Divers discover hundreds of gold coins

Posted: February 18, 2015 in Discovery

The divers initially thought the gleaming object they noticed on the seafloor off the Israeli coast was a toy coin from a game.

But they quickly realized they had stumbled across something a whole lot more valuable in the ancient Mediterranean harbor of Caesarea.

Their chance discovery a few weeks ago led to a trove of nearly 2,000 gold coins that had languished at the bottom of the sea for about 1,000 years, the Israel Antiquities Authority said Tuesday.

It’s the biggest hoard of gold coins ever discovered in Israel — and it could lead to further archaeological finds.

“There is probably a shipwreck there of an official treasury boat which was on its way to the central government in Egypt with taxes that had been collected,” said Kobi Sharvit, director of the Marine Archaeology Unit of the antiquities authority.

He offered other theories about the origin of the treasure.

Perhaps the coins were meant to pay the salaries of a military garrison in Caesarea, Sharvit speculated, or came from a merchant ship that sank while traveling from port to port along the Mediterranean coast.

Marine archaeologists are planning to carry out salvage work at the site to find out more.
CNN NEWS

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