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Divers Discover Largest Treasure Of Gold Coins Ever Found In Israel

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CoinWeek's Avatar
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 Posted 02/17/2015  5:29 pm Show Profile   Bookmark this topic Add CoinWeek to your friends list Get a Link to this Message Number of Subscribers
The following is an article excerpt from Coinweek

In a press release issued Tuesday, February 17, the Israel Antiquities Authority (IAA) reported that the largest treasure of gold coins ever discovered in Israeli territory had been recovered from the bottom of the Mediterranean Sea in the harbor of the ancient city of Caesarea.

Winter storms in the area were responsible for uncovering the find site, according to the IAA.

Read the Entire Article
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ArrowsAndRays's Avatar
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 Posted 02/17/2015  6:19 pm  Show Profile   Bookmark this reply Add ArrowsAndRays to your friends list Get a Link to this Reply

Quote:
"Several of the coins that were found in the assemblage were bent and exhibit teeth and bite marks, evidence they were "physically" inspected by their owners or the merchants," Cole said.


Amazing history - kudos to the divers who did the right thing!
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vermontensium's Avatar
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 Posted 02/17/2015  6:28 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
Wow!
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damcon3's Avatar
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 Posted 02/17/2015  9:11 pm  Show Profile   Bookmark this reply Add damcon3 to your friends list Get a Link to this Reply
Let's see about 2000 coins totaling 9 pounds, about 2 grams per coin?
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GR58's Avatar
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 Posted 02/17/2015  9:46 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply

Quote:
Let's see about 2000 coins totaling 9 pounds, about 2 grams per coin


The way I read the article ..

2000 coins .. "weighing close to 20 pounds (9 kg) all together"
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XavierOfGreen's Avatar
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2589 Posts
 Posted 02/17/2015  10:04 pm  Show Profile   Bookmark this reply Add XavierOfGreen to your friends list Get a Link to this Reply
Thats easily around $350,000 melt value alone, but numismatically they should be worth much more than that. A heritage search shows ranges between $400 and $700 per coin, so think more like $800,000 to well over $1 million.
If I found that, I aint giving it to no national antiquities agency ill tell you that much
Edited by XavierOfGreen
02/17/2015 10:10 pm
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