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HistoryStudent | 03-15-2010 11:47 PM
And YOU thought you were smart saving SILVER...right? http://www.warwickcourier.co.uk/news...eal.6145965.jp Even this ROMAN knew enough to hide his stash from the ROMAN GOVY and sicko NERO. You can figure out the rest by yourself... :coolbeer:

nutstoobig | 03-16-2010 01:04 PM
Re: And YOU thought you were smart saving SILVER...right? That could never happen here in amurka. :23_31_2:

The Great Ag | 03-16-2010 06:15 PM
Re: And YOU thought you were smart saving SILVER...right? Great find, HS! A Snippet from the article: Quote:
Historians investigating a hoard of Roman coins unearthed in south Warwickshire are hoping to ensure they remain in the county - and to solve the mystery of who buried them. The cache of 1,146 silver denarii dating from 209 BC to 64AD - the largest in the county - was found by metal detector enthusiast Keith Bennett and declared treasure trove last year. The coins themselves shed light on the brutal and often corrupt machinations of the Roman Empire, but Warmington Heritage Group is trying to find out why they were buried and what they reveal about life in the area in the first century AD. One theory has it that whoever buried the coins - then around five years' pay for a Roman soldier - knew that the Emperor Nero was devaluing denarii by lowering the silver content. Archaeologist David Freke, who has been involved in excavations nearby in 2008, believes whoever did so was a "financially astute" individual effectively gambling on the currency market. Warwickshire Museum keeper of archaeology Sara Weir hopes to keep and display the hoard at Warwick Museum. She said: "The potential story behind who collected these coins and buried them is a tantalising clue to what happened here almost 2,000 years ago."
Who buried them? THat is not the story. The "why" is the important. Why would anyone bury coins except to avoid gov't bs taxation or as a safe place to hide them. Sad story, I am guessing, in that whomever buried the coins did NOT tell anyone and now total strangers 2000 years in the future benefit from someone's mistake. Lesson, go ahead and store your PMs safely, but make sure a trusted someone knows the location or at least can get access to a map incase of an unforseen mishap. The Great Ag

steyr_m | 03-16-2010 07:54 PM
Re: And YOU thought you were smart saving SILVER...right? Quote:
Originally Posted by HistoryStudent (Post 2228362) http://www.warwickcourier.co.uk/news...eal.6145965.jp Even this ROMAN knew enough to hide his stash from the ROMAN GOVY and sicko NERO. You can figure out the rest by yourself... :coolbeer:
With this find along with the two Celtic gold finds, I'm sure metal detectors are approaching record sales in the UK.

HistoryStudent | 03-16-2010 08:02 PM
Re: And YOU thought you were smart saving SILVER...right? 1 Attachment(s) Attachment 89289 Yep, I love the EARLY GOLD British FOUND coin I got from the GUYS fighting Julius Caesar... sad that is was NOT in MINT STATE however... I'm really picky.... :36_3_16:

gilmoujr | 03-16-2010 08:11 PM
Re: And YOU thought you were smart saving SILVER...right? You have some really nice coins HS... I look forward to your posts everyday hoping that you'll post more pics.

SLV>GLD | 03-16-2010 08:12 PM
Re: And YOU thought you were smart saving SILVER...right? What is this "treasure trove" term? Does it mean the state takes your find just like the crown declares ownership of the Scotland find? I know it is not proper ande blah blah blah. Let me tell you now, if I ever find a "treasure trove" the only person who will know will be my wife. I don't care if I find 1,000 $20 AU Double Eagles. I would melt the damn thing down and sell it as bullion before I let the state take it from me in the interest of preserving history. Actually, I'd only melt 980 of those double eagles. The other 20 I'd pass down to future generations to fight with the government over.

nutstoobig | 03-16-2010 08:13 PM
Re: And YOU thought you were smart saving SILVER...right? Quote:
The cache of 1,146 silver denarii dating from 209 BC to 64AD
Anyone know off hand how much silver toz that is?

