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Trove of Buried Byzantine Gold Coins Unearthed in Northern Israel

October 6, 2022

by: Israel Antiquities Authority

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The pure gold coins found in the excavation

Thursday, 6 October 2022 | A treasure of 44 pure gold coins was recently discovered in archaeological excavations carried out by the Israel Antiquities Authority [IAA] at the site of Paneas (later known as Banias), within the Hermon River Nature Reserve. The excavations, funded by the Israel Electric Corporation, were carried out prior to connecting the adjacent Druze holy site Maqam Nabi Khadr to the national electricity grid.

Dr. Gabriela Bijovsky, IAA numismatic expert, examined the coin hoard, composed entirely of gold solidus coins, and identified some coins of Emperor Phocas (AD 602–610), and many coins minted by Emperor Heraclius (AD 610–641). The latest coins of Heraclius date the coin hoard to the time of the Muslim Conquest of Byzantine Palestine in AD 635.

According to Dr. Yoav Lerer, director of the excavation on behalf of the IAA, “The coin hoard, weighing about 170 grams [6 oz.], was concealed within the base of an ashlar stone wall at the time of the Muslim conquest. The discovery reflects a specific moment in time, when we can imagine the owner concealing his fortune in the threat of war, hoping to return one day to retrieve his property. In retrospect, we know that he was less fortunate.”

Lerer adds, “The discovery of the coin hoard may also shed light on the economy of the city of Banias during the last 40 years of Byzantine rule.”

“Most of the coins are of the Byzantine Emperor Heraclius,” adds Dr. Bijovsky, “and what is particularly interesting is that in his early years as emperor, only his portrait was depicted on the coin, whereas after a short time, the images of his sons also appear. One can actually follow his sons growing up—from childhood until their image appears the same size as their father, who is depicted with a long beard.”

In the excavation, which took place in the northwestern residential quarter of the ancient city of Banias, the remains of buildings, water channels and pipes, a pottery kiln, bronze coins and fragments of many pottery, glass and metal artifacts, were found. The finds date to the end of the Byzantine period (early seventh century AD) to the early Middle Ages (11th–13th centuries).

Banias, now a national park, is an archaeological site that was settled around a large spring in several periods. It was first established by Canaanites, who dedicated a shrine to the god Baal. In the Hellenistic period, Banias served as a cultic site to the god Pan (from whence the original Greek name of the site). The settlement reached its peak in the Early Roman period, when Herod the Great, and his son Philip II entirely rebuilt the city and named it Caesarea Philippi, in honor of the Roman emperor Augustus.

According to Christian tradition, Banias gained fame as the place where the Apostle Peter proclaimed Jesus to be the Christ, and Jesus gave Peter the keys of the kingdom of heaven [Matt. 16:13–20]. In the Byzantine period, a church was built next to the spring. In the Crusader period in 1129, the Crusaders undertook the fortification of the city to make it a military base from which to attack and conquer Damascus. This was short-lived as the Moslems conquered the city in AD 1132.

According to Eli Escusido, director of the IAA, “The coin hoard is an extremely significant archaeological find as it dates to an important transitional period in the history of the city of Banias and the entire region of the Levant. The IAA, together with the National Parks Authority, will work together to exhibit the treasure to the public.”

According to Raya Shurky, director of the National Parks Authority: “The Banias Nature Reserve, endowed with its unique nature and landscape, does not cease to surprise us from a historical–cultural point of view. The gold coin hoard is on par with the Byzantine Church, possibly the Church of St. Peter that was recently discovered. The finds include the remains of a mosaic floor and a stone engraved with many crosses, indicating that Banias became a Christian pilgrim site. The church, which was damaged in an earthquake that struck the north of the country, will soon be exhibited to the public visiting the nature reserve.”

Posted on October 6, 2022

Source: (Excerpt from a press release published by the Israel Antiquities Authority on October 3, 2022. Time-related language has been modified to reflect our publication today.)

Photo Credit: Dafna Gazit, Antiquities Authority

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