Saturday, February 21, 2015

The Numismatist In Me Loves Stories Like This

That's a lot of gold:
A group of divers in Israel has stumbled upon the largest hoard of gold coins ever discovered in the country. The divers reported the find to the Israel Antiquities Authority, and nearly 2,000 coins dating back to the Fatimid period, or the eleventh century, were salvaged by the authority’s Marine Archaeology Unit. The find was unearthed from the seabed of the ancient harbor in Caesarea National Park, according to a press release from the Israel Antiquities Authority.

“The discovery of such a large hoard of coins that had such tremendous economic power in antiquity raises several possibilities regarding its presence on the seabed,” said Kobi Sharvit, director of the Marine Archaeology Unit of the Israel Antiquities Authority, in the release. “There is probably a shipwreck there of an official treasury boat which was on its way to the central government in Egypt with taxes that had been collected.”
That's a lot of history.

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