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> For the group of seven metal detectorists who discovered the 2,584 silver pennies in the Chew Valley area, about 11 miles south of the city of Bristol, it mar
by e63f67dd-065b 2y ago
> For the group of seven metal detectorists who discovered the 2,584 silver pennies in the Chew Valley area, about 11 miles south of the city of Bristol, it marks a lucrative windfall since they will pocket half that sum. The landowner on whose property the coins were found will receive the other half.
I'm curious how this arrangement came about; is it mandated by law? Negotiated on a case-by-case basis? Is 50/50 the "standard" split?
- stevenwoo 2y agoYes, it's enshrined in UK law so that museums get opportunity to buy detectorists' finds. https://en.wikipedia.org/wiki/Treasure_Act_1996 https://en.wikipedia.org/wiki/Treasure_Act_1996