A Fortune in Ancient Gold Coins Found Off Israel

By Tia Ghose, Senior Writer

A massive trove of thousand-year-old gold coins has been unearthed in an ancient harbor off the coast of Israel.

The hoard, which was first discovered by members of an amateur scuba diving club, is the largest haul of gold coins ever unearthed in Israel.

The find raises the possibility that an ancient shipwreck that was once laden with treasure may lurk beneath the waves
Valuable find.

The coins were found off the coast of Caesarea, a harbor city that was built by King Herod the Great about 2,000 years ago. At the time when most of the coins were minted, Caesarea was a bustling port city that was central to the Fatimid Kingdom. At its peak, the wealthy Fatimid Kingdom ruled a region that spanned most of North Africa and much of the Mediterranean, and had 12 million dinars in its central coffers.
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