Israel's Largest Ever Discovery of Gold Coins Has Been Unearthed | IFCJ
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Israel's Largest Ever Discovery of Gold Coins Has Been Unearthed

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What is believed to be the largest collection of gold coins in Israel was recently discovered by a group of amateur Israeli divers:

The astonishing haul was discovered by accident, when a group of divers from a local diving club at the ancient harbor in Caesarea National Park stumbled upon what they thought was a toy coin discarded by a tourist.

But after realizing the coins were "the real thing" they quickly collected severalsamples and returned to the shore in order to inform the director of the diving club, who in turn reported the discovery to the Marine Archaeology Unit of the Israel Antiquities Authority. 

The IAA quickly scrambled a diving team of its own, equipped with metal detectors, who were escorted by the initial group to where the coins were found - and soon discovered the sheer magnitude of the find.

In all, the hoard of gold included 2,000 gold coins in different denominations, including a dinar, half dinar and quarter dinar, of various dimensions and weights.

According to Kobi Sharvit, director of the Marine Archaeology Unit of the Israel Antiquities Authority, the unprecedented find had remained undisturbed for centuries, and was only unearthed after the recent winter storms disturbed the seabed.

"The discovery of such a large hoard of coins that had such tremendous economic power in antiquity raises several possibilities regarding its presence on the seabed," Sharvit noted, adding that the treasure had probably come from a shipwreck.

Tags: Facts and Findings

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