HistoryStudent | 03-16-2010 08:18 PM
Re: And YOU thought you were smart saving SILVER...right? Quote:
Originally Posted by SLV>GLD (Post 2229781) What is this "treasure trove" term? Does it mean the state takes your find just like the crown declares ownership of the Scotland find? I know it is not proper ande blah blah blah. Let me tell you now, if I ever find a "treasure trove" the only person who will know will be my wife. I don't care if I find 1,000 $20 AU Double Eagles. I would melt the damn thing down and sell it as bullion before I let the state take it from me in the interest of preserving history. Actually, I'd only melt 980 of those double eagles. The other 20 I'd pass down to future generations to fight with the government over.
Treasure trove is like the gal turning over (10) 1933 MINT State $20 Saints to the US Treasury for authentication. They (govy) in-turn have them slabbed by NGC. Makes you want to :111: & :puke: & :4_1_72: all at the same time if you like coins - that is...banchabancha doing the Obama Shuffle.

HistoryStudent | 03-16-2010 08:25 PM
Re: And YOU thought you were smart saving SILVER...right? 1 Attachment(s) Attachment 89294 years ago a fellow named BRUTUS sliced and diced his leader named Julius Caesar and ran off to Thace (read eastern Greece next to Turkey today) there he got a fellow to bankroll his fight against Augustus Caesar and Marc Anthony - he BRUTUS LOST and dived on his sword in suicide. He had buried the TREASURE CHEST to pay the soldiers that and ITS location were lost to his minor survivors. So the location died with him and most of his men were slaughtered by the Roman Legions. This was in the TREASURE CHEST when dug up about 10 years ago. It is in MINT State some when BURIED back in 43 (Before :adore: CHRIST) B.C. Imagine some poor soul lost his life for this coin for SURE! :yes:

BoatingAccident | 03-17-2010 11:45 AM
Re: And YOU thought you were smart saving SILVER...right? Quote:
Originally Posted by HistoryStudent (Post 2229812) Attachment 89294 years ago a fellow named BRUTUS sliced and diced his leader named Julius Caesar and ran off to Thace (read eastern Greece next to Turkey today) there he got a fellow to bankroll his fight against Augustus Caesar and Marc Anthony - he BRUTUS LOST and dived on his sword in suicide. He had buried the TREASURE CHEST to pay the soldiers that and ITS location were lost to his minor survivors. So the location died with him and most of his men were slaughtered by the Roman Legions. This was in the TREASURE CHEST when dug up about 10 years ago. It is in MINT State some when BURIED back in 43 (Before :adore: CHRIST) B.C. Imagine some poor soul lost his life for this coin for SURE! :yes:
I am speechless, what a story and coin!!! Thanks for sharing!

Shoden | 03-17-2010 12:01 PM
Re: And YOU thought you were smart saving SILVER...right? Quote:
Originally Posted by SLV>GLD (Post 2229781) What is this "treasure trove" term? Does it mean the state takes your find just like the crown declares ownership of the Scotland find? I know it is not proper ande blah blah blah. Let me tell you now, if I ever find a "treasure trove" the only person who will know will be my wife. I don't care if I find 1,000 $20 AU Double Eagles. I would melt the damn thing down and sell it as bullion before I let the state take it from me in the interest of preserving history. Actually, I'd only melt 980 of those double eagles. The other 20 I'd pass down to future generations to fight with the government over.
The state doesn't just take the "treasure trove". From http://www.wisegeek.com/in-england-h...re-handled.htm: Quote:
When a treasure trove is found, typically the items are left on site while a coroner is summoned to document the scene and remove the items. The items are taken into temporary custody while the ownership rights are determined. While in custody, the treasure trove is typically studied, documented, and valued. If the treasure is determined to be the property of the Crown, the finder is offered compensation and the pleasure of knowing that his or her find is of historical importance. If the treasure trove belongs to the finder, extensive documentation of the artifacts exists, thanks to the studies conducted on it.
You can get more information on the treasure trove laws at http://www.finds.org.uk/treasure/. I've done a bit of reading on this over the past couple years due to the recent big treasure finds that have been in the news, and the people that made those finds are looking at some rather large compensation. I believe the Staffordshire find resulted in compensation of around 1 million pounds to be split between the actual treasure finder and the land owner. This more recent coin find will most likely also result in a large payout, far more than the actual bullion amount if you were to melt it down and sell it instead of reporting it. For smaller finds, or where the items are more common and there are already numerous copies in museums or available for study, the treasure is often returned to the finder, at which point they can keep it or sell it. Of course, this is only English law. Spain seems all to eager to attempt to claim the full amount of any treasure found in long lost ship wrecks and not want to offer fair or even any compensation, and the U.S Treasury confiscating the 1933 $20 Saints is another poor example of handling treasure.

