British treasure trove laws are a boon for numismatics - finders of buried artifacts must report them to authorities, but are compensated at fair market value if the treasure is purchased by a museum. But don't "forget" to report your find. If authorities get wind of it, you're in big trouble. A woman who found a rare coin in her garden as a child has been arrested for failing to report it.
A woman who found a 700-year-old coin in her garden as a child has become the first person to be convicted of failing to hand in suspected treasure.
Kate Harding, 23, was prosecuted under the Treasure Act after she ignored orders to report the rare find to a coroner.
A court heard the silver piedfort marking Charles IV's ascension to the French throne in 1322 was discovered by Miss Harding 14 years ago as she worked in the garden with her mother.
Following her mother's death a short time later, Miss Harding kept the 1.4g item as a memento until she eventually approached museum experts with it last year who identified it as a piedfort, but she did not inform the coroner.
The exact use of piedforts is unknown. They are generally thicker than coins and were not used as currency. Experts have suggested they were used as guides for mint workers or as reckoning counters for officials.
Only three others have been found in the UK. One found in 2007 was bought by the British Museum for £1,800.
Read more: http://www.dailymail.co.uk/news/worldnews/article-1253991/Woman-coin-worth-2-000-garden-prosecuted-reporting-treasure.html#ixzz0gnIWq2D3
To read the complete article, see:
Woman who found coin worth £2,000 in garden becomes first to be prosecuted for not reporting treasure
Wayne Homren, Editor
The Numismatic Bibliomania Society is a non-profit organization
promoting numismatic literature. See our web site at coinbooks.org.
To submit items for publication in The E-Sylum, write to the Editor
at this address: email@example.com
To subscribe go to: https://my.binhost.com/lists/listinfo/esylum
Copyright © 1998 - 2012 The Numismatic Bibliomania Society (NBS)
All Rights Reserved.
NBS Home Page
Contact the NBS webmaster