This article might probably get you thinking about the old collectibles you might have hidden in your garage somewhere, and how much you might make from them. Ancient pieces that are no more in production are usually sought for by art lovers and collectors. Earlier this year, a young student had found a Lamborghini and a Ferrari in her dead grandfather’s garage under a pile of junk. The most interesting part is that she was in the middle of a financial crisis with her grandmother who needed financial support for her medication. Here is another similar story of an ancient coin, that was bought from an old retiree at 5 figures. Read more below.
62-year-old Richard Patterson of Winchester Hampshire, England discovers link to ancient times… this may be the headlines when these gets to the news paper but we cannot help but wonder what coincidence it was for the old man who was only going about minding his business (of metal detecting).
Up until now, the 62year old had been metal detecting, call it his hobby, for about 25 years, searching the surrounds of his home and his home village, everywhere from people’s gardens to public parks, but one day, on a field, he found something amazing…. A coin.
Yeah. There’s no big deal about finding a coin, but it is a great deal of big deal when you find a silver coin that is over 1700 years old having the head of the ancient emperor Carausius crested on one side and a lion crested on the other. Richard was quoted saying: “I usually find a load of rubbish. When I found this I realized that it was a silver coin but I didn’t have a clue about what it is and how much it might be worth. I’m delighted.” You have got to be delighted man! It is your lucky day. You have found a long forgotten treasure.
Roman emperor Carausius was famous for separating Britain from the Roman Empire. The first Olympic games were by him and these games featured exotic, imported west African lions that shocked the audience. His own silver coins were minted between 286 to 293AD, and those coins are extremely rare today. The reason for this rarity being that he ruled for so short a time. He spent only 10 years on the throne.
Christopher Webb, head of the rare coins auction house, London, said that the coin is extremely rare and he called it an exceptionally fine specimen. The coin finally sold for over $14,000 after a heated auction at one of the biggest auction houses in Europe. What was most noble about Richard was that he didn’t play by the finders are keepers rule. He chose to split the revenue with the owners of the field where he found the coin.
You should keep your eyes open, you never know what you will find. You might be walking past a million dollar stone, look harder.