Jobless man uncovers gold hoard with metal detector?????

[Newt]

He just had to tell someone about it.
Newt

He would have been stupid not to.

What is the penalty for not turning in "treasure trove" finds? I know it is mandatory to turn them in but just how much trouble do you get into if you decide not to and get caught?

Charlie

Imprisonment of 3 months or a fine of upto £5000. But very few get this punishment, but you can bet they would for a find of this significance (plus the loss of the objects).

My point was not about being caught, it was that:

This is the most significant find since Sutton-hoo in the 1930s. This will take years to piece together the story it tells us of the heart of the Mercian Kingdom & British history as a whole.
If he kept it (remembering some of these items are unknown to exsist anywhere else), he would have to very slowly drip them into the market. The collectors of these would be risking buying 'stolen' goods. Most collectors would want provenance, what would he say. He would get noticed eventually.

He would also never achieve as much as the final valuation for these (because as a hoard they come with a premium, ie historial importance) & therefore would overall risk too much for less money.

If the deal with the farmer is 50%, I'm going to predict he gets at least £5 Million.

Loads of over reasons why it would be stupid not to allow the Museums to study & display these amazing finds.

Over here, the landowner would probably have told the detectorist to get lost(even though it was found on his property). I'm sure this will constitute income also. Maybe, I'm wrong here but it's just my opinion. In the USA, the state it was found in will fight tooth and nail to take it ALL. Ask Mel Fisher. He died shortly after winning his battle with Florida.

Newt

 

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[CRUSADER]

He just had to tell someone about it.
Newt

He would have been stupid not to.

What is the penalty for not turning in "treasure trove" finds? I know it is mandatory to turn them in but just how much trouble do you get into if you decide not to and get caught?

Charlie

Imprisonment of 3 months or a fine of upto £5000. But very few get this punishment, but you can bet they would for a find of this significance (plus the loss of the objects).

My point was not about being caught, it was that:

This is the most significant find since Sutton-hoo in the 1930s. This will take years to piece together the story it tells us of the heart of the Mercian Kingdom & British history as a whole.
If he kept it (remembering some of these items are unknown to exsist anywhere else), he would have to very slowly drip them into the market. The collectors of these would be risking buying 'stolen' goods. Most collectors would want provenance, what would he say. He would get noticed eventually.

He would also never achieve as much as the final valuation for these (because as a hoard they come with a premium, ie historial importance) & therefore would overall risk too much for less money.

If the deal with the farmer is 50%, I'm going to predict he gets at least £5 Million.

Loads of over reasons why it would be stupid not to allow the Museums to study & display these amazing finds.

Over here, the landowner would probably have told the detectorist to get lost(even though it was found on his property). I'm sure this will constitute income also. Maybe, I'm wrong here but it's just my opinion. In the USA, the state it was found in will fight tooth and nail to take it ALL. Ask Mel Fisher. He died shortly after winning his battle with Florida.

Newt

the more I hear, the better I feel about detecting in the UK. It pays to be honest. Personally, I couldn't care less about the money how ever much it is.

 

[savant365]

the more I hear, the better I feel about detecting in the UK. It pays to be honest. Personally, I couldn't care less about the money how ever much it is.

Uhh...you would not care about 5 million pounds/dollars Come on now with a payday like that you could quit your day job and detect full time. Tell me you wouldn't love that

Charlie

 

[lafatlife]

From the article on yahoo: "The hoard was officially declared treasure by a coroner, which means it will now be valued by a committee of experts and offered up for sale to a museum. Proceeds would be split 50-50 between Herbert and his farmer friend, who has not been identified. The find's exact location is being kept secret to deter looters."

50-50 split....well worth it in my opinion!!!

 

[cuzcosquirrel]

Part of my family is from that area. To me, it is looking at something that relates back to where I came from and my ancestors. I think he did the right thing.

 

[CRUSADER]

the more I hear, the better I feel about detecting in the UK. It pays to be honest. Personally, I couldn't care less about the money how ever much it is.

Uhh...you would not care about 5 million pounds/dollars Come on now with a payday like that you could quit your day job and detect full time. Tell me you wouldn't love that

Charlie

My body is struggling to cope with part-time.

 

[Steve_UK]

Would you believe it Cru... this lot was found not 2 miles from where I was detecting in April/May! Time to get the cobwebs off the Garrett and get back out there, methinks!!!!

 

[savant365]

the more I hear, the better I feel about detecting in the UK. It pays to be honest. Personally, I couldn't care less about the money how ever much it is.

