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During the Middle Ages, gold and silver coins saw widespread use as currency in Europe and facilitated trade with the Middle East and Asia; the shortage of these metals therefore became a problem for European economies. The main cause for the bullion famine was outflow of silver to the East unequaled by European mining output, although 15th ...
Foreigners also had gold confiscated and were forced to accept paper money for their gold. The Uebersee Finanz-Korporation, a Swiss banking company, had $1,250,000 in gold coins for business use. The Uebersee Finanz-Korporation entrusted the gold to an American firm for safekeeping, and the Swiss were shocked to find that their gold was ...
The hoard includes almost 4,600 items and metal fragments, [8] [1] totalling 5.094 kg (11.23 lb) of gold and 1.442 kg (3.18 lb) of silver, with 3,500 cloisonné garnets [6] [9] and is the largest treasure of Anglo-Saxon gold and silver objects discovered to date, eclipsing, at least in quantity, the 1.5 kg (3.3 lb) hoard found in the Sutton Hoo ship burial in 1939.
The gold was stored in the main vault of the Norges Bank's headquarters in Oslo.During the increasing tension of the 1930s, plans were made to make the gold more mobile. When the Second World War broke out, these plans were accelerated and the gold was packed into 818 crates of 40 kilograms (88 lb), 685 crates of 25 kilograms (55 lb) and 39 barrels of gold coins, weighing 80 kilograms (180 lb ...
Typical items in Europe include crowns, sceptres, orbs, swords, ceremonial maces, and rings, all usually in gold or silver-gilt and heavily decorated with precious and semi-precious gemstones, in styles which go back to the Middle Ages and are normally very conservative to emphasize the continuity of the monarchy. Many working collections of ...
Its owner probably could not afford solid gold, but wanted a ring which had the appearance of the more costly material, says Dr Geake. The item was disclaimed and returned to the finder and landowner.
“Having been searching for history for over 14 years, finding a gold stater” — a type of gold coin from the Iron Age — “was always number one on my wish list,” Roberts said in the release.
The earliest gold artifacts were discovered at the site of Wadi Qana in the Levant. [13] Silver is estimated to have been discovered in Asia Minor shortly after copper and gold. [14] There is evidence that iron was known from before 5000 BC. [15] The oldest known iron objects used by humans are some beads of meteoric iron, made in Egypt in ...