The 1,000-year-old discovery of 108 coins is believed to be a stash buried by the Knights Hospitaller.
The hoard was discovered buried underneath a tiled floor at the ruins of a castle in Arsuf which was once a strategic stronghold during the Crusades. The 400 grams of coins may have been payment the Knights Hospitaller were due either from leasing the land or from industrial activities.
"It is a rare find. We don't have a lot of gold that had been circulated by the Crusaders," said Professor Oren Tal who lead the dig. "The study of these coins will contribute to our understanding of how large-scale economic interactions were made at the time."
"A 1,000-year-old hoard of gold coins has been unearthed at a famous Crusader battleground where Christian and Muslim forces once fought for control of the Holy Land, Israeli archaeologists said on Wednesday."
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