Landowner and finder to share £3.3m treasure hoard spoils

THE Staffordshire Hoard, the largest collection of Anglo-Saxon treasure ever found, has been valued at £3.28 million (€3.6m), the British Museum has said.

The money will be split equally between the finder, Terry Herbert, and the landowner, Fred Johnson.

The men and the museums which hope to acquire the hoard, Birmingham Museum & Art Gallery and the Potteries Museum & Art Gallery in Stoke-on-Trent, have all approved the valuation, a spokesman added.

Mr Herbert, 55, a jobless council tenant on disability benefit, discovered the hoard while searching the field on July 5 using his 14-year-old metal detector.

Most of the gold and silver haul is thought to date back to between 675AD and 725AD.