|Not in it fer the munny, 'cept when we are|
This opportunity to buy items from the [...] Hoard is so rare because coins of this nature are normally declared treasure under the 1996 act and go to museums. In this case, both the Yorkshire Museum in York and British Museum disclaimed the hoard - describing it as overvalued - and so the 65 coins and four ingots, found by two metal detectorists in a North Yorkshire field in 2012, went back to their finders. London numismatists Spink have catalogued the material in about 60 lots for their March 26 sale in London. [...] The hoard came to light in two separate batches - with several inches of soil between them - a week apart. One batch of coins is Viking in nature, dating to the 920s,Since the coins are not going to a museum, the Spinks catalogue is going to be the only record of the hoard while it is still intact. It was disclaimed because the Yorkshire and British museums already possess a larger hoard from this era the Vale of York Hoard discovered in 2007 near Harrogate (617 coins, the two museums acquired it jointly in 2009). The museums felt that the hoard, valued at £80,000 by the Treasure Valuation Committee had been 'overvalued'. Neither museum revealed whether they would be bidding for any lots at the Spink sale. It is interesting to note that Spink's, for reasons best known to themselves, have christened thius the "Eboracum (Ryedale) Hoard" while in the PAS records it features as "York Area Hoard". The condition of the coin on receipt was bad, the coins had been "harsly cleaned" by the finder and some were badly chipped.
Treasure Hunters will be watching this sale closely, they say the TVC undervalues their finds. Not, of course, that any of them are "in it fer the munny".
Source: Tom Derbyshire, '‘Overvalued’ Dark Age hoard comes to auction' Antique Trade Gazette 24 March.
Hat tip to Kyri
The sales results are now available. By my maths, despite the totally knackered state of some of the coins, the total takings from the entire hoard were 107,955 pounds, so a little more than what the TVC had suggested, though this does not mean that the TVC undervalues, but that Spinks' spin might have affected the bidding. I was surprised that the ingots at the end of the auction went for so much. Two lots are not listed among those sold, 447 and 448, I am not sure what happened there, ttrying to follow the link brings up an error message.