Editor’s Note: This article was originally published by The Art Newspaper, an editorial partner of CNN Style.

CNN  — 

The discovery of a rare gold coin on the south coast of Newfoundland, Canada, may challenge traditional historical narratives about the timing of European contact in the region, as it predates explorer John Cabot’s arrival on the island by at least 70 years.

In a press release last week, the Government of Newfoundland and Labrador said that the English coin was found during the summer of 2022 by Edward Hynes, a local amateur historian, who reported it to officials as required under the province’s Historic Resources Act. The