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  #1
Al Bolton
 
Default Valuation and divison advice needed for Treasure

Hello,

I've just joined this newsgroup and I'm looking for some advice.

I found a nice, medieval silver finger ring in Cornwall in 2002, which was
declared Treasure last year, using my trusty old Whites 5900 Di.

Finally, after nearly three years I got the Treasure Valuation on the 11
January 2005, of 1600 pounds. I had included what I thought was reasonable
evidence from my own research which connected the ring to the Armada, and
this was submitted to the committee and acknowledged in the letter, along
the lines of the committee thanks me for my interesting submission.

A week later, I received another letter from the dcms, informing me that the
valuation was only 1200 pounds as the person at the department had confused
my case with another. The ring was provisionally valued at 1200 pounds
before I added my research by the way.

As you can imagine, I was not at all happy! I have prepared a letter
questioning this, and stating that I may appeal. But this is the first time
this has happened to me, so could anyone suggest a way forward? Should I get
an independent expert to value the ring? Who would you recommend? Can the
committee come up with a LOWER valuation?

Finally, and thanks for bearing with me, how should the share of the ring be
divided? The beach it was found on is part-owned by the Duchy of Cornwall
and part owned by Hanson. I found the ring on the Hanson-owned side. Would
it be fair to suggest 10 per cent to Hanson and 90 per cent to me, as I did
all the hard work!?

Many thanks,
Al, Reading


 
  #2
Jim & Debbie
 
Default Re: Valuation and divison advice needed for Treasure

> I found a nice, medieval silver finger ring in Cornwall in 2002, which was
> declared Treasure last year, using my trusty old Whites 5900 Di.
>
> Finally, after nearly three years I got the Treasure Valuation on the 11
> January 2005, of 1600 pounds. I received another letter from the dcms,
> informing me that the valuation was only 1200 pounds as the person at the
> department had confused my case with another. Should I get an independent
> expert to value the ring? Who would you recommend? Can the committee come
> up with a LOWER valuation?
> Finally, and thanks for bearing with me, how should the share of the ring
> be divided? The beach it was found on is part-owned by the Duchy of
> Cornwall and part owned by Hanson. I found the ring on the Hanson-owned
> side. Would it be fair to suggest 10 per cent to Hanson and 90 per cent to
> me, as I did all the hard work!?



Hi Al,
Crikey, make it an easy one, why don't you....
There's no sure fire easy answer to this (that I know of), but I'd suggest
that you get an independent valuation and fight to get the right amount from
those in power... Who can you ask ? Well, I'd start by e-mailing the FID or
NCMD if you're a member of either. If not, get back to me and I'll put you
in touch with Colin Hanson of the FID. They can suggest the best course of
action to you.
I very much doubt that they can lower their offer on the ring, it's either
worth that amount, or it's not !
Next the question of sharing the value... Not easy either, but a lot more
clean cut if you're talking just one farmer !
Did you get permission to detect where you were ?
If so, was there no agreement in that ?
I think you'll find that Hanson could request at least 50% of the value if
they wanted to (if you didn't have permission to hunt there)!
In fact, I think you'll find that they could take 100% if they feel you were
trespassing, but don't quote me on that...

Anyway, try the FID or NCMD first and see how you get on.

Jim

--
Find out what over 2000 other treasure hunters have already found, the
DETECTING SMARTGROUP....
www.smartgroups.com/groups/detecting


 
  #3
Al Bolton
 
Default Re: Valuation and divison advice needed for Treasure

Hi Jim, thanks for your replay, I really appreciate it.

Firstly, I was detecting on a tourist beach with Public access, which has
many thousands of visitors every year, and its own car park, etc. So there's
no question of trespass, or getting permission. There are also no signs
anywhere forbidding metal detector use, so I really think I had every right
to use my machine there and also entitled to at least 50% of its value and
possibly more as I was the proactive party, so to speak!

I would expect this type of scenario to be repeated quite often in the UK as
so many beach finds are made. I also don't see why I should not realise the
value of the ring as I acted in good faith, presenting the ring to the Royal
Museum of Cornwall for progressing, etc. I could have just sold it on eBay
or to a dealer but I am concerned that finds like this should go to museums
as they are part of our cultural heritage.

I think your idea about an independent valuation is a good one, though I'm
not sure who to approach. I'm not a club or association member but might
consider joining though I only use my machine a few times a year.

I think contacting Colin Hanson sounds a very good idea, so if you could
send me his e-mail address I'll get in touch with him.

I'll let the newsgroup know how I get on as well, as it could be useful for
other detector-users here.

Thanks a lot,
Al

"Jim & Debbie" <jim@sewell01.fsnet.co.uk> wrote in message
news:css3iq$2kr$1@newsg1.svr.pol.co.uk...
>> I found a nice, medieval silver finger ring in Cornwall in 2002, which
>> was declared Treasure last year, using my trusty old Whites 5900 Di.
>>
>> Finally, after nearly three years I got the Treasure Valuation on the 11
>> January 2005, of 1600 pounds. I received another letter from the dcms,
>> informing me that the valuation was only 1200 pounds as the person at the
>> department had confused my case with another. Should I get an
>> independent expert to value the ring? Who would you recommend? Can the
>> committee come up with a LOWER valuation?
>> Finally, and thanks for bearing with me, how should the share of the ring
>> be divided? The beach it was found on is part-owned by the Duchy of
>> Cornwall and part owned by Hanson. I found the ring on the Hanson-owned
>> side. Would it be fair to suggest 10 per cent to Hanson and 90 per cent
>> to me, as I did all the hard work!?

