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Gold Trove Found at Israel Castle Reveals Crusaders’ Forex Moves

Gold coins discovered last month in an ancient crusader castle that lies in what is now Israel provide surprising information on how economic transactions were made about 1,000 years ago.

“The scientific value is unprecedented,” Oren Tal, director of the excavation and chairman of Tel Aviv University’s Department of Archaeology and Ancient Near Eastern Cultures, said in an e-mailed statement. Crusaders “were not afraid to use older coins to complete large transactions and run large-scale businesses,” he added.