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Mr Coleman, from Southampton, was taking part in a dig in the Padbury area on 21 December when he found the 5,251 coins depicting the heads of kings Ethelred the Unready and Canute.
Mr Welch, who was immediately notified, said he was "shellshocked" when he realised "it was real".
"There was general silence and a sharp intake of breath of the people watching," he said.
"This is something you dream of witnessing, let along digging up.
"They looked almost uncirculated, like they were straight from a mint."
The old Buckingham mint would have been within a day's walking distance so a possible link with that will be explored, he said.
www.bbc.co.uk...
I was fortunate to witness the uncovering of this jaw dropping magnificent hoard found in Lenborough last Sunday. A dig run by Weekend Wanderers. I managed to film the first couple of hours on my phone before the battery packed in.
www.ancient-origins.net...
Paul Coleman from the Weekend Wanderers Detecting Club discovered more than 5,000 coins buried inside a lead bucket two feet under a field near Aylesbury.
originally posted by: St Udio
I expect collectors to buy a coin at a price near 100$ or a 100 E per coin, only because there will be so many available all at once
- All coins from the same hoard. A hoard is defined as two or more coins, as long as they are at least 300 years old when found. If they contain less than 10% gold or silver there must be at least 10 in the hoard for it to qualify.
-Two or more prehistoric base metal objects in association with one another
-Any individual (non-coin) find that is at least 300 years old and contains at least 10% gold or silver.
-Associated finds: any object of any material found in the same place as (or which had previously been together with) another object which is deemed treasure.
-Objects substantially made from gold or silver but are less than 300 years old, that have been deliberately hidden with the intention of recovery and whose owners or heirs are unknown.
originally posted by: KEMIK
Awesome. I've been fascinated with finding a hoard like this since I was a kid (most have I think). Time to start digging in my back yard.
Thanks for sharing.
originally posted by: stumason
a reply to: Klassified
Quite - if you some legwork and investigate history, you can come up with a good guess as to a rough area to find some Anglo-Saxon or Roman gold. For Roman's specifically, many took to abandoning their villa's when the Empire collapsed and buried their gold nearby for later recovery - locate an old Villa and you can reasonably assume that somewhere nearby there will be some riches buried. It's just a matter of finding them.
This particular horde was found not too far from a former Mint - as mentioned in the article.
originally posted by: Klassified
originally posted by: KEMIK
Awesome. I've been fascinated with finding a hoard like this since I was a kid (most have I think). Time to start digging in my back yard.
Thanks for sharing.
I believe it was Charles Garrett that said something to the effect of: There is more money in the ground, than there is in circulation today.
That's a lot of money still buried.
originally posted by: FalcoFan
a reply to: stumason
Lol-I wouldn't say a word about a find like that.
It would be sold one or two coins at a time in several locations over the rest of my life.
Besides-how many times do you hear about governments actually finding treasure-it's usually the little guy willing to do the work on his/her own on their own dollar with their own equipment.
And then whatever gov comes and steals it from them.
No thanks-I would rather keep anything I find.