a week or so ago...That's why it's a little quiet.
    https://forums.collectors.com/discussion/1080978/more-gold-coins-in-england

    Well I missed that one, how did that happen. :)
    I was on Kitco checking out all the crashing and saw it. This will give those that missed it like me that final (hopefully) chance to see it. :)

    https://youtube.com/watch?v=2YNufnS_kf4 - Mama I'm coming home ...................................................................................................................................................................... RLJ 1958 - 2023

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    SapyxSapyx Posts: 2,117 ✭✭✭✭✭

    The use of the word "trove" in the OP's article is unfortunate, because the reason this has hit the news now (the coins were found back in 2019) is that the English Coroner has just recently ruled that it was not, in fact, a "treasure trove".

    In England, treasure troves legally belong to the Crown, and for gold coins a treasure trove is defined as "two or more gold coins, the youngest of which is not less than 300 years old". Since the youngest coin in the hard was only 292 years old at the time the hoard was found, this is not a treasure trove, and since the finders found it on their own property, it's "finders keepers". The finders can keep or sell the coins however they wish and keep 100% of the profits of anything they sell (less taxes).

    They're just lucky they found the hoard now, and not in a few years time.

    The OP might have also missed the news about what may be the most valuable coin in the hoard, from a collector's viewpoint: a gold guinea of 1720 featuring a brockage mint error.

    Waste no more time arguing what a good man should be. Be one.
    Roman emperor Marcus Aurelius, "Meditations"

    Apparently I have been awarded one DPOTD. B)
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    rickoricko Posts: 98,724 ✭✭✭✭✭

    I did not see the information about the 1720 gold guinea.... must have skipped that article. Cheers, RickO

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