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by e63f67dd-065b 596 days ago
> For the group of seven metal detectorists who discovered the 2,584 silver pennies in the Chew Valley area, about 11 miles south of the city of Bristol, it marks a lucrative windfall since they will pocket half that sum. The landowner on whose property the coins were found will receive the other half.

I'm curious how this arrangement came about; is it mandated by law? Negotiated on a case-by-case basis? Is 50/50 the "standard" split?

1 comments

Yes, it's enshrined in UK law so that museums get opportunity to buy detectorists' finds. https://en.wikipedia.org/wiki/Treasure_Act_1996