| Author |
 Replies: 11 / Views: 1,200 |
|
|
Pillar of the Community
United States
3843 Posts |
|
|
|
|
Pillar of the Community
7234 Posts |
Well, there goes the market!  |
|
Moderator
 United States
23731 Posts |
Wow that was some horde. They are really going to be cheap now.
|
|
Pillar of the Community
Canada
5241 Posts |
@Mark1959, according to the article they won't be catalogued for several years. I kind of doubt they will ever hit the market. The Song Dynasty has a lot of common coins anyway.
|
|
Rest in Peace
United States
17900 Posts |
At least, in a few years, you'll have a 50% chance of buying a real example.
|
|
Pillar of the Community
United States
1309 Posts |
Even though I know absolutely nothing about Chinese coins, that is one heck of a find!
|
|
Bedrock of the Community
 United States
12477 Posts |
Wow, thanks for sharing!
In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
|
|
Pillar of the Community
United States
5832 Posts |
I'd like to go over those coins...
|
|
Pillar of the Community
United States
6130 Posts |
Amazing find! Sadly, I doubt the "owners" saw even a single penny after the government was called in  300,000 coins is a huge amount, but I suspect it's nothing compared to what's already on the market. |
|
Moderator
Australia
16832 Posts |
Once coins go into museums, they generally don't come out, no matter how cheap and common they are. Museums and archaeologists generally hate coin collectors as "the enemy" and would not choose to do anything that encourages it. So this will have no bearing on current market availability of these coins.
Song Dynasty coins are the second-most-common cash coins after Qing Dynasty ones, so even a hoard this large would not alter the current known population by much.
As for the owners of the house, recovering a hoard that large would probably have required the demolition of the house. In China, all antiquities buried in the ground are the property of the State. Finders are compensated, but at a value determined by government valuers who are not likely to pay "full market value". Still, even a reduced market value on a hoard that large would probably give the homeowner enough money to rebuild their house.
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
|
|
Pillar of the Community
United States
6370 Posts |
The value of most of these coins is 5¢ to $1 anyway, due to their commonness. Every so often a hoard of these (and this is by no means the largest) is found. I'd be surprised if the government decides to keep them as it would cost more to conserve/store them than the coins are worth.
|
|
Pillar of the Community
United Kingdom
516 Posts |
Would be fun having a look through these.
|
| |
Replies: 11 / Views: 1,200 |
|
Posted 10/29/2017 6:24 pm
