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Sunday, 13 April 2014

Suffolk Bronze Age axe and ring hoard 'undervalued'

A man who found a Bronze Age axe and four gold rings in Suffolk is disappointed with their £550 valuation.

Steven Walker discovered them in a field near Lowestoft in 2011 and estimated they were worth about £6,200.

He said the official valuation process was flawed and it would not encourage people to hand in treasure rather than sell it on the black market.

The government's Treasure Valuation Committee (TVC) said £550 was a fair price based on independent advice.

The 'Near North Cove Hoard' featured a hollow axe head containing three whole 'lock rings' and two fragments of what was believed to be a broken fourth ring.

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