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Treasure Hunting
Lost And Found Treasures
Martin weibergs missing treasure
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<blockquote data-quote="user 4386" data-source="post: 513107" data-attributes="member: 4386"><p>"It was obvious that he must have had an accomplice as it would have been very difficult to transport 5000 coins with a combined weight of 1500 kilograms without anyone noticing". That would be 10 oz per coin! In fact, British gold sovereigns had a mass of only 8 grams, or 0.24 troy ounces, so 5000 coins would have a mass of 1200 oz or 37 kg, which many of us could tote in a backpack. Their value was one pound, so 5,000 sovereigns would be worth 5000 pounds at the time of the theft. The gold price only increased about four-fold up to about 1971 (although the coins would have been worth more as collectors items). </p><p></p><p>" No more of the gold was found until 1904 when a farmer near Inverloch found a stash of 75 gold sovereigns while chopping an old tree for firewood". Since this was only 75 pounds worth (about 18 ounces of gold) and sovereigns were currency, it probably doesn't mean there was a connection (I have heard many such legends, eg a farmer near Orbost who buried some in a tree when he went off to WW1 - but who was killed overseas).</p><p></p><p>Why spoil a good story though? A pity that such tales cannot be at least factually feasible (I don't think that there is too much doubt about this third story though, just the details).</p></blockquote><p></p>
[QUOTE="user 4386, post: 513107, member: 4386"] "It was obvious that he must have had an accomplice as it would have been very difficult to transport 5000 coins with a combined weight of 1500 kilograms without anyone noticing". That would be 10 oz per coin! In fact, British gold sovereigns had a mass of only 8 grams, or 0.24 troy ounces, so 5000 coins would have a mass of 1200 oz or 37 kg, which many of us could tote in a backpack. Their value was one pound, so 5,000 sovereigns would be worth 5000 pounds at the time of the theft. The gold price only increased about four-fold up to about 1971 (although the coins would have been worth more as collectors items). " No more of the gold was found until 1904 when a farmer near Inverloch found a stash of 75 gold sovereigns while chopping an old tree for firewood". Since this was only 75 pounds worth (about 18 ounces of gold) and sovereigns were currency, it probably doesn't mean there was a connection (I have heard many such legends, eg a farmer near Orbost who buried some in a tree when he went off to WW1 - but who was killed overseas). Why spoil a good story though? A pity that such tales cannot be at least factually feasible (I don't think that there is too much doubt about this third story though, just the details). [/QUOTE]
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Martin weibergs missing treasure
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