said in a statement Thursday (Dec. 10). Related: In photos: Treasure ship holding gold and emeralds discovered The coins were likely buried in about 1540, while King Henry VIII was still alive, but it's unknown whether this burial spot was like a piggy bank, where someone regularly deposited coins, or whether the hoard was buried all at once, according to the British Museum.
Whoever saved the coins, however, was a person of means: The collection was worth about £24 at the time, the equivalent of $18,600 (£14,000) today, Barrie Cook, a curator of medieval and early modern coins at the British Museum, told The Guardian.
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