Mystery gold sovereign hoard found in piano declared to be treasure.
Mystery surrounds the identity of the rightful owners of a treasure trove of gold coins worth up to £350,000 found hidden under a piano keyboard.
The 913 coins, found neatly stacked in dusty hand-stitched packages and pouches, were discovered carefully secreted beneath the instrument’s keyboard base while it was being re-tuned.
Ruling the hoard to be treasure at an inquest on Thursday, Shropshire coroner John Ellery said “we simply do not know how they came to be concealed”.
Despite an international media appeal, the identity as to who put the cash in the instrument – and why they did so – remains a tantalising unknown.
Experts from the British Museum found the coins ranged in date from 1847 to 1915, consisting of 633 full sovereigns and 280 half-sovereigns.
The coins were found to be 91.7% pure gold, with the majority dating from the reign of Queen Victoria.
The hoard itself – which is yet to be formally valued – is now being held at a secure location, while the piano will be returned to its home in a local school.
However, the British Museum’s Peter Reavill, shedding some light on its potential worth, said: “There’s a substantial amount of money there – enough to buy a house, so equivalent today to about £350,000.
“That’s not to say it’s worth that today, but that’s its spending power.”
For 33 years, the piano was previously owned by Graham and Meg Hemmings, formerly of Saffron Walden, Essex, who used the instrument to teach their children music – and were entirely ignorant of its secret cargo.
The couple, who moved to Shropshire in 2015, then donated the upright Broadwood and Sons-made piano to a nearby school, Bishop’s Castle Community College, last summer, which then decided to have it tuned.
It was tuning technician, 61-year-old Martin Backhouse, who then found the “gob-smacking” stash, initially believing the carefully-wrapped cloth packets delivering bum notes to be bags of “moth repellent”.
Describing the moment of discovery, he said: “As soon as I started lifting out the keys, I thought, uh-uh, what’s this underneath the keyboard?
“I lifted one and thought, that can’t be moth repellent, it’s too heavy.”
Mr Backhouse slit the stitching with his penknife and when he looked inside, he recalled: “Oooh, it looks like there’s rather a lot of gold in this.”
He and the headmaster then moved the 6kg (13.2lb) hoard into the school’s safe and rang the coroner.