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The collection of more than 5,000 Anglo Saxon coins is thought to be more than 1,000 years old - a find described as being of “national importance”. Pete Welch, leader of the Weekend Wanderers Detecting Club, which organised the amateur dig near Aylesbury, Berkshire, said the coins were in “superb condition”.

He added: “They’re like mirrors: no scratching, and buried really carefully in a lead container, deep down. “It looks like only two people have handled these coins: the person who made them and the person who buried them." More than 100 people turned up to take part in the dig just before Christmas and were stunned when the 5,251 coins were found in a lead bucket buried two feet underground.

The collection included coins from the reigns of Ethelred the Unready (978-1016 AD) and Canute, or Cnut (1016-1035 AD). Members of the Weekend Wanderers Detecting Club work to uncover an inredible hoard  Mr Welch said the hoard is equal in importance to the Staffordshire Hoard of gold and garnets found by a metal detectorist in 2009, which is now displayed in the Birmingham Museum and Art Gallery He added: “We don’t know how many variations of the coins there are and when we do we will know how significant the find is.

“This would have been a huge amount of money in its day. One coin alone would have been a lot back then. “Metal detecting is a bit random but most farms have a bit of history so you have a chance of finding something. “Everyone dreams of a pot of gold but the reality is you spend most of your time digging up bits of junk. “I think this was a case of you either move to the right or move to the left and on this case our member moved the right way. “This is the first of its kind since I’ve been running the club, which is 23 years.”

Once the coins were discovered professional archaeologist Ros Tyrrell was called to help excavate them.A Bucks County Museum spokesman described the hoard as “one of the largest hoards of Anglo Saxon coins ever found in Britain”. He added: “When the coins have been properly identified and dated, we may be able to guess at why such a great treasure was buried.” The coins will now be taken to the British Museum for conservation and identification.

Once the coins were discovered professional archaeologist Ros Tyrrell was called to help excavate them.A Bucks County Museum spokesman described the hoard as “one of the largest hoards of Anglo Saxon coins ever found in Britain”. He added: “When the coins have been properly identified and dated, we may be able to guess at why such a great treasure was buried.” The coins will now be taken to the British Museum for conservation and identification.