Rare Gold Coins Found in Israel

On Monday, The The Israel Antiquities was able to announce a gold find on Monday. Excavators were able to find not only rare gold coins but also a golden earring.  The find was in the ancient Mediterranean port of Caesarea in northern Israel. They believe that no one had come back for the treasure. It was whole Crusaders were conquering the area more than 900 years ago. Excavators were able to find 24 gold coins and an earring in a small bronze pot.

The authorities say that the bronze pot was in between two stones in the side of a well. The neighborhood that the house was in dates back to the Abbasid and Fatimid periods.

IAA’s Peter Gendelman and Mohammed Hatar, directors of the excavation, said that the date on the coins says they come from the end of the 11th century.

The years make it possible to link the gold find to the Crusader conquest of 1101. The directors say that it was one of the most dramatic events to occur ever in medieval history in Israel.

Rare Gold Coins

They add, that according to contemporary sources most people living in Caesarea did not live due to the slayings from Baldwin’s army. However, Baldwin was king of the Crusader Kingdom of Jerusalem. They go on to say that whoever was the owner of the treasure was either sold into slavery or death came about during the Crusades. Either way, they were not able to retrieve their treasure.

According to IAA coin expert Robert Kool, one or two of the rare gold coins were equivalent to the annual salary of a domestic farmer. He says that whoever was the owner of the rare gold coins was a person of great stature.

The City of Caesarea came about in the first century BC by King Herod. It was during a time in which Judea was apart of the Roman empire.