........ read slowly Roger Bland, head of portable antiquities and treasure at the British Museum, said: "The most we can say is, I think we're fairly confident it is likely to be a seven-figure sum." BBC correspondent Nick Higham said the hoard would be valued by the British Museum and the money passed on to Mr Herbert and the landowner.
odd that you would say that. I trade gold and I have been overall profitable trading it. However, I did not kill it like a couple of people I know. I did just put on my largest short in years in a different vehicle so I will not be able to put too much into gold. If my short works you would expect gold to go up.
They are going to pay him a fraction of what it is worth on the black market for such treasure. It is up to the museum & the Queen to decide the value, not the finder. I doubt he will even get spot price for it. But even at spot with 11lbs assumed to be 99.9%, that is 400kUSD. Of which he will lose half to taxes. Far from the 7 figs the journalist claims. But at least he gets something.