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Saxon Silver Penny Hoard

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Lucky Cuss's Avatar
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 Posted 05/11/2026  5:35 pm Show Profile   Bookmark this topic Add Lucky Cuss to your friends list Get a Link to this Message Number of Subscribers

A historically important unearthing.

See: https://ancientist.com/14-saxon-sil...age-anxiety/

Colligo ergo sum
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Vector Ze's Avatar
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 Posted 05/11/2026  5:46 pm  Show Profile   Check Vector Ze's eBay Listings Bookmark this reply Add Vector Ze to your friends list Get a Link to this Reply
Amazing. And in such great shape after being buried for 1,100 years?

Question: What does it mean when something is "declared treasure"?
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Lucky Cuss's Avatar
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 Posted 05/11/2026  6:16 pm  Show Profile   Bookmark this reply Add Lucky Cuss to your friends list Get a Link to this Reply


Quote:
Question: What does it mean when something is "declared treasure"?


In the UK, per the Treasure Act of 1996, any significant find is to be reported to the local coroner who makes a determination as to whether it constitutes "treasure" which would then become property of the Crown.


Colligo ergo sum
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Vector Ze's Avatar
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 Posted 05/11/2026  6:21 pm  Show Profile   Check Vector Ze's eBay Listings Bookmark this reply Add Vector Ze to your friends list Get a Link to this Reply
So, the people who found the coins get nothing?
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Lucky Cuss's Avatar
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 Posted 05/11/2026  6:30 pm  Show Profile   Bookmark this reply Add Lucky Cuss to your friends list Get a Link to this Reply


Quote:
So, the people who found the coins get nothing?


Typically they will receive a reward based upon the treasure's value.

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Victor's Avatar
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 Posted 05/11/2026  6:37 pm  Show Profile   Check Victor's eBay Listings Bookmark this reply Add Victor to your friends list Get a Link to this Reply
check out the Portable Antiquities Scheme website

https://finds.org.uk/
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Sap's Avatar
Australia
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 Posted 05/11/2026  9:15 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply

Quote:
So, the people who found the coins get nothing?


Typically they will receive a reward based upon the treasure's value.

They will receive full market value as a "reward" for finding the Crown's treasure, with "full market value" determined by a panel of independent valuers. But they aren't allowed to keep the items themselves unless none of the museums declare an interest in acquiring the items - in effect, they would be free to use their reward money to "buy back" some or all of the items they found.

It may seem unfair and intrusive compared with the laissez-faire "finders keepers" system in effect in most of the New World, but the English system is the fairest and most equitable system for finders of lost treasure in Europe. This is helped by Britain being a rich country and (relatively) archaeology-poor, so it can afford to pay people fairly for any interesting finds of national, regional, or local significance. Compare this with say, Greece - a country that's archaeologically rich but financially bankrupt. They couldn't afford to pay everybody fairly for the vast amount of antiquities dug up in that country every day, so they don't bother trying. In Greece, anything older than 1826 belongs to the State. Finders of antiquities are obligated to hand over everything they find to the State and get nothing in return except the warm fuzzy feeling of doing the right thing by your country.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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chrsmat71's Avatar
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 Posted 05/11/2026  9:28 pm  Show Profile   Bookmark this reply Add chrsmat71 to your friends list Get a Link to this Reply
Thanks for sharing Lucky Cuss, very cool!
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tdziemia's Avatar
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 Posted 05/12/2026  06:56 am  Show Profile   Bookmark this reply Add tdziemia to your friends list Get a Link to this Reply

Quote:
It may seem unfair and intrusive compared with the laissez-faire "finders keepers" system in effect in most of the New World, but the English system is the fairest and most equitable system for finders of lost treasure in Europe.


Nice analysis.
It's also the best system for reconstructing the history of the use of money. I think the British finds are recorded in a large database that's available to the public. So, statisical analysis of what coins were deposited where and when allows academics to figure out patterns of medieval coin use.
Edited by tdziemia
05/12/2026 9:31 pm
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SquareCircle's Avatar
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 Posted 05/12/2026  08:46 am  Show Profile   Bookmark this reply Add SquareCircle to your friends list Get a Link to this Reply
How many coins does it take to make a "hoard"? I was expecting a "hoard" to have a much larger number than 14.
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jbuck's Avatar
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 Posted 05/12/2026  09:40 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Very interesting and thank you for sharing.

I have no problem with this system. In my collection, this is nothing unique or truly rare. I might feel guilty if there were and did not share it with the world. History belongs to the people.
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Sap's Avatar
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 Posted 05/12/2026  7:11 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply

Quote:
How many coins does it take to make a "hoard"? I was expecting a "hoard" to have a much larger number than 14.

The Treasure Act of 1996 specifies the numbers of coins needed to meet the definition of "Treasure" and trigger the Act; the number depends on the composition of the coins.
- For base metal (defined as "less than 10% gold or silver"): 10 coins or more
- For precious metal (more than 10% of either gold or silver): 2 coins or more.

Thus, for these silver Saxon coins, finding just one of them isn't Treasure, but finding two or more of them together is.

Note that the definition also gives an age limit: "at least 300 years old". The Act isn't interested in annexing modern non-historic coins. So, if you go out digging today and find two silver coins dated 1726, the Act applies. But if those same two coins were dated 1727, the Act doesn't apply, and it's "Finders Keepers" for you. But if go dig up those same two 1727 coins next year, the Act would apply to them.

It may seem arbitrary and convoluted, but as the Act states in the preamble, it's a simplified improvement over the previous Treasure Trove laws, which needed a Coronial inquest to be held whenever any gold or silver coins were found, to determine if the coins had been deliberately buried with intent to recover them later, or accidentally lost. If deemed accidentally lost, it wasn't Treasure and the finder could keep it, but if deliberately hidden, it was Treasure and the descendants of the ones who buried it still legally owned it and had to be tracked down. If those owners were unknown and/or could not be traced, only then did it belong to the Crown, which might (or might not) then give a reward to the finder. It was a whole long drawn-out legal process with lots of legal loopholes; for example, grave-robbing was technically not a crime under the old laws because objects in a grave were buried without the "intent of recovering them later".
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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tdziemia's Avatar
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 Posted 05/13/2026  06:50 am  Show Profile   Bookmark this reply Add tdziemia to your friends list Get a Link to this Reply
I wonder why the title calls these Saxon pennies (which I at first took to mean German when I saw )?
The rest of the article always uses "Anglo-Saxon" when referring to England at the time, but mixes "Saxon" and "Anglo-Saxon" when referring to the coins.
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Sap's Avatar
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 Posted 05/13/2026  09:52 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
In English history, "Saxon" is the common abbreviation for "Anglo-Saxon" when referring to a specific era or time period: circa 500 AD to the Norman conquest of 1066.

"Anglo-Saxon England" is the academically correct terminology, and the terminology used on Wikipedia for the time period, for example. But one does have to be careful in the popular press when referring to "Anglo-Saxons", as that term is also used today in the mainstream culture to describe modern white people generally rather than people and culture specific to that time period. The word "Saxon" by itself does not carry that same modern baggage, though does also carry some potential confusion in a broader European historical context with the German tribe and nation of that same name. And "Saxon" is not technically incorrect either, as this seems to be a name that the pre-Norman English people often called themselves in their own records.Those same ancient records refer to the Saxons still living back in Germany as "Old Saxons".
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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