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Gold coin discovered at Colony of Avalon archaeological dig
Photos released by the Colony of Avalon Foundation
The Telegram
A Scottish gold coin was discovered at the Colony of Avalon Archaeological dig in Ferryland during excavations on Tuesday, according to a news release by The Colony of Avalon Foundation.
The release states the coin is significant because it is the first whole gold coin ever found at an excavation in the province. It is a “Sword and Sceptre” coin dated 1601 issued during the reign of King James VI of Scotland two years before he ascended the throne of England as King James I following the death of Queen Elizabeth I.
The coin was struck using 22 karat gold and now weighs about five grams. When originally issued in Scotland, the coin had a value of six pounds (120 shillings) which would have represented a significant amount of money for its owner.
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