In 2017 a new £1 coin will appear in our pockets with a design extremely difficult to forge. In the mid-16th century, Elizabeth I’s government came up with a series of measures to deter “divers evil persons” from damaging the reputation of English coinage and, with it, the good name of the nation.
The Royal Mint announced last month that in 2017 it will introduce a new £1 coin, said to be the “most secure coin in the world”. The reason behind the decision, which could cost businesses as much as £20 million, is the surge in counterfeiting. It is estimated that around 3% of £1 coins are fakes with an estimated 45 million forgeries in circulation.
Four and a half centuries ago, Elizabeth I made the reform of currency one of her government’s top priorities. Invested as queen in 1558, she inherited a coinage which was fraught with problems. Read more.
A collection of 29 golden coins from the Byzantine era has been found on Wednesday at Draa Abul Naga on Luxor’s west bank.
During a routine excavation carried out inside a tomb at an ancient Egyptian necropolis in the Deir Beikhit area of Draa Abul Naga, German excavators unearthed the collection of golden coins.
Antiquities Minister Mohamed Ibrahim said the coins were found wrapped in linen inside a hole found on one of the tomb’s decorative columns.
Early studies, he went on, reveal the coins date from the fifth and sixth centuries AD. (source)
IT’S the most significant archaeological discovery in the Portsmouth area for many years.
Buried a few feet under a garden in the centre of Havant, archaeologists stumbled upon a Roman well filled with coins and a bronze ring with a carving of Neptune, the Roman god of the sea.
Perhaps most intriguing was the discovery of eight dog skeletons at the bottom of the well.
Experts believe the dogs, which were worshipped in some ancient religions, may have been dropped down the ‘sacred well’ as a sacrifice to the gods. Read more.
Rajahmundry, Andhra Pradesh: A large collection of rare coins minted in the 19th century have been discovered from a 300-year-old Shiva temple in West Godavari district of Andhra Pradesh.
About 975 coins were found last month during an excavation at the foot of the temple ‘Dwajasthambham’ (pillar), which is being restored after its collapse last year in November, Executive officer Suryachandra Rao of Ksheera Ramalingaswara Swamy Temple told PTI in Rajahmundry in Andhra Pradesh.
There are about five gold coins, 40 silver and 930 copper coins in the entire collection.
Most of the coins date from 1853 to 1873, and were found beneath a150-feet tall pillar. Read more.
The first archaeological study conducted by researchers from the Institute of Archaeology, University of Warsaw in Hammershus castle on the island of Bornholm in Denmark resulted in the discovery of medieval Swedish and Danish coins.
The castle is one of the largest structures of its kind in Scandinavia and the third most important monument of this category in Denmark. The coins were covered in the oldest part of the building, the so-called Tinghuset - house of the judge.
"The finds are consistent with well-known history of the castle and confirm it. Swedish coins clearly testify to the supremacy of the Swedish bishop of Lund, who ordered the construction of the castle in order to facilitate the collection of taxes from the subordinate Bornholm" - Read more.
Archaeologists and researchers are trying to figure out why a recently found treasure of 1,500-year-old coins and other artifacts was buried in Byzantine era refuse pits.
The excavations, on behalf of the Tel Aviv University and the Israel Antiquities Authority, are being carried out prior to expanding the city of Herzliya, immediately north of Tel Aviv.
Numerous finds dating to the Late Byzantine period of the 5th-7th centuries were among the antiquities discovered in excavations conducted in the agricultural hinterland of the ancient city of Apollonia-Arsuf, located east of the site. Read more.
Authorities have displayed 2,000-year-old silver coins that were looted a decade ago from an archaeological site in Transylvania and smuggled to the United States.
The 49 coins were publicly exhibited at the National History Museum Monday for the first time since they were stolen in 2003 from Sarmizegetusa Regia, a UNESCO-recognized archaeological site recognized, with the aim of selling them on the international black market.
Police said the coins were identified at a Chicago auction house in 2011. It took two years for the coins to be returned to Romania, with the help of the FBI, Romanian anti-crime prosecutors and government officials.
In recent years, more than a dozen people have been sentenced or are being prosecuted for looting archeological sites and selling items abroad on the black market. The coins were minted between 29 and 44 BC; no value was given for them. (source)
NEW DELHI: A few days back, when workers digging at the site of a 2500-year-old city at Tarighat in Chhattisgarh found a stack of gold and copper coins, the news soon spread like wildfire as a gaggle of villagers assembled at the site in the hope of striking gold.
Although archaeologists deny local reports which claimed the discovery led to a gold rush causing pandemonium and attempts at pilfering, the fact remains that discovery of buried gold in India has almost always led to chaos and plundering.
The biggest - and perhaps the most shocking - incident of archaeological plundering in the country happened in the year 2000 in the village of Mandi, near Muzzafarnagar in Uttar Pradesh. Three women labourers, while scraping the topsoil from a field, uncovered what was perhaps the largest haul of ancient bullion ever found collectively in India. Read more.