One wonders if they are worth face value given inflation. It would be a fun exercise to figure out their value in pounds sterling and then calculate what that number would be in the present. That said, my kids and I buried 50 copper coins in a forest in the sierras, perhaps a thousand years from now the aliens visiting our dead planet will find them. :-(
Hoard of coins from Norman Conquest is Britain's most valuable treasure find
61–70 of 87 posts
Re: Hoard of coins from Norman Conquest is Britain's most valuable treasure find
#62Earlier quoted context omitted.
Ireland "It illegal to use a detection device to search for archaeological objects anywhere within the State or its territorial seas; without the prior written consent of the Minister for Culture, Heritage and the Gaeltacht" (Note "anywhere") https://www.museum.ie/en-ie/collections-research/the-law-on-...
That, to me, implies there's a lot of unfound treasures over there... and/or a lot of illegal searching. Assuming there's interest outside of archeological value, of course.
Some good Samaritans sometimes send in Ireland's priceless heritage to the national museum. But of course they're not going to reveal who they are, or where they found it. They don't want to go to prison. So I guess we'll never know.
Re: Hoard of coins from Norman Conquest is Britain's most valuable treasure find
#63One wonders if they are worth face value given inflation. It would be a fun exercise to figure out their value in pounds sterling and then calculate what that number would be in the present. That said, my kids and I buried 50 copper coins in a forest in the sierras, perhaps a thousand years from now the aliens visiting our dead planet will find them. :-(
> perhaps a thousand years from now the aliens visiting our dead planet will find them. :-( aliens will likely find us the same way we find dinosaurs but probably no one will find us. 1000 years from now things will be very different but i suspect humans will still exist. imo we as a species have very little chance of living 1M years, tho.
I do disagree with you though and think humans are like cockroaches now and there is a 0% chance of exterminating every last one of us and that’s a good thing. Nature had its chance at several bottlenecks in the past and failed.
>One of the greatest human bottlenecks occurred between 930,000 and 813,000 years ago, when the human population was reduced to about 1,280 breeding individuals for 117,000 years. This bottleneck may have brought human ancestors close to extinction.
Re: Hoard of coins from Norman Conquest is Britain's most valuable treasure find
#64The article's image of the hoard shows, off to the sides, various coins that look sliced in half. Did this modification occur to coins during this time period? Did the coins remain valid but half their value? If so, how many times could a coin be subdivided?
Coins used to be largely worth what they were worth because of what they were made of. So cutting them in half would lead to two seperate halves of the value. I'm sure there's more nuance than that but broadly I think that's how it used to work.
Re: Hoard of coins from Norman Conquest is Britain's most valuable treasure find
#65From the article... >A hoard of Norman-era silver coins unearthed five years ago in southwestern England has become Britain’s most valuable treasure find ever, after it was bought for £4.3 million ($5.6 million) by a local heritage trust. Different article about the discovery of the Sutton Hoo treasure... >The exact value of the Sutton Hoo treasure isn't widely known, in part because the items in the treasure have ne…
so they got a tax deduction at a completely arbitrary value, valued in a private document of an appraiser nobody has ever seen, and have just been rolling forward the tax deduction against their current year's tax liability for all eternity?
good business.
Re: Hoard of coins from Norman Conquest is Britain's most valuable treasure find
#66One wonders if they are worth face value given inflation. It would be a fun exercise to figure out their value in pounds sterling and then calculate what that number would be in the present. That said, my kids and I buried 50 copper coins in a forest in the sierras, perhaps a thousand years from now the aliens visiting our dead planet will find them. :-(
These "silver pennies" are worth $2000 each, according to a comment on the page, while a current UK penny is about $0.01.
Re: Hoard of coins from Norman Conquest is Britain's most valuable treasure find
#67The article's image of the hoard shows, off to the sides, various coins that look sliced in half. Did this modification occur to coins during this time period? Did the coins remain valid but half their value? If so, how many times could a coin be subdivided?
Re: Hoard of coins from Norman Conquest is Britain's most valuable treasure find
#68From the article... >A hoard of Norman-era silver coins unearthed five years ago in southwestern England has become Britain’s most valuable treasure find ever, after it was bought for £4.3 million ($5.6 million) by a local heritage trust. Different article about the discovery of the Sutton Hoo treasure... >The exact value of the Sutton Hoo treasure isn't widely known, in part because the items in the treasure have ne…
> They were donated to the British Museum by Edith, so they got a tax deduction at a completely arbitrary value, valued in a private document of an appraiser nobody has ever seen, and have just been rolling forward the tax deduction against their current year's tax liability for all eternity? good business.
Re: Hoard of coins from Norman Conquest is Britain's most valuable treasure find
#69Earlier quoted context omitted.
> perhaps a thousand years from now the aliens visiting our dead planet will find them. :-( aliens will likely find us the same way we find dinosaurs but probably no one will find us. 1000 years from now things will be very different but i suspect humans will still exist. imo we as a species have very little chance of living 1M years, tho.
What could we do to increase our chances of lasting 1M years? I think it’s a useful thought experiment for thinking about what we could change to increase our chances. I do disagree with you though and think humans are like cockroaches now and there is a 0% chance of exterminating every last one of us and that’s a good thing. Nature had its chance at several bottlenecks in the past and failed. >One of the greatest hu…
honestly? get the population down. this means less consumption on an industrial scale and letting vital ecosystems recover. i can't imagine a good way of voluntarily cutting the pop by 50% and keeping it flat afterwards, but famine would do it.
Re: Hoard of coins from Norman Conquest is Britain's most valuable treasure find
#70One wonders if they are worth face value given inflation. It would be a fun exercise to figure out their value in pounds sterling and then calculate what that number would be in the present. That said, my kids and I buried 50 copper coins in a forest in the sierras, perhaps a thousand years from now the aliens visiting our dead planet will find them. :-(
"There's a page at Regia Anglorum that tries to give some examples. The "d" indicates a silver penny. It [a silver penny] might buy 15 chickens, but it also might only buy half a knife (because metal is rare in comparison to chickens and requires a bunch of skilled labor to work it.)"