THIS IS... how it should work everywhere...
In accordance to the Treasure Act 1996, Bradshaw reported his discovery to the local Portable Antiquities finds liaison officer. The Portable Antiquities Scheme, incidentally, was established in 1997, a year after the Treasure Act 1996 was passed. This scheme is aimed at recording the small finds of archaeological interest that are made by the public. Thus, the Ringlemere Gold Cup was recorded, and in 2002, was declared a treasure.
Due to its archaeological significance, the Ringlemere Cup was purchased by the British Museum for £270,000. The sum required to buy this artifact was raised through donations by the Heritage Lottery Fund, the National Art Collections Fund and The British Museum Friends, and the money was then split between Bradshaw and the Smith family, who owns Ringlemere Farm.
PS... That website sucks ever since they sold every square inch they could to advertisers.