Tuesday, March 5, 2019

3/5/19 Report - Piano Gold Coin Hoard. Contemporary Counterfeit. Cold Front Coming.


Written by the TreasureGuide for the exclusive use of treasurebeachesreport.blogspot.com.

Package of Gold Cons Hidden in Piano Being Unwrapped.
Source: See CoinWeek.com link below.


Back in 2017, hand-stitched packs of gold coins were found under a piano keyboard.

... the British public–along with the rest of the world–was invited to help solve the mystery of a 913-piece gold coin hoard hidden inside a vintage piano donated to a local community college in 2015.

The 91.7% pure gold coins, 633 sovereigns and 280 half sovereigns dating from 1847 to 1915, were carefully stacked under the keyboard in hand-stitched cloth pouches. The previous owners of the Broadwood and Sons piano were unaware of the bounty inside for the entire 33 years it was in their possession. A piano tuner hired by the college to fix the newly acquired instrument made the surprising discovery. The six kilograms worth of gold coins were moved to the school’s safe and held there while the Shrewsbury Coroner’s Court determined whether the hoard qualified as treasure under the highly-successful 1996 Treasure Act, which many in the coin collecting and metal detecting communities see as a sensible compromise with government authorities...
Here is that link.


What struck me most was how meticulously and neatly the coins were wrapped.  And the bags were hand-stitched.  That might provide a clue about who concealed them.

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... In ancient times, one counterfeiter’s imitation of a gold aureus of Roman emperor Marcus Aurelius mixed designs intended for two different rulers. In addition, lettering on the contemporary fake does not match what appears on genuine examples. These problems and the coin’s status as a counterfeit do not damage its collectibility, however.
The counterfeit in question realized a $4,250 hammer price in Classical Numismatic Group’s Sept. 13 mail bid/Internet auction. This amount does not include the buyer’s fee of 19 to 21 percent, depending on bidding method. With this fee factored in, the coin topped the estimate of $5,000...
Here is that link.

https://www.coinworld.com/news/world-coins/2017/10/contemporary-counterfeit-ancient-aureus-sells-in-auction.all.html

The author of the article thought person who made this counterfeit didn't makethe aureus accurate b to avoiud

The author concluded the article saying, According to CNG: “Contemporary counterfeits of Roman coins are often hybrids; perhaps counterfeiters did this intentionally to provide themselves with a potential defense that their products were not actually copies of genuine coins. The blundered legends would further support this theory.”

I think people often fail to realize how different the world was in the past.  I wonder if this is not the case here.

In my mother's lifetime things were very different.  She grew up without electricity, a phone and indoor plumbing.  She didn't know much about what was going on when my dad was overseas in World War II.  They didn't get nightly news on TV.   Maybe they heard a little on the radio about places they only saw in photos in books or magazines.  And letters from dad took weeks to get back stateside.  She still watches TV programs about the war and says how little she knew about what was going on at the time.

Not too many years ago a friend of mine received a counterfeit twenty dollar bill in change at a store.  It was terrible.  It looked like it was made by a kid.  Yet it was passed.  I suspect that it was in with some other bills and was not inspected at the time it was passed.  It didn't have to be good.  How many people don't even look at their change when they receive it?

Centuries ago I doubt that most people had a lot of contact with gold coins, and without the information glut (or should I say noise glut) we live in today, how many would know what the most recent and various other coin issues should look like or say.  Consider literacy rates too.  I just wonder if they were really trying to avoid counterfeiting charges or if it might be something else.  No matter what the reason, I think it is good to make a real effort to imagine how different it might have been in times past.  We too often interpret other times as being much like our own and as a result judge people of the past unfairly.

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Notice the increase in surf and wind change that will be occurring.

Source: MagicSeaWeed.com.

Happy hunting,
TreasureGuide@comcast.net