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  • » Hoard of gold discovered in piano in Shropshire

#1 2017-01-13 21:39:18

whinfell
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From: Australia
Registered: 2012-03-22
Posts: 3,328
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Hoard of gold discovered in piano in Shropshire

Those of you with old pianos may want to check if anyone left any gold inside big_smile

Hoard of gold discovered in piano in Shropshire

A "substantial" hoard of gold has been found hidden inside an old piano.

The discovery was made in Shropshire before Christmas when its new owners had it retuned and repaired.

Experts think the valuables might have been "deliberately hidden" in the instrument more than 100 years ago.

An inquest opened at Shrewsbury Coroner's Court earlier to determine whether the find can be classed as treasure, or whether an heir to the cache can be traced.

Source: http://www.bbc.com/news/uk-england-shropshire-38598845

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#2 2017-01-13 21:49:33

bron.suchecki
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From: Perth
Registered: 2016-02-12
Posts: 65

Re: Hoard of gold discovered in piano in Shropshire

From http://www.huffingtonpost.co.uk/entry/m … b82a373b87

""The inquest will also determine if the coins qualify as treasure under the terms of the Treasure Act (1996). ... Should the find qualify as treasure, it could become the property of the Crown ... The Treasure Act allows a local or national museum to acquire such finds for public benefit – paying a reward which is normally shared equally between the finder and landowner."

And how do they value that, only at an auction could you really work out the market value. IMO you bought the piano or land, you own it and anything else, this is unfair expropriation for the public benefit.

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#3 2017-01-13 22:06:32

whinfell
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From: Australia
Registered: 2012-03-22
Posts: 3,328
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Re: Hoard of gold discovered in piano in Shropshire

The BBC article has a link to the Portable Antiquities Scheme website, which has this page about the valuation process:

https://finds.org.uk/treasure/advice/finders

The basic steps:

    The find is declared Treasure by the Coroner
    The find is provisionally valued by one or more independent expert valuers.
    The find is seen at a Treasure Valuation Committee meeting where it is looked at alongside the provisional valuation(s).
    The Treasure Valuation Committee recommends a value for the Find. The interested parties are asked whether they are satisfied.
    The Museum is invoiced for the recommended amount.
    The Museum is expected to pay within four months of being invoiced.
    Upon receipt of the invoiced amount, the reward is paid to the interested parties.

There's another page with the names and affiliations of the Treasure Valuation Committee and the Provisional Valuers (the independent expert valuers).

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#4 2017-01-13 22:18:58

Killface
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From: Nunya
Registered: 2016-01-06
Posts: 978
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Re: Hoard of gold discovered in piano in Shropshire

When will people learn to keep their stupid traps shut???


All that glitters is not gold...
...but all that is gold glitters!

Stacker formerly known as HoldMeTender

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#5 2017-01-13 22:24:05

alor
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From: Pulau Alor ;)
Registered: 2011-06-16
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Re: Hoard of gold discovered in piano in Shropshire

HoldMeTender wrote:

When will people learn to keep their stupid traps shut???

their brain could not keep their mouth shut

so a sewing machine need to be install on the lips

just like a zipper lol


Hear Say See -> N o t h i n g
May this stacking hobby be my blessing smile

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#6 2017-01-14 00:23:16

serial
Silver Stacker
From: wa
Registered: 2012-08-19
Posts: 3,382
Trades :   218 

Re: Hoard of gold discovered in piano in Shropshire

1. they will be made an offer for the items, if they accept that offer then they will receive payment that is legitimate and legal

2. alternatively they could have kept it, sold it privately for cash, received less and not be able to spend large amount of the funds in fear of persecution by the gov

most normal non stacker types would go for option 1

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#7 2017-01-14 00:42:59

Killface
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From: Nunya
Registered: 2016-01-06
Posts: 978
Trades :   15 

Re: Hoard of gold discovered in piano in Shropshire

serial wrote:

1. they will be made an offer for the items, if they accept that offer then they will receive payment that is legitimate and legal

2. alternatively they could have kept it, sold it privately for cash, received less and not be able to spend large amount of the funds in fear of persecution by the gov

most normal non stacker types would go for option 1

I looked on the link above for some idea of how much the 'offer' would be.  Is it actual market value, or just some percentage of that?  Or whatever they feel like?

I would be suspicious..  No reason not to get a reasonable value if sold privately though, you just need to be discreet about it.


All that glitters is not gold...
...but all that is gold glitters!

Stacker formerly known as HoldMeTender

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#8 2017-01-14 07:47:43

phrenzy
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From: Adelaide
Registered: 2014-10-18
Posts: 2,584
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Re: Hoard of gold discovered in piano in Shropshire

This is a very clearly established and mostly fair process in Britain where metal detecting is popular and hosts of everything from silver dhirams to Anglo Saxon Bejeweled sword pummels are found. Their issue will be the age of the items. 300 years old in a 100 year old piano? My prediction is it'll end up being drawn out and settled by someone who comes forward with former ownership of the piano. The fact that details of the gold haven't been released tells you that there might be some identifying property about them and it will be settled in court it hopefully quickly and amicably between the heirs, the finders and the people who gave it away.
Edit: has to be 300 years old to be treasure.

Why do I know this stuff?

Last edited by phrenzy (2017-01-14 07:48:32)


R.I.P Khaled Al Assad. One man who few will remember, he died defending humanities legacy.
"Hundreds would die, but not the thing they died for. 'A man can stand up..."

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#9 2017-01-15 01:54:41

clear
Member
From: WA
Registered: 2012-01-12
Posts: 994
Trades :   65 

Re: Hoard of gold discovered in piano in Shropshire

was the piano sold because it affected the quality of the sound.

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