The incident took place in central Israel. A group of young volunteers found gold coins from the land of a house under construction. The "hidden treasure" was recovered on August 18.
Liat Navad-Jiv, who is in charge of the excavation, said the man buried the gold coin about 1,100 years ago. He made all the arrangements so that the pot would not move elsewhere. That means he had a plan to recover this pot. But who is the real owner of this gold coin is still a mystery.
Total 425 coins are found. The 24-carat pure gold coins date back to the 9th-century Abbasid caliphate period and would have been a significant amount of money at the time, said Robert Kool, a coin expert at the Israel Antiquities Authority. he added,
For example, with such a sum a person could buy a luxurious house in one of the best neighbourhoods in Fustat, the enormous wealthy capital of Egypt in those days.
The treasure was discovered last week at an excavation site in central Israel where a new neighbourhood is planned to be built. It is thought the area housed workshops at the time the treasure was hidden. The identity of the owner is a mystery. One of the volunteers, Oz Cohen said,
It was amazing. I dug in the ground and, when I excavated the soil, saw what looked like very thin leaves. When I looked again I saw these were gold coins. It was really exciting to find such a special and ancient treasure.