TENS OF THOUSANDS OF ANCIENT COINS HAVE BEEN FOUND OFF SARDINIA, MAY BE SPOILS OF A SHIPWRECK

New discovery: a huge hoard of Folles was discovered off the coast of Arzachena. Sardinia.
Based on the total weight of the find, the number of the bronze coins is between 30,000 and 50,000. They date to the first half of the 4th century.

The coins dating from the first half of the fourth century were found in sea grass, not far from the northeast shore of the Mediterranean island. The ministry didn't say exactly when the first diver caught a glimpse of something metallic just off shore Sardinia, not far from the town of Arzachena.

Exactly how many coins have been retrieved hasn't been determined yet, as they are being sorted. A ministry statement estimated that there are at least about 30,000 and possibly as many as 50,000, given their collective weight.