Uhh...you would not care about 5 million pounds/dollars Come on now with a payday like that you could quit your day job and detect full time. Tell me you wouldn't love that

Charlie

My body is struggling to cope with part-time.

Yeah but think how much better you would feel not having to go to work. You could probably even hire Shaun7 to be your assistant, LOL.

 

[UK Stan]

"redefining the dark ages"

WOW!!

http://www.guardian.co.uk/artanddesign/video/2009/sep/24/treasure-staffordshire-anglo-saxon

 

[ivan salis]

hooray for him and the farm owner !!! it warms my heart to hear that a poor working class type stiff finally catches a break --a 10 million pound british hoard is about 16 million USD --about 8 million each ( minus a huge amounts of "offical" taxes of course ) but it should still leave a couple million each for them to get by on .

 

[Steve_UK]

Just for the record, here's the local rag's take on the find...

http://www.expressandstar.com/2009/09/24/gold-treasure-find-rewites-history/

Damn, I was so close to it..... Still, I was meant to be poor I guess!!!!!

 

[CRUSADER]

hooray for him and the farm owner !!! it warms my heart to hear that a poor working class type stiff finally catches a break --a 10 million pound british hoard is about 16 million USD --about 8 million each ( minus a huge amounts of "offical" taxes of course ) but it should still leave a couple million each for them to get by on .

Sorry this is only my prediction. The papers said £1m +, I think this is way off. It will be a year before we know for sure.

 

[Iron Patch]

Well I dont know 'bout the rest of ya but my immediate thought when I read this was : OMG Cru' hit the Mother Load !!!! :

To bad it was you brotha !

D.

Seriously, I'm not that good or lucky. Just persistant.

Damn you're just like that black fly on my shoulder the other day!

 

[UK Stan]

hooray for him and the farm owner !!! it warms my heart to hear that a poor working class type stiff finally catches a break --a 10 million pound british hoard is about 16 million USD --about 8 million each ( minus a huge amounts of "offical" taxes of course ) but it should still leave a couple million each for them to get by on .

Sorry this is only my prediction. The papers said £1m +, I think this is way off. It will be a year before we know for sure.

Agreed. This will reach record levels. £17.5 million + and counting. This dig has never been seen before in the UK, this is absolutely massive. Anglo-Saxon finds from probably AC675 to 725. Multiply by 1500 pieces, covered in heavy gold and silver.

No doubt it will eventually go to auction, an Arab sheik with the right bid will have a 'field day'.

 

[CRUSADER]

hooray for him and the farm owner !!! it warms my heart to hear that a poor working class type stiff finally catches a break --a 10 million pound british hoard is about 16 million USD --about 8 million each ( minus a huge amounts of "offical" taxes of course ) but it should still leave a couple million each for them to get by on .

Sorry this is only my prediction. The papers said £1m +, I think this is way off. It will be a year before we know for sure.

Agreed. This will reach record levels. £17.5 million + and counting. This dig has never been seen before in the UK, this is absolutely massive. Anglo-Saxon finds from probably AC675 to 725. Multiply by 1500 pieces, covered in heavy gold and silver.

No doubt it will eventually go to auction, an Arab sheik with the right bid will have a 'field day'.

yeah hard to put a figure on, its pretty much priceless. £20m would not surprise me either.

I think the museums will retain it if they can, they will be looking for wealthy benefactors as we speak.

 

[gilgar]

What a great find, I saw that this morning and first thing I did was check Tnet thinking for sure it was one of you guys.

 

[spartacus53]

What a great find, I saw that this morning and first thing I did was check Tnet thinking for sure it was one of you guys.

I'd have to agree here, you guys have already dug up half of the UK from what I've seen on your posts

 

[DavidBeard]

Would you believe it Cru... this lot was found not 2 miles from where I was detecting in April/May! Time to get the cobwebs off the Garrett and get back out there, methinks!!!!

Just over the fence from me Steve! You close by then?

 

[CRUSADER]

What a great find, I saw that this morning and first thing I did was check Tnet thinking for sure it was one of you guys.

I'd have to agree here, you guys have already dug up half of the UK from what I've seen on your posts

No only a tiny fraction.

 

[stefen]

From watching the video, it appears that the finds were within 6 to 8 inches of the surface. I'm suprised that the farmers plow didn't churn the finds to the surface...or spread them over several acres.

What else can be said that hasn't already been voiced.

Pardon me while I contact the airport...need crusaders telephone number...