Treasure Valuation Committee

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Treasure Valuation Committee
Treasure Valuation Committee Logo.svg
non-departmental public body overview
Formed1997(27 years ago) (1997)
Jurisdiction England and Wales
HeadquartersThe British Museum, Great Russell Street, London
non-departmental public body executive
Parent department Department for Digital, Culture, Media and Sport
Website Official website OOjs UI icon edit-ltr-progressive.svg

The Treasure Valuation Committee (TVC) is an advisory non-departmental public body of the Department for Culture, Media and Sport (DCMS) based in London, which offers expert advice to the government on items of declared treasure in England, Wales, and Northern Ireland that museums there may wish to acquire from the Crown. [1]

Contents

The terms of reference of the TVC are laid down in the Treasure Act 1996 [2] Code of Practice, [3] which also details the principle of reward payments to finders and landowner for finds of Treasure which are acquired by museums. The TVC recommends to the Secretary of State the value of treasure finds which come before it, and also makes recommendations on the allocation of rewards and abatements of rewards where circumstances require. Minutes of its meetings are published on the website of the Portable Antiquities Scheme, [4] after all of the cases discussed therein are concluded. The TVC meets at the British Museum but is independent of the museum.

Members

Members of the Treasure Valuation Committee, June 2018 TVC June 2018 (29165787578).jpg
Members of the Treasure Valuation Committee, June 2018

Members of the committee are appointed by ministers in the DCMS. Terms of service are currently five years in length, with the possibility of renewal for a total length of service of 10 years. Members are not paid for their service.

History and former members

The Treasure Valuation Committee at work. Treasure Valuation committee at work.jpg
The Treasure Valuation Committee at work.

With the commencement of the Treasure Act on 24 September 1997, the Treasure Valuation Committee replaced the earlier Treasure Trove Reviewing Committee. Those who have served on the Treasure Valuation Committee include:

Well-known finds that have been valued by the TVC include the Ringlemere Cup, Vale of York Hoard and the Staffordshire Hoard.

See also

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References

  1. "Treasure Valuation Committee : Directgov - Directories". Archived from the original on 12 June 2011. Retrieved 2 January 2010.
  2. "Treasure Act 1996". www.opsi.gov.uk. Retrieved 25 July 2018.
  3. "Treasure Act 1996: Code of Practice (3rd Revision)" (PDF). finds.org.uk. Department for Culture, Media & Sport. Retrieved 24 July 2024.
  4. "Minutes of the Treasure Valuation Committee".
  5. "The Searcher – Home – The Searcher – Homepage".
  6. "Treasure Valuation Committee appointment Gail Boyle". gov.uk. 19 April 2018. Retrieved 19 April 2018.
  7. Vcoins. "Ancient coin dealer online – C J Martin Coins".
  8. "Dix Noonan Webb: Auctioneers and Valuers of Medals & Militaria, Coins, Ancient Coins, Banknotes, Tokens, Historical & Art Medals and Jewellery".
  9. "Hunters Solicitors – for businesses, private clients & charities".