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 Replies: 9 / Views: 1,287 |
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Pillar of the Community
United States
2637 Posts |
Builders discovered a stash of 239 gold coins at a manor in northwestern France which could earn up to 300,000 euros ($356,490) at auction later this month. All 239 coins were minted during the sovereignty of Louis XIII and Louis XIV, according to the Regional Preventive Archaeology Service in France, which authenticated, analyzed and researched the coins. The oldest of them dates back to 1638, with the most recent from 1692. https://www.cnn.com/style/amp/britt...i/index.html |
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Moderator
 United States
56855 Posts |
I wonder what the buyers paid for the house in 2012? Who gets the profits from the sale of the coins? Home owner ,builders or the government? John1  |
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Bedrock of the Community
United States
94367 Posts |
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Pillar of the Community
Canada
999 Posts |
I would think the homeowners as it is on their property. If they're nice, maybe they'll toss a few to the builders. If any are sold, then the government gets their share in taxes.
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Moderator
United States
187702 Posts |
Very interesting!  |
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Pillar of the Community
United States
2703 Posts |
The Smithsonian article gives more details, including how the profits will be split and a close up of the charming 1646 Double Louis d'Or with long curl.  Edited by t360
09/08/2021 5:05 pm
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Bedrock of the Community
United States
19122 Posts |
Not seeing road rash on this example.
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Pillar of the Community
United States
3638 Posts |
Very interesting article! I always love hearing about finds like this.
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Pillar of the Community
United States
2869 Posts |
That is a very nice coin!
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Moderator
Australia
16808 Posts |
Quote:
I would think the homeowners as it is on their property. If they're nice, maybe they'll toss a few to the builders. If any are sold, then the government gets their share in taxes. That may be how things are in North America, or Australia for that matter, but in most of Europe, things are different. In France, lost treasure belongs to the State and must be reported; failure to report a find is a criminal act. What happens to it depends on how it was found. For "unexpected" finds such as this one, the finders are entitled to a "reward" based on the market value of the finds, but they aren't allowed to keep any of the items themselves. If the finders or landowners want to keep an example, they have to go to the auction and bid alongside everyone else. Using a metal detector in France is strictly controlled and the casual use of one is discouraged, even on your own property. Finding treasure with a metal detector is deemed under French law to be "non-unexpected", and thus the finder is not entitled to keep anything; only the landowner receives a share of the proceeds. 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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Replies: 9 / Views: 1,287 |
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Posted 09/08/2021 10:11 am
