Gold Coin Hoard From Time of Crusades Discovered
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Gold Coin Hoard From Time of Crusades Discovered

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Gold Coin Hoard From Time of Crusades Discovered

There is no doubt among historians that Israel was one of the most important places in the world during the ancient and medieval periods. The region saw more than its fair share of momentous battles and remained a disputed territory for nearly two millennia.

Not coincidentally, Israel has also been the location of some fantastic discoveries of gold and silver coins from these bygone eras.

Here Come the Crusades

Throughout the early portion of the Middle Ages, the pope (with the help of various European monarchies) commissioned a series of military expeditions to the Holy Land that are collectively referred to as "the Crusades." The first of these missions of conquest took place at the turn of the 12th century.

Right around this time period, between the years 1100 and 1118 C.E., a knight named Baldwin of Boulogne—whose lineage within the medieval nobility traced back to areas of modern-day France—led his army to Israel under the aegis of Pope Urban II. While there, Baldwin swiftly conquered the locals and established his own Kingdom of Jerusalem, ruling as Baldwin I. He had previously maneuvered to become the Count of Edessa and subsequently consolidated his power among the other crusader rulers of North Africa and the Levant. At the time, the Fatimid Caliphate was the hegemonic empire of the region.

The ancient port city known as Caesarea was one site of these epic massacres overseen by Baldwin I. Nearly everyone living in the town upon their arrival was killed or forced to flee the crusader forces, according to written sources of the time.

Other gold (and copper) Israeli coins

A new archaeological discovery shows that amid the conquest, somebody in Caesarea hid a considerable trove of wealth—and hid it so well that none have stumbled upon it until now!

Between a Rock and a Hard Place

As with so many cases of long-forgotten treasure, the owners were never able to return and retrieve their valuables. It's somewhat incredible the treasure was never found by later groups of crusaders, either.

A hoard of two dozen gold coins minted in the late 11th century were found inside a bronze pot. The pot was cleverly placed between the stones of a wall in Caesarea, left undisturbed for approximately 900 years. A single gold earring was included within the bronze pot.

It's unclear whether the cache of gold coins was left by a fleeing local or was the misplaced loot of a crusader.

In addition to coverage in other news outlets, the story was picked up by the BBC in the U.K. It also generated headlines splashed across the international landscape.

The opinions and forecasts herein are provided solely for informational purposes, and should not be used or construed as an offer, solicitation, or recommendation to buy or sell any product.

About the Author

Everett Millman

Everett Millman

Analyst, Commodities and Finance
Managing Editor

Everett has been the head content writer and market analyst at Gainesville Coins since 2013. He has a background in History and is deeply interested in how gold and silver have historically fit into the financial system.

In addition to blogging, Everett's work has been featured in CoinWeek, Advisor Perspectives, Wealth Management, Activist Post, and has been referenced by the Washington Post.

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