Close Menu
Finance Pro
  • Home
  • Art Gallery
  • Art Investment
  • Art Stocks
  • Cryptocurrency
  • Finance
  • Investing in Art
  • Investments
Facebook X (Twitter) Instagram
Trending
  • Art Gallery of Ontario scores major donation, more than 450 pieces including 13 Andy Warhols
  • #CryptoCorner | Meghna Bal, Director of Esya Centre tells Manisha Gupta Due to higher taxes in India, a large percentage of crypto trade has shifted offshore @CoinDCX #CNBCTV18Market #cryptocurrency – LinkedIn
  • There are no decisions without risks
  • West Virginia secures $4.2B in energy investments, creating 4,200 jobs
  • Adaptation finance gaps, just transition clash dominate COP30 in Belém
  • Art Gallery of Ontario gets gift of more than 450 works – The Art Newspaper
  • Discovery Bank opens its doors to cryptocurrency trading
  • From Early Adoption To Domain Mastery
  • Privacy Policy
  • Terms and Conditions
  • Get In Touch
Finance ProFinance Pro
  • Home
  • Art Gallery
  • Art Investment
  • Art Stocks
  • Cryptocurrency
  • Finance
  • Investing in Art
  • Investments
Finance Pro
Home»Art Investment»Theft of Bronze Age gold artefacts from UK museum sparks fresh concerns about lack of government investment in sector
Art Investment

Theft of Bronze Age gold artefacts from UK museum sparks fresh concerns about lack of government investment in sector

May 14, 20243 Mins Read


The theft of a Bronze Age gold torc and bracelet from a UK institution has sparked calls for greater government investment in the museum sector.

Police are yet to make arrests and are appealing for information to track down two thieves who broke into the Ely Museum, Cambridgeshire, on 7 May and escaped on electric scooters.

With gold prices hitting a record high in recent months experts are worried that the precious artefacts, worth £220,000 in their current form, might be melted down for their scrap metal value.

Archaeologist Tess Machling said in a post on the social media site X, formerly known as Twitter, that the process of melting the gold wouldn’t be straightforward. She also suggested it could be difficult to sell, writing: “It’s an odd alloy composition for modern gold and correcting and moving on unhallmarked gold is tricky.”

The 3,000-year-old torc is created from a cross section bar, carefully twisted into a spiral. The object, weighing 730g, was found by a metal detectorist in a ploughed field in 2015. It was then secured for Ely Museum in 2017 after a major local fundraising campaign. It is considered one of the most significant discoveries of its kind in England for over a century and is much larger than most torcs, which usually fit around an arm.

The stolen torc is considered one of the most significant discoveries of its kind in England for more than 100 years and is much larger than most torcs, which usually fit around an arm

© Cambridgeshire County Council

Before the arrival of the torc, the bracelet, also Bronze Age, was known to be the museum’s star attraction. It had arrived at the museum in 2010, after it was unearthed by a novice metal detector in Fordham, ten miles from Ely.

Elie Hughes, Ely Museum’s curator said: “We are devastated by the loss to the museum and to the local heritage of the region. It is a huge blow after the incredible support from the community in acquiring the torc in 2017. As a culturally significant object, it cannot be replaced. Our priority now is working with the police to locate the stolen objects.”

Police suspect the thieves used a crowbar to gain entry to the museum and a sledgehammer to smash the reinforced glass containing the items.

Matthew Pope, associate professor at University of College London’s Institute of Archaeology says the incident should be a wake up call about a lack of investment in the museum sector.

He says: “After 14 years of austerity-driven underfunding, many of our museums are suffering. To see them the target of robbery like this is heartbreaking, we can only hope future governments invest to ensure our museums balance the very best in security with access for the public to view our shared heritage. More than this, our curators are the people with the expertise to care best for the artefacts and we need to see an end to poor pay and precarity for these valued professionals.”



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Does This $1 Billion Art Collection Paint Too Rosy a Picture?

November 12, 2025 Art Investment

Art Works COO assures stakeholders after liquidation

November 10, 2025 Art Investment

Billionaire Families Now Chasing One Investment Over Fine Art and Fancy Cars, According to JPMorgan Chase

November 7, 2025 Art Investment

Ex-Capula Compliance Head Says Fund Expensed Art, Private Jets

November 4, 2025 Art Investment

Wealth shift redefines art market as next-gen collectors demand values before profit

November 4, 2025 Art Investment

Singapore art investment firm’s abrupt closure leaves wages unpaid, artworks unreturned; police report lodged

November 3, 2025 Art Investment
Add A Comment
Leave A Reply Cancel Reply

Don't Miss

Art Gallery of Ontario scores major donation, more than 450 pieces including 13 Andy Warhols

November 13, 2025 Art Gallery 4 Mins Read

Listen to this articleEstimated 4 minutesThe audio version of this article is generated by text-to-speech,…

#CryptoCorner | Meghna Bal, Director of Esya Centre tells Manisha Gupta Due to higher taxes in India, a large percentage of crypto trade has shifted offshore @CoinDCX #CNBCTV18Market #cryptocurrency – LinkedIn

November 13, 2025

There are no decisions without risks

November 13, 2025

West Virginia secures $4.2B in energy investments, creating 4,200 jobs

November 13, 2025
Our Picks

Art Gallery of Ontario scores major donation, more than 450 pieces including 13 Andy Warhols

November 13, 2025

#CryptoCorner | Meghna Bal, Director of Esya Centre tells Manisha Gupta Due to higher taxes in India, a large percentage of crypto trade has shifted offshore @CoinDCX #CNBCTV18Market #cryptocurrency – LinkedIn

November 13, 2025

There are no decisions without risks

November 13, 2025

West Virginia secures $4.2B in energy investments, creating 4,200 jobs

November 13, 2025
Our Picks

Princess Eugenie-linked art gallery is charged with breaching Russian sanctions ‘after supplying luxury goods to Moscow-based collector’

November 13, 2025

EU finance ministers wrestle with €140bn Ukraine loan as other options fizzle

November 12, 2025

“No art investing experience? No problem.” Masterworks announced that average investors can buy $20 shares in individual paintings often only owned by the rich. Zachary Small, a New York Times reporter covering the art world, explains why some experts s – facebook.com

November 12, 2025
Latest updates

Art Gallery of Ontario scores major donation, more than 450 pieces including 13 Andy Warhols

November 13, 2025

#CryptoCorner | Meghna Bal, Director of Esya Centre tells Manisha Gupta Due to higher taxes in India, a large percentage of crypto trade has shifted offshore @CoinDCX #CNBCTV18Market #cryptocurrency – LinkedIn

November 13, 2025

There are no decisions without risks

November 13, 2025
Weekly Updates

Cryptocurrency, Zakat, and terror funding

May 8, 2024

Are museums still relevant? Bank Negara Malaysia’s Museum and Art Gallery perseveres despite Covid-19, MCO adversities

March 30, 2024

WISeKey’s Subsidiary, WISe.ART, in Collaboration with GMA, Unveils Innovative Digital Renaissance Initiative in Rome

December 18, 2023
  • Privacy Policy
  • Terms and Conditions
  • Get In Touch
© 2025 Finance Pro

Type above and press Enter to search. Press Esc to cancel.