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Continued: Schafer: Gold is not the place to look for a safe haven

  • Article by: LEE SCHAFER , Star Tribune
  • Last update: April 17, 2013 - 8:53 PM

An outstanding example of this sits in the British Museum. It’s called the Hoxne Hoard.

It is a cache of nearly 15,000 Roman gold, silver and bronze coins along with silverware and gold jewelry items. A farmer and his friend found it when looking for a lost hammer in the village of Hoxne, in England, in late 1992.

No one knows for sure what happened, but it’s almost certainly the case that some well-off Roman family buried it for safekeeping. It was during the fifth century, when the Western Roman Empire was coming apart.

All of that gold does not appear to have done its owners much practical good. But, untouched for more than 1,500 years, at least their wealth stayed safe.

 

lee.schafer@startribune.com • 612-673-4302

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