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Tyche Shepherd · 09-24-2009, 08:35 AM

The largest amount of Anglo Saxon gold ever found in England was declared Treasure-Trove today . This means that it belongs to the Crown (The Queen still has rights over all buried treasure in the UK) . The find , which has been kept secret for about a year is the largest and most significant of its type since the Sutton-Hoo ship burial was excavated 70 years ago. Most of the 1400 to 1500 year old gold and silver objects are weapon hilts, and include cut gems such as garnets which are believed to have come from as far a field as India.

Quantum Destiny · 09-24-2009, 08:38 AM

If I found something like that, I would find it really difficult to part with. Not because of its monetary value - the finder will of course be compensated - but because I am absolutely fascinated with this kinda stuffs.

Quantum Destiny · 09-24-2009, 08:38 AM

@ the tags

Tyche Shepherd · 09-24-2009, 08:45 AM

Quote:

Originally Posted by Quantum Destiny

If I found something like that, I would find it really difficult to part with. Not because of its monetary value - the finder will of course be compensated - but because I am absolutely fascinated with this kinda stuffs.

I know very much what you mean, it's one reason why I do like the antiquated law of treasure-trove, because it effectively helps preserve find like this for the Nation, as opposed to seeing them disappearing into private collections where they never see the light of day . The nice thing is that Treasure Trove was first put into English Law by one of the last Anglo-Saxon kings - Edward the Confessor , 500 years after this hoard was buried

Quantum Destiny · 09-24-2009, 08:57 AM

I wonder how much is not declared, though? I bet there must be some important finds out there that we will never learn about

How the hell do they even value something like this? I know it wouldn't be offered to a private collector, but if it was, it would go for much much more than £1 million.

Trout Recreant · 09-24-2009, 01:08 PM

I think Quantum answered my question, but is there compensation for the finder, and how do they value that?

io Kukulcan · 09-24-2009, 01:28 PM

It's priceless, so it has to go to a museum, so we can all enjoy it.
Glad this stuff is the Queen's, as there's countless Meso-American treasures that have been sitting on some fat Spaniard's mantle for generations.

Trout Recreant · 09-24-2009, 01:31 PM

I agree, Io. That's why i was wondering what they do for the finder. I definitely think something like this should go somewhere like a museum so it can be appreciated by everyone. It is a part of the nation's history.

Imagine the feeling when you find something like that. I wonder what the back story is.

Edit to add: "coroner" must mean something different in the UK than it does in the States.

Tyche Shepherd · 09-24-2009, 01:32 PM

Quote:

Originally Posted by Trout Recreant

I think Quantum answered my question, but is there compensation for the finder, and how do they value that?

There is huge compensation , to be split 50/50 between the land owner and the finder . A panel will adjudicate what the market value for the treasure is , and award that . Currently the people involved in setting this figure say it will take a while but it's a minimum of 7 figures .

Tyche Shepherd · 09-24-2009, 01:52 PM

Quote:

Originally Posted by Trout Recreant

Edit to add: "coroner" must mean something different in the UK than it does in the States.

Coroners in the UK are very much like Coroners in the States and their main role is in determining cause of death - though they are not necessarily medical examiners like Quincy

. It's just in the UK they have additional powers such as adjudicating if found items are treasure or not - The root of the name comes from someone who represents The Crown in an official role - in this case this includes deciding if treasure belongs to The Crown or the finder. .

Mukatsuku · 09-24-2009, 04:31 PM

Quote:

Originally Posted by Tyche Shepherd

There is huge compensation , to be split 50/50 between the land owner and the finder . A panel will adjudicate what the market value for the treasure is , and award that . Currently the people involved in setting this figure say it will take a while but it's a minimum of 7 figures .

It actually goes 100% to the finder, who is expected to be paid around a million pounds for it, however, it is common and accepted practice for the finder to give 50% to the landowner. He's not bound by law to do so, but since it's a long-standing tradition, people will call him a git and a rotter if he does not.

Tyche Shepherd · 09-24-2009, 04:48 PM

Quote:

Originally Posted by Mukatsuku

It actually goes 100% to the finder, who is expected to be paid around a million pounds for it, however, it is common and accepted practice for the finder to give 50% to the landowner. He's not bound by law to do so, but since it's a long-standing tradition, people will call him a git and a rotter if he does not.

No it doesn't and never has , The Treasure Act of 1996 (and also earlier statutes) state that the Finder AND the Land owner are eligible for a reward - actually there is also a third group of people who may be eligable for a reward and that would be any Occupiers (i.e. lease holders) of the Land if they are different from the Land Owner.

Mukatsuku · 09-25-2009, 01:34 AM

Quote:

Originally Posted by Tyche Shepherd

No it doesn't and never has , The Treasure Act of 1996 (and also earlier statutes) state that the Finder AND the Land owner are eligible for a reward - actually there is also a third group of people who may be eligable for a reward and that would be any Occupiers (i.e. lease holders) of the Land if they are different from the Land Owner.

The act states it "may" be payable to anyone involved or nobody.

Quote:

(5)The reward may be payable to—
(a)the finder or any other person involved in the find;
(b)the occupier of the land at the time of the find;
(c)any person who had an interest in the land at that time, or has had such an interest at any time since then.
(6)Payment of the reward is not enforceable against a museum or the Secretary of State.

Also
BBC News | UK | What happens if you discover treasure

Quote:

Who is eligible for rewards?

If a museum wants to acquire the treasure, an independent valuation committee will value the treasure, to determine the reward paid to the finder.

Where the finder has permission to be on the land, rewards are paid in full.
If the finder makes an agreement with the occupier or landowner to share a reward, the government will be prepared to follow the terms of the agreement.
A finder who has been trespassing may expect a reduced award or none at all. Landowners and occupiers will be eligible for rewards when this happens.
Archaeologists will not normally be eligible for rewards.

Trout Recreant · 09-25-2009, 12:39 PM

Quote:

Originally Posted by Tyche Shepherd

Coroners in the UK are very much like Coroners in the States and their main role is in determining cause of death - though they are not necessarily medical examiners like Quincy

. It's just in the UK they have additional powers such as adjudicating if found items are treasure or not - The root of the name comes from someone who represents The Crown in an official role - in this case this includes deciding if treasure belongs to The Crown or the finder. .

Thanks for the clarification. Here, it's all dead people all the time. They don't get to play with treasure, unless, of course, they find some inside a dead person.

Be11a Lefevre Bunny Swan · 09-25-2009, 06:45 PM

wow that is soo cool! I think the only thing I'll find near my house is a can of pork & beans (empty) or a hypodermic needle. (J/K)

09-24-2009, 08:35 AM	#1 (permalink)
Tyche Shepherd Fortuna vitrea est enjoying the victor's spoils Join Date: Aug 2007 Location: UK Posts: 5,465 My Mood: SL Join Date: 26th April 2007 Awards: 1	Huge Anglo-Saxon Gold Hoard found The largest amount of Anglo Saxon gold ever found in England was declared Treasure-Trove today . This means that it belongs to the Crown (The Queen still has rights over all buried treasure in the UK) . The find , which has been kept secret for about a year is the largest and most significant of its type since the Sutton-Hoo ship burial was excavated 70 years ago. Most of the 1400 to 1500 year old gold and silver objects are weapon hilts, and include cut gems such as garnets which are believed to have come from as far a field as India. BBC NEWS \| UK \| England \| Staffordshire \| Huge Anglo-Saxon gold hoard found There is a slideshow of some of the pieces found here BBC NEWS \| UK \| Anglo-Saxon treasures uncovered - Many of them are exquisite __________________ Vanguard of the LolCatz Revolution This Post was financed by The National LolCatz Archives Clancy Sullivan :Yeah. YEAH! The sultry seamstress of mirth is definitely in charge now. Certified 7.8 on the Official Non-Arbitrary Trout Algorithmic Slut scale A public copy of my Second Life Main Grid Survey Database can be found at http://www.gridsurvey.com - Now with added Second Life Incidents !!

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09-24-2009, 08:38 AM	#2 (permalink)
Quantum Destiny Senior Member Join Date: Apr 2008 Location: England Posts: 2,149 My Mood: SLShopper Ads: 2 SL Join Date: 25 July 2004	If I found something like that, I would find it really difficult to part with. Not because of its monetary value - the finder will of course be compensated - but because I am absolutely fascinated with this kinda stuffs.

09-24-2009, 08:38 AM	#3 (permalink)
Quantum Destiny Senior Member Join Date: Apr 2008 Location: England Posts: 2,149 My Mood: SLShopper Ads: 2 SL Join Date: 25 July 2004	@ the tags

09-24-2009, 08:57 AM	#5 (permalink)
Quantum Destiny Senior Member Join Date: Apr 2008 Location: England Posts: 2,149 My Mood: SLShopper Ads: 2 SL Join Date: 25 July 2004	I wonder how much is not declared, though? I bet there must be some important finds out there that we will never learn about How the hell do they even value something like this? I know it wouldn't be offered to a private collector, but if it was, it would go for much much more than £1 million.

09-24-2009, 01:08 PM	#6 (permalink)
Trout Recreant Oncorhynchus mykiss Incomprehensible gibberish Join Date: Mar 2008 Location: West Coast, USA Posts: 5,998 My Mood: Blog Entries: 3 Awards: 1	I think Quantum answered my question, but is there compensation for the finder, and how do they value that?

09-24-2009, 01:28 PM	#7 (permalink)
io Kukulcan Senior Member Join Date: Sep 2007 Location: the wasatch front Posts: 2,069 My Mood: SL Join Date: 04/2006	It's priceless, so it has to go to a museum, so we can all enjoy it. Glad this stuff is the Queen's, as there's countless Meso-American treasures that have been sitting on some fat Spaniard's mantle for generations.

09-24-2009, 01:31 PM	#8 (permalink)
Trout Recreant Oncorhynchus mykiss Incomprehensible gibberish Join Date: Mar 2008 Location: West Coast, USA Posts: 5,998 My Mood: Blog Entries: 3 Awards: 1	I agree, Io. That's why i was wondering what they do for the finder. I definitely think something like this should go somewhere like a museum so it can be appreciated by everyone. It is a part of the nation's history. Imagine the feeling when you find something like that. I wonder what the back story is. Edit to add: "coroner" must mean something different in the UK than it does in the States.

09-25-2009, 06:45 PM	#15 (permalink)
Be11a Lefevre Bunny Swan Senior Member nonconforming to conformisms in complicated relationship(s) Join Date: Feb 2009 Location: L.A. / Glendale Posts: 844 My Mood:	wow that is soo cool! I think the only thing I'll find near my house is a can of pork & beans (empty) or a hypodermic needle. (J/K)

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