Any item of value that is found on any piece of land that falls within the scope and ambit of the Treasure Act 1966 is considered or regarded as treasure.
S. 1 of the act defines treasure: –
(1) Treasure is—
(a) any object at least 300 years old when found which—
(i) is not a coin but has metallic content of which at least 10 per cent by weight is precious metal;
(ii) when found, is one of at least two coins in the same find which are at least 300 years old at that time and have that percentage of precious metal; or
(iii) when found, is one of at least ten coins in the same find which are at least 300 years old at that time;
(b) any object at least 200 years old when found which belongs to a class designated under section 2 (1);
(c) any object which would have been treasure trove if found before the commencement of section 4;
(d) any object which, when found, is part of the same find as—
(i) an object within paragraph (a), (b) or (c) found at the same time or earlier; or
(ii) an object found earlier which would be within paragraph (a) or (b) if it had been found at the same time.
(2) Treasure does not include objects which are—
(a) unworked natural objects, or
(b) minerals as extracted from a natural deposit, or which belong to a class designated under section 2(2).
S. 4 is with regards of ownership of treasure:-
(1) When treasure is found, it vests, subject to prior interests and rights—
(a) in the franchisee, if there is one;
(b) otherwise, in the Crown.
(2) Prior interests and rights are any which, or which derive from any which—
(a) were held when the treasure was left where it was found, or
(b) if the treasure had been moved before being found, were held when it was left where it was before being moved.
(3) If the treasure would have been treasure trove if found before the commencement of this section, neither the Crown nor any franchisee has any interest in it or right over it except in accordance with this Act.
(4) This section applies—
(a) whatever the nature of the place where the treasure was found, and
(b) whatever the circumstances in which it was left (including being lost or being left with no intention of recovery).
S. 7 gives us the jurisdiction of the coroner.
Copyright © 2019 by Dyarne Jessica Ward