LONDON, England (Reuters) -- A routine walk with his dog turned into a profitable excursion for one man, who discovered a 1,200-year-old gold penny during the stroll and now expects to sell it for thousands of pounds.
The coin weighs just 4.33 grams and was discovered on a public footpath beside the River Ivel in Bedfordshire, England. It is the first new Anglo-Saxon gold penny to come to light in nearly a century and the only known gold coin with the name of Coenwulf -- a king who ruled over the central English region of Mercia.
London auctioneers Spink estimate the coin will sell for 120,000-150,000 pounds ($214,100-267,700) when it goes under the hammer in October. But Richard Bishop, an auctioneer at Spink, said the coin's excellent condition might help the price rise beyond the top estimate.
http://edition.cnn.com/2004/WORLD/europe/09/10/britain.coin.reut/index.html
The coin weighs just 4.33 grams and was discovered on a public footpath beside the River Ivel in Bedfordshire, England. It is the first new Anglo-Saxon gold penny to come to light in nearly a century and the only known gold coin with the name of Coenwulf -- a king who ruled over the central English region of Mercia.
London auctioneers Spink estimate the coin will sell for 120,000-150,000 pounds ($214,100-267,700) when it goes under the hammer in October. But Richard Bishop, an auctioneer at Spink, said the coin's excellent condition might help the price rise beyond the top estimate.
http://edition.cnn.com/2004/WORLD/europe/09/10/britain.coin.reut/index.html
