Definition - What does Treasure Trove mean?
A treasure trove is a hidden horde of valuables. Valuables that may be found in a treasure trove include gold, silver, diamonds, rubies, emeralds, sapphires, etc.
In the context of the law, there are often disputes regarding treasure troves if a person who is not the original owner of the items finds the treasure trove. Legal action can follow to determine who has the rights to it.
Justipedia explains Treasure Trove
Laws regarding treasure troves can vary from country to country. For example, in England, historically, treasure troves were deemed to be the property of the king or queen. However, treasure trove laws can be difficult to enforce because they are often discovered in secret. Also, they often contain highly liquid assets such as precious metal coins, which can be easily sold.
If there is a dispute about the ownership of a treasure trove, the matter is taken to court.
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