The Great Ag | 03-17-2010 04:02 PM
Re: And YOU thought you were smart saving SILVER...right? Quote:
Originally Posted by HistoryStudent (Post 2229812) This was in the TREASURE CHEST when dug up about 10 years ago. It is in MINT State some when BURIED back in 43 (Before :adore: CHRIST) B.C. Imagine some poor soul lost his life for this coin for SURE! :yes:
I have two comments. First, thanks for the story. I was wondering how a BC coin could ever be mintstate. Hiding in a chest for a few thousand years sure does help. :yes: Second, I suspect more than one poor soul lost his life defending and trying to find that chest. I read somewhere there is NO ill that cannot be cured by a donkey laddened with sacks of gold. The Great Ag

HistoryStudent | 03-17-2010 04:22 PM
Re: And YOU thought you were smart saving SILVER...right? 1 Attachment(s) This fellow killed 40,000 Romans in West Turkey and had to pay 600,000 of these when they caught him and he BAILED out with GOLD. See it does help, right? Attachment 89361 Senator CISERO called him, "the greatest foe of the world since Alexander the Great." He almost won... but then it's hard to fight CITY HALL, right? :signs14:

HistoryStudent | 03-17-2010 04:32 PM
Re: And YOU thought you were smart saving SILVER...right? A bit of old HUMOR (kind of) In the really OLD days the govy showed you what they were going to do to you before they did it. http://www.vcoins.com/ancient/oldmon...idProduct=1075 Got YA on that one, :signs14:

