Question: Can You Keep Treasure You Find?

Do treasure hunters get to keep what they find?

Generally, “the finder of lost property can keep it against all the world… qualified by the question of where it was found,” says property law expert John Orth, a professor at the University of North Carolina.

In California, there is a law mandating that any found property valued over $100 be turned over to police..

Why is metal detecting illegal?

It is a criminal offence to use a metal detector at certain sites of special scientific interest or a “protected place”, such as scheduled ancient monuments or an area of “archaeological importance”. … The problem is that when metal detectorists go rogue it can be difficult to bring them to justice.

What happens if a find is declared treasure?

If it is declared to be treasure then the finder must offer the item for sale to a museum at a price set by an independent board of antiquities experts known as the Treasure Valuation Committee. Only if a museum expresses no interest in the item, or is unable to purchase it, can the finder retain it.

Can you keep pirate treasure?

In California, for instance, the law requires finders to make an effort to locate the owner and turn the property in to the police, but after 120 days, the finder can keep it if no one claims it. In other cases, though, dire consequences can result for those who find property without reporting it.

Why is consent required? The entire foreshore in the UK has an owner. Metal detecting is not a public right and as such permission is needed from the landowner to detect. The Treasure Act 1996 deals with the definition of treasure, along with the payment of rewards in relation to permitted metal detecting.

What is the most treasure ever found?

Here are seven of the most valuable and extensive treasure troves ever brought to light.THE CUERDALE HOARD. JMiall via Wikimedia Commons // CC BY-SA 3.0. … THE HOXNE HOARD. … THE STAFFORDSHIRE HOARD. … THE ŚRODA TREASURE. … THE CAESAREA SUNKEN TREASURE. … THE PANAGYURISHTE TREASURE. … THE BACTRIAN GOLD.

What happens if you get caught metal detecting?

If you are caught detecting without this licence you are liable to prosecution. People that are caught nighthawking are banned from getting this licence and if they persist in doing it they are charged with theft.

What is the richest treasure ever found?

10 of the Most Valuable Treasure Troves Ever FoundStaffordshire Hoard – 2009 | Value: $4.1 Million. … The Le Catillon II Hoard – 2012 | Value: Over 10 Million Pounds. … St. … Hoxne Hoard – 1992 | Value: $3.8 Million. … The Cuerdale Hoard – 1840 | Value: $3.2 Million. … Środa Treasure – 1885 – 1888 | Value: $120 Million. … Caesarea Sunken Treasure – 2015 | Value: Priceless.More items…•

Are metal detectors worth buying?

If you’re expecting to buy a metal detector as a means to get out of the house and go get some fresh air and exercise while possibly finding some interesting and potentially valuable items along the way, then yes, it’s very much worth it and an excellent choice of hobby which is shared by many around the globe.

Where can I metal detect legally?

Fortunately, there are many places you can legally metal detect without permission – and we’ll share some resources for how you can discover these sites!…Local Parks & Recreational Spots. … State Parks. … National Forests. … Family and Friends. … Metal Detecting Clubs. … Network to Meet New People.More items…•

Do you get to keep treasure you find?

If you take the property to a police station and file the appropriate paperwork, owners have 28 days to claim it. After that, if it goes unclaimed, the property is yours to keep, free and clear and with full legal rights.

Can you keep treasure you find UK?

Report treasure. … There’s an unlimited fine or up to 3 months in prison for not reporting treasure. You can voluntarily report items to the Portable Antiquities Scheme if they are not treasure but are still of cultural or historical interest. This is to help keep a record of all finds in England and Wales.

What is the greatest treasure never found?

6 Famous Missing TreasuresArk of the Covenant. Painting depicting King David bearing the Ark of the Covenant into Jerusalem. … Montezuma’s Treasure. Montezuma II (Credit: Hulton Archive/Getty Images) … Blackbeard’s Treasure. … Treasure of Lima. … Mosby’s Treasure. … Nazi Gold in Austria’s Lake Toplitz.

Can I keep gold I find?

Your finds If you discover gold or other minerals or gemstones on land not covered by a mining tenement, and the ground is Crown land (under the Mining Act 1978), then you are free to keep what you have found (as long as you hold a Miner’s Right).

Can you get rich metal detecting?

Most people don’t expect to get rich with their detector. … You might not want to rush out and quit your day job, but you can most certainly make some money with a metal detector if you do your research and locate good areas to hunt. About $75 worth of small gold nuggets found with a Makro Gold Racer metal detector.