The trove, weighing approximately six kilograms, contains thousands of silver coins, rings, pendants, and beads believed to date from the 12th century.

The finder promptly reported the discovery to the Stockholm County Administrative Board, which has begun an archaeological excavation. Experts describe the hoard as unusually large and well-preserved. “This is likely one of the largest silver hoards from the early Middle Ages ever found in Sweden,” stated Sofia Andersson, an antiquarian at the board, who estimated there could be as many as twenty thousand coins.

Preliminary analysis shows many coins were minted during the reign of King Knut Eriksson (1173-c.1195), bearing his Latin name, “KANUTUS.” The collection also includes several rare “bishop’s coins,” struck under ecclesiastical authority, adding to its historical significance.

Archaeologists theorise the treasure was buried for safekeeping during a period of unrest, decades before the city of Stockholm was founded in 1252. The site and its contents are now being documented and analysed, with the exact location remaining confidential. The Swedish National Heritage Board will decide if the state will acquire the treasure, for which the finder, who was praised for his honesty, would receive a reward.