The bronze pot in which the trove was held for the past millennium, which is itself a valuable item, was secreted between stones in a 1.5 meter-deep well.
The discovery was made during an excavation and conservation project at the Caesarea World Heritage site.
It was located in a house in a neighborhood dating to the Abbasid and Fatimid period, 900 years ago.
This bronze pot, which shows indications of once having an original metal lid, was given a makeshift ceramic stopper before being placed into the watering hole, according to The Times of Israel.
‘The people broke a piece of ceramic and put it in as a stop-gap lid so the coins wouldn’t fall out,’ Dr. Robert Kool, coin expert at the authority, told the paper.
‘It really seems to add up to the Crusader conquest, which was a pretty dramatic event.’
ONe of the gold coins that was discovered at the port of Caesarea, Israel. The cache is of a unique combination of coins not yet seen in Israel consisting of two types of coins: 18 Fatimid dinars, well known from previous excavations in Caesarea, where it was the standard local currency of the time
They would have been unable to return to the site of the cache and retrieve their hidden gold.
‘According to contemporary written sources, most of the inhabitants of Caesarea were massacred by the army of Baldwin I (1100-1118), king of the Crusader Kingdom of Jerusalem,’ it added.
‘It is reasonable to assume that the treasure´s owner and his family perished in the massacre or were sold into slavery, and therefore were not able to retrieve their gold.’
The cache is of a unique combination of coins not yet seen in Israel consisting of two types of coins: 18 Fatimid dinars, well known from previous excavations in Caesarea, where it was the standard local currency of the time,’ said Dr. Robert Kool, coin expert at the authority.
‘And a small and extremely rare group of six Byzantine imperial gold coins.
‘Five of the coins are concave and belong to the reign of the Byzantine Emperor Michael VII Doukas (1071-1079 CE).’
Caesarea was constructed in the first century BC by King Herod at a time that Judea was part of the Roman empire.
Through the centuries, Caesarea was conquered several times.
First built by Herod the Great between 20 and 11 BC, Caesarea proved an important port city to several conquerers, including the Roman and Byzantine empires.
Archaeologists think the pot of gold was stashed as invaders ransacked the city, some 900 years ago.
An earring and gold coins that were discovered at the port of Caesarea, Israel. The coins in the cache dating to the end of the eleventh century, make it possible to link the treasure to the Crusader conquest of the city in the year 1101.