Rachel Fieldhouse
Money & Banking

7th century gold coins found hidden in wall

A collection of coins have been found concealed in a wall at a nature reserve in what has been described as an "extremely significant archaeological find".

During an excavation at the Hermon Stream (Banias) in Israel, archaeologists found 44 gold coins dating back to the 7th century.

Weighing in at about 170g, experts estimate that the hoard was hidden during the Muslim conquest in 635 CE.

They say the discovery sheds light on this significant moment in history which saw the end of the Byzantine rule in the area.

"We can imagine the owner concealing his fortune in the threat of war, hoping to return one day to retrieve his property," Yoav Lerer, the director of the excavation, told the BBC.

"In retrospect, we know that he was less fortunate."

Numismatic (currency) expert Dr Gabriela Bijovsky of the Israel Antiquities Authority said some of the coins were minted by Emperor Phocas (602-610 CE), while the majority were of his successor, Emperor Heraclius, with the latest coins the latter minted dating back to 635 CE.

Eli Escusido, the director of the Israel Antiquities Authority, said it was a significant find and that the public could soon see the coins for themselves.

"The coin hoard is an extremely significant archaeological find as it dates back to an important transitional period in the history of the city of Banias and the entire region of the Levant," he said.

"The Israel Antiquities Authority, together with the National Parks Authority, will work together to exhibit the treasure to the public."

Along with the coins, Israeli authorities said the excavation also uncovered remains of buildings and bronze coins, as well as water channels and pipes.

Images: Israel Antiquities Authority (Facebook)

Tags:
Money & Banking, Coins, Archaeology, Israel, History