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Thursday, September 21, 2023

9/21/23 Report -Two Swords Found by Detectorists. Counterfeiting and Fake Hoard Coins.


Written by the TreasureGuide for the exclusive use of the Treasure Beaches Report.


Two Swords Discovered by Detectorist.
Source: See link below.

Gleen Manning, while attending a metal detectorist rally in the north of Cotswolds discovered a rare and important treasure.  Two Roman cavalry swords along with remnants of their wooden scabbards and fitments were found.  Also found was a broken copper alloy bowl.

Here is the link for more about that.

Ancient Roman Swords Unearthed in the Cotswolds “A Remarkable Archaeological Find”

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Tourists traveling through such countries as Egypt occasionally by chance arrive at the right time to find local people excavating what appears to be a site of treasure. While these tourists watch the excavators may discover some coins, which they immediately offer to the tourists rather than turn the find over to proper authorities. The tourists oblige them, only much later finding what they purchased were counterfeit coins.

What happened in this instance is that the so-called tomb looters were at the dig site ruins the night before. They salted the site with their counterfeit coins, knowing their neighborly tour guide would bring tourists to the site the following day.

The lesson to be learned from any involvement with a coin hoard discovery is to be cautious about such finds regardless of how good they may appear to be or how realistic the story about the find may sound. In June, police arrested two individuals in the area in Eachalampattai, Trincomalee, Sri Lanka who were found to be carrying what turned out to be a hoard of fake gold coins.

The pair claimed the counterfeits were sourced from a buried treasure and that the coins had been purchased for 400,000 rupees (about $1,250 U.S.). Suspects who were selling the fake gold coins had contacted the two individuals through Facebook and arranged for them to arrive at Hatares Kotuwa to purchase the fakes, which they had claimed were retrieved from an alleged buried treasure dig site...


In late July it was announced by police in Cornwall, Wales, that while a hoard had been properly turned over to authorities as is required under British law, someone had altered the contents of that find, the find being dubbed the Lanivet Hoard.

The find of 56 ancient Roman coins was discovered between October 2017 and January 2020 by the treasure hunting group Mid Cornwall History Hunters. Normally under the Treasure Act of 1996 the hoard would have been classified as treasure. In this case, however, the find is considered to be the property of the Duchy of Cornwall. The duchy had disclaimed the hoard, which was then acquired by the Royal Institution of Cornwall.

The Lanivet Hoard find was reported to Anna Tyacke of the RIC as required by law. On July 17 an inquest was held at a court in Truro, Cornwall where it was learned three of the coins from the find were missing but had not been reported as possible treasure. In a strange twist the three coins were substituted for similar Roman silver coins of the same period.

According to Tyacke, “The substitute coins looked similar to those found but are actually in a better condition and are more valuable than those they were swapped in for. The substitution does not make sense.”...

The switch was discovered when photographs taken of the hoard at the time of its discovery failed to match pictures of the same coins sent to the British Museum for historical analysis.

The lesson to be learned? No matter if the coins were allegedly discovered while you watch, sold clandestinely to you with a great story that can’t be proved, or if the coins have been switched out from a hoard, don’t get involved.

Here is the link where you will find more.
As I've been saying, this is time of fakes, counterfeits, lies, delusion and illusion.

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While circulating coins are not the object of most counterfeiting, coins counterfeited for circulation are not unknown. 


 ... On Dec. 8 it was announced four suspects were arrested a day earlier. The individuals have been accused of counterfeiting Israeli 5- and 10-shekel coins...

The Bangko Sentral ng Pilipinas Payments and Currency Investigation Group reported seven enforcement operations during the first nine months of 2021 that resulted in more than 500 counterfeit bank notes with a face value in excess of P480,000 being seized. Of the 16 suspects arrested, 14 were identified as being members of organized crime. What is disturbing is that the BSP also seized more than 200 counterfeit foreign notes in the same raids. The countries represented by the fakes were not identified in police reports.

In 2017 the United Kingdom released a new 12-sided £1 coin due to rampant counterfeiting of its predecessor, which had been nicknamed the “round pound.” At that time the Royal Mint estimated about 2.5 percent of all £1 coin in circulation were fakes.

Japan released an improved version of its 500-yen coin for the first time in 21 years in 2021 in an effort to keep ahead of counterfeiters. The rollout was postponed while machines that accept coins were being re-calibrated to accept the new as well as existing versions of the denomination.


Here is the link for more of that article.

Coin Counterfeiting Making Headlines - Numismatic News

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Source: nhc.noaa.gov.

A non-tropical low pressure system is expected to form within a 
large area of disorganized showers and thunderstorms to the east 
of the Florida peninsula within the next day or two.  This system 
could acquire some subtropical characteristics on Friday while it 
moves generally northward.  Regardless of development, this low is 
likely to bring gusty winds to gale force, heavy rain, and high surf 
to portions of the Southeast and Mid-Atlantic United States late 
this week and into this weekend.  Additional information on this 
system can be found in High Seas Forecasts and products from your 
local National Weather Service office.
* Formation chance through 48 hours...low...10 percent.
* Formation chance through 7 days...medium...40 percent.

And from Surfguru.com we get this surf chart for the Fort Pierce Inlet area.



Good hunting,
Treasureguide@comcast.net