>
>
> Hi Al,
> Crikey, make it an easy one, why don't you....
> There's no sure fire easy answer to this (that I know of), but I'd suggest
> that you get an independent valuation and fight to get the right amount
> from those in power... Who can you ask ? Well, I'd start by e-mailing the
> FID or NCMD if you're a member of either. If not, get back to me and I'll
> put you in touch with Colin Hanson of the FID. They can suggest the best
> course of action to you.
> I very much doubt that they can lower their offer on the ring, it's either
> worth that amount, or it's not !
> Next the question of sharing the value... Not easy either, but a lot more
> clean cut if you're talking just one farmer !
> Did you get permission to detect where you were ?
> If so, was there no agreement in that ?
> I think you'll find that Hanson could request at least 50% of the value if
> they wanted to (if you didn't have permission to hunt there)!
> In fact, I think you'll find that they could take 100% if they feel you
> were trespassing, but don't quote me on that...
>
> Anyway, try the FID or NCMD first and see how you get on.
>
> Jim
>
> --
> Find out what over 2000 other treasure hunters have already found, the
> DETECTING SMARTGROUP....
> www.smartgroups.com/groups/detecting
>
>



 
  #4
Jim & Debbie
 
Default Re: Valuation and divison advice needed for Treasure

Here you go Al....
hon.sec.fid@dialin.net
Colin is a great guy and will offer great advice to help you on this one.

If you want to join the FID, it's currently just £3 per year, plus an
initial £5 signing up fee...

As you were on a public beach, you might find you can keep the full value of
the ring, I though that perhaps it was private !
Good luck, and keep us "ALL" ??? posted.
This is usually an active group, but it's starting to feel like the Marie
Celeste.

Jim


 
  #5
Joe Roberts
 
Default Re: Valuation and divison advice needed for Treasure

Any chance of us seeing a photo of it?

Congratulations to you for the good find.

Joe


"Al Bolton" wrote:
> ...
> I found a nice, medieval silver finger ring in Cornwall
> in 2002, which was declared Treasure last year,
> using my trusty old Whites 5900 Di.
> ...


 
  #6
Al Bolton
 
Default Re: Valuation and divison advice needed for Treasure

Hi Joe, yes, it would be my pleasure and thanks for the congrats as well.

Does this newsgroup allow photo attachments or shall I send it to you
direct?

Regards,
Al
====================================

"Joe Roberts" <cdex3@comcast.net> wrote in message
news:9MadnVwzf6_TkmjcRVn-vQ@comcast.com...
> Any chance of us seeing a photo of it?
>
> Congratulations to you for the good find.
>
> Joe
>
>
> "Al Bolton" wrote:
>> ...
>> I found a nice, medieval silver finger ring in Cornwall
>> in 2002, which was declared Treasure last year,
>> using my trusty old Whites 5900 Di.
>> ...

>



 
  #7
Joe Roberts
 
Default Re: Valuation and divison advice needed for Treasure

Hi Al,

You could send it to my e-mail address shown in this post's headers (it's a
real address).

I don't think this newsgroup wants binary attachments, but maybe a reader
could suggest a Web site where you could post the picture. Then we could
all see it (and admire your great find).

Cheers,

Joe



 
  #8
John Cutler
 
Default Re: Valuation and divison advice needed for Treasure

Can you send me a copy as well pleaseAl.

Thanks John.
"Joe Roberts" <cdex3@comcast.net> wrote in message
news:6O2dncwCMtFs4mvcRVn-sw@comcast.com...
> Hi Al,
>
> You could send it to my e-mail address shown in this post's headers (it's

a
> real address).
>
> I don't think this newsgroup wants binary attachments, but maybe a reader
> could suggest a Web site where you could post the picture. Then we could
> all see it (and admire your great find).
>
> Cheers,
>
> Joe
>
>
>



 
  #9
Mark & Ana Jones
 
Default Re: Valuation and divison advice needed for Treasure

John Cutler wrote:
> Can you send me a copy as well pleaseAl.


and me please

mark@atholmarketingREMOVE.com


 
  #10
Odd Job John
 
Default Re: Valuation and divison advice needed for Treasure

Could I please have a copy too.

Remove my "Knickers" to reply.

odd_job_john@Knickerssmallshopsonline.co.uk


 
  #11
Al Bolton
 
Default Re: Valuation and divison advice needed for Treasure

OOoer!

"Odd Job John" <odd_job_john@Knickerssmallshopsonline.co.uk> wrote in
message news:K6QJd.403$Y05.314@newsfe1-gui.ntli.net...
> Could I please have a copy too.
>
> Remove my "Knickers" to reply.
>
> odd_job_john@Knickerssmallshopsonline.co.uk
>
>



 
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