HistoryStudent | 03-17-2010 06:06 PM
Re: And YOU thought you were smart saving SILVER...right? The Ides of March: What Obama�s Woes Will Do to Gold John Myers | 16 March 2010, 11:01 pm �Sic semper tyrannis� (Thus always to tyrants). �Brutus, during the assassination of Julius Caesar. In Shakespeare�s Julius Caesar, a soothsayer warns Caesar to �beware the Ides of March.� The warning did nothing to help Caesar, who was stabbed to death on the Senate floor. The principal conspirator against Caesar was Marcus Junius Brutus, Caesar�s most trusted ally. Fast forward two millennia and we see another great empire is in trouble, and so, too, its leader. Thankfully, democratic rulers aren�t murdered, they are voted out of office. Yet this President has almost three more years left in office, plenty of time to do more economic damage for a country and to lose every shred of confidence in a man once hailed as a visionary and a redeemer; the exact qualities that were bestowed upon Julius Caesar. Caesar came to political prominence in 67 B.C. when he was elected to the Roman Senate. Over the next two decades he would become one of the most renowned of all generals. Eighteen years later he established himself as the sole dictator of the Roman Empire. Caesar declared himself a man of the people and in 46 B.C. drafted a public letter outlining his goals. They included: �tranquility for Italy, peace for the provinces, and security for the Empire.� History has declared Caesar did not have the time or means to complete his overly ambitious agenda which included resolving foreign conflicts, strengthening the middle class and resolving the debt crisis. It sounds all too familiar, with the exception that I find nothing about Caesar instituting Roman healthcare. Historians do point out that Caesar�s goals and methods of governing alienated many of the nobles. For a time, that did not stop Caesar�s lackeys in the Senate from constantly voting him new honors. Unfortunately for Caesar, the Nobel Prize was not one of them, as it was created some 2,000 years later. On March 15, 44 B.C., Caesar attended his last meeting. He ignored a warning and went to the Senate. Sixty conspirators, most of them Senators who had lost faith in his vision for rebuilding Rome, were waiting for him with concealed daggers. He was stabbed 23 times. March Madness What exactly the House and Senate will do to Mr. Obama�s grand plans remains to be seen. But one thing is certain: Mr. Obama has faced a winter of discontent. According to a survey done by Rasmussen in March, only one in four Americans think the country is heading in the right direction. Other surveys this month show expectations for the nation�s short- and long-term economic future are gloomier than they have been at any time since President Obama took office. Still, Obama supporters continue to harp on some silver linings among the dark economic clouds. Earlier this month, Senate Majority Leader Harry Reid (D-Nev.) called the latest job numbers proof that the economic recovery is underway, even though the unemployment rate is a whopping 9.7 percent and the true jobless number is close to double that. �Today is a big day in America,� said Reid earlier this month. �Only 36,000 people lost their jobs today; which is really good.� Reid seems like the kind of cheerleader the Titantic could have used: �Good news passengers! The ship isn�t sinking as fast as we feared!� I suspect that Reid and other Obama loyalists will find that most Americans think such talk cheap. In the second half of March, 2010, The Fates may have already determined the President�s plight. The big question is: who will deliver the blow and what will be the result? Bernanke Obama�s Brutus In March Federal Reserve Chairman Ben Bernanke promised to end Quantitative Easing (a fancy term for stimulating the economy and funding deficits by running the printing presses). Some think that the Fed Chairman only wants to ensure his Senate reconfirmation. Others think it is a real commitment; that Bernanke is more loyal to the dollar than the President. I don�t blame you if you are skeptical about Bernanke. Still, there is precedent for the Fed to put the country first. It happened in 1979 when President Carter appointed Paul Volcker as chairman of the Federal Reserve. The economy then was much as it is now. Unemployment was soaring, confidence was disappearing and the dollar was in crisis. Yet Volcker put the nation first and the presidency second. He raised interest rates through the roof purposefully putting America into a terrible recession. Volcker�s actions eventually saved the American economy and cost Jimmy Carter his bid to be reelected. But it was tough sledding. The Fed funds rate, which had averaged 11.2 percent in 1979, was raised by Volcker to a peak of 20 percent in June 1981. That same year inflation topped out at 13.5 percent, a fundamental which drove the price of gold from $280 per ounce when Volker was appointed to $850 per ounce just 18 months later. Yet I am dubious that Bernanke will betray Obama. The Fed chairman seems much more like Arthur Burns than Paul Volcker. Richard Nixon hurt the dollar primarily because he removed any link between the dollar and gold. After 1971 not even countries could exchange greenbacks for bullion. That gave Nixon, and all later presidents, the freedom to spend away. Because the dollar was the world�s international reserve currency, Washington basically believed that other countries had to like it or lump it. Arthur Burns came along when it was still expected for the Fed to carry out its primary mission�to protect the integrity of the dollar. Instead, Burns acquiesced to Nixon�s war on poverty, the war in Vietnam and bid for reelection in 1972. It was a cavalcade of spending that carried on throughout the decade of the �70s. �After finally winning the presidential election of 1968, Nixon named Burns to the Fed chairmanship in 1970 with instructions to ensure easy access to credit when Nixon was running for reelection in 1972,� wrote Mercury Rising. �Later, when Burns resisted, negative press about him was planted in newspapers and, under the threat of legislation to dilute the Fed�s influence, Burns and other Governors succumbed. Inflation resulted.� According to American Thinker, it matters not if Bernanke is loyal to the President like Burns, or the dollar like Volcker; either way he �will be Obama�s Brutus.� That is because like Rome, America is a weakened empire with no easy choices. Two trillion dollars that the Federal government needs this year underscores this truth. Where such funds will come from remains very much in question. Foreigners are having second thoughts about financing America�s deficit, and China�the largest owner of Treasuries�has become a net seller of Uncle Sam bonds. Very soon Treasury yields will have to rise to get the world to continue to finance Washington�s spending spree. So whether or not Bernanke wants it, or even likes it, interest rates are heading higher. That is bad news for the economy and for President Obama who will almost certainly not be re-elected. Rising rates are, however, good news for the nation for bullion investors. Rising rates ensure falling stock and bond prices and a rush to gold. It happened during the Carter administration and it has already begun during Obama�s term. Action to take: Sell all bond instruments and Big Board stocks and use the funds to buy bullion, either in physical form or blue-chip gold mining stocks. As Shakespeare�s soothsayer warned, �Beware the ides of March.� Yours for real wealth and good health, John Myers Myers� Energy and Gold Report

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