Boy Finds £2.5M Gold Locket With Metal Detector
Instead of bottle caps and ridicule from his peers, 3-year-old James Hyatt found a locket worth millions with his metal detector. James and his dad found the gold locket last May in Essex. Since then the 500-year-old treasure has been appraised at around £2.5million. From the article: "James’s father Jason, 34, said: ‘My son is one of the luckiest people ever. If we go to the doctors he’ll put his hand down the side of the sofa and pull out a tenner.’"
I wish I had found stuff like this with my metal detector. Instead I was always that weird kid with the metal detector.
Under the British Treasure Act of 1996, such a find like this belongs to the Crown. However, the boy may be compensated as a reward by the Secretary of State.
http://www.legislation.gov.uk/ukpga/1996/24/section/10
Section 4 of the Treasure Act
(1)When treasure is found, it vests, subject to prior interests and rights—
(a)in the franchisee, if there is one;
(b)otherwise, in the Crown.
My postings are informational and does not constitute legal advice. Act on it at your risk.
He's only going to live to be 6?