Gold Coin Treasures Found In Rome
There’s nothing more exciting than finding hidden treasure! Everyone has the fantasy of digging up valuable treasure, and the first visual that always comes to mind is gold coins. This is especially true for people who are metal detector enthusiasts, always out for a big find. Amazingly, some metal detectorists were able to accomplish the ultimate goal: An amazing hoard of buried treasure! Keep reading to learn more about these amazing gold coin treasures, and why collecting gold coins can be such a great investment.
‘Exceptional’ Roman Gold Coin Hoard Found Near Norwich
According to an article by the BBC, a hoard of Roman gold coins hidden in the decades before the Roman invasion of Britain has been discovered.
Eleven coins have been found so far, scattered near Norwich in Iceni tribe territory. Their queen Boudica would later rebel against Roman rule. Numismatist Adrian Marsden said the hoard is “really quite exceptional” and more coins might be unearthed. An inquest at Norfolk Coroner’s Court into the two latest finds deemed them treasure.
The first coins were found by two metal detectorists in 2017 and they have been uncovering more ever since. Mr Marsden, from the Norfolk Historic Environment Service, said: “In the last two or three years, they’ve said, ‘There won’t be any more,’ and I’ve said, ‘There will be,’ and sure enough they pull another one out.
“Hoards get dispersed by tractors and ploughs or planting, so coins get moved about fields and can travel quite some distances.”
Metal detecting and the law:
- No search can begin until permission has been given by the landowner
- All finds belong to the landowner
- Any find in England, Wales, and Northern Ireland that is more than 300 years old, made of gold or silver, or found with gold or silver artifacts, could be treasure under the 1996 Treasure Act
- These must be reported to the appropriate county finds liaison officer
They were struck at Lugdunum, now Lyon, in France, between the last years of the 1st Century BC and the first years of the 1st Century AD – a generation before the Roman invasion in AD43.
They are hardly worn and each has a tiny peck mark by the emperor Augustus’ head, which Mr Marsden believes was done by Iceni craftsmen to check their quality.
“These are really high purity gold, whereas the Iron Age gold coins circulating at that time is quite debased – they knew good Roman gold when they saw it,” he said.
Mr Marsden believes an Iceni goldsmith might have intended to use them to create gold torcs, similar to the ones found at Ken Hill at Snettisham between 1948 and 1990.
He said: “To have a hoard where the coins in it are all from or before the Roman invasion – and we have good cause to believe they are going into the ground before the Roman invasion – is really quite exceptional.”
The British Museum has acquired the first nine coins and is expected to acquire the latest finds.
Collecting Gold as an Investment
There are endless types of gold coins you can collect depending on your interests, what you find to be beautiful and desirable, your investment goals, and much more. Gold coins are constantly being minted for commemorative purposes and much more. However, some of the top coins for investing in gold include:
- American Eagle 1-Ounce Gold Coin
- American Buffalo 1-Ounce Gold Coin
- Canadian Maple Leaf 1-Ounce Gold Coin
- British Britannia 1-Ounce Gold Coin
- South African Krugerrand 1-Ounce Gold Coin
How Do Gold Coins Get Value?
The value of a gold coin is determined by several factors. Also according to the US Money Reserve, these factors include:
- Coin type
- Coin size
- Coin grade
- Coin company
If the coin is able to reach the highest grade on each of these factors, has a rare date, and is in high demand, the value will skyrocket. In addition, it is important to understand the different parts of a gold coin. Every marking, design, stamp, number, and letter on a gold coin matters and can ultimately affect its value.
Investing in Gold Coins with Priority Gold
The rarer the coin is, the more valuable it can be. This is why finding these Roman gold coins was such big news. Collecting coins can be a fun and exciting hobby and one that could ultimately pay off in retirement. Assembling a set and date run can not only be fun and satisfying, it can also pay off big when you’re ready to sell.
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