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Posted

No doubt prices should drop for this type coinage, let's see what happens this year, I think dealers will now be tearing their hair out of those who have a few of these sitting in stock. I did want an example or 2 of CNUT & AETHELRED but I think eventually they'll be picked up for far cheaper in auctions in the coming 12 months or so when the hoard gains momentum in the press

I bought an Aethelred long cross type in DNW last month, it's probably going on eBay soon, mainly because I wasn't over the moon about it but this did cross my mind. Saying that if none of these coins are going to appear on the market for donkey's years then will it really do that much to bring prices down?

Posted

I'm not so sure though Rob, even IF they were never to see the light of day surely the mere fact that collectors know another 5200 of these have been found would'nt it be enough for people to start panicking that they now have a common coin?

Posted

I'm not so sure though Rob, even IF they were never to see the light of day surely the mere fact that collectors know another 5200 of these have been found would'nt it be enough for people to start panicking that they now have a common coin?

and as struck it seems.

Posted

I'm not so sure though Rob, even IF they were never to see the light of day surely the mere fact that collectors know another 5200 of these have been found would'nt it be enough for people to start panicking that they now have a common coin?

I'm with Rob. The thousands found each year in Scandinavia, Germany, Estonia, etc. do nothing to lower the price here in the UK and so I fail to see how it would be any different for coins in the UK that don't hit the market, either. Supply and demand.

Posted

I'm not so sure though Rob, even IF they were never to see the light of day surely the mere fact that collectors know another 5200 of these have been found would'nt it be enough for people to start panicking that they now have a common coin?

If you take many types of coin you will often see more in museums than in private hands. e.g. the Langport I bought 3 months ago might be unique for now, but the mint is known for 60 or 70 coins. That there are only about 10 Langports in private hands is the number that affects the price collectors will pay. When I bought my Crewkerne, the catalogue mentioned the 29 known for the mint of which 17 were quatrefoils, but omitted to mention the considerably more important info that only a handful were available to collectors. Panic is only likely to be seen amongst some of those who do no research, but then, if they don't do research they are unlikely to know of the existence of a hoard. Chicken and egg.

There are already thousands in institutions and similarly thousands in private hands. The 52000 Roman coins found near Frome were kept intact in a museum to name but one instance where the market was unaffected. It is reasonable to say that for the most part we already have a relative rarity index for type, mint or reign.

Posted

A couple more

That first one is especially nice! Oxford mint - wouldn't mint that for myself.

Good, keeps you on the right side of the fence. ;)

Posted

We do need a drooling smiley.

Someone has a nice job to catalogue those coins.

Posted

Some more pictures circulating of this hoard

They were buried ready-polished? That was kind of them...

  • 5 weeks later...
Posted

Very crazy indeed, this is the result of pressure that is applied when a significant find is located. Supposedly for the benefit of the public and museums, but you try and gain access to study any of them in the near future. A portion will end up on a display somewhere, with the remainder locked away in a drawer never to see the light of day again. I could understand it more if it was an artefact of historical importance rather than a hoard of coins.

Our system is one of the best in terms of its approach to finds, and encouraging responsible detecting. Compare this to systems in many other countries where no reward is given and all finds are expected to be submitted to a government body....a far smaller percentage ever get recorded with a vast majority never being declared. There is legislation put in place for a reason, why is it not followed.

Posted

Apparently this is a case of bad journalism, the finder and landowner have not waived their reward, a press release from the museum was misinterpreted :lol:

Bet that made the finder panic when he saw it!!

Posted (edited)

Go on and own up.

I would of sneeked a few.

The Mildenhead haul Hoard of silver...I can assure you a few bits missed the bus.

Mother in law cared for the grandson.

We called him model T...Google it

We have eaten out a few times.

He left quite a bit to MIL the fur coats were not accepted.

She is now toes up but we do have a nice goblet.....maybe ;)

Edited by Peter
Posted

Just saw this on the news. It said there was 40 mints in the hoard. Sounds like a bank was turned over

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