1 Meaning of “treasure”.E+W+N.I.
(1)Treasure is—
(a)any object at least 300 years old when found which—
(i)is not a coin but has metallic content of which at least 10 per cent by weight is precious metal;
(ii)when found, is one of at least two coins in the same find which are at least 300 years old at that time and have that percentage of precious metal; or
(iii)when found, is one of at least ten coins in the same find which are at least 300 years old at that time;
(b)any object at least 200 years old when found which belongs to a class designated under section 2(1);
(c)any object which would have been treasure trove if found before the commencement of section 4;
(d)any object which, when found, is part of the same find as—
(i)an object within paragraph (a), (b) or (c) found at the same time or earlier; or
(ii)an object found earlier which would be within paragraph (a) or (b) if it had been found at the same time.
(2)Treasure does not include objects which are—
(a)unworked natural objects, or
(b)minerals as extracted from a natural deposit,
or which belong to a class designated under section 2(2).