Israel unveils find of medieval coins

CAESAREA, Israel – Israel on Wednesday unveiled the largest collection of medieval gold coins ever found in the country, accidentally discovered by amateur divers and dating back about a thousand years.

The find was made two weeks ago near the Israeli port city of Caesarea and consists of roughly 2,000 coins, weighing about 13 pounds, the Israel Antiquities Authority said.

The coins were likely swept up in recent storms, said Kobi Sharvit, director of the authority’s marine archaeology unit, adding they provided “fascinating and rare historical evidence” from the Fatimid era in the 10th and 11th centuries.

The divers initially thought they had spotted toy coins but later showed a few of them to officials.

Marine archaeologists, using metal detectors, then found the larger haul with coins of various denominations, dimensions and weight. The divers handed over all the coins.

Sharvit said they probably came from a boat that sank on its way to deliver tax money to Egypt or from a merchant ship trading among Mediterranean coastal cities.

Robert Kool, the Israel Antiquities Authority’s curator of coins, said the find was in excellent condition. The coins did not require any cleaning or conservation, despite having been at the bottom of the sea for about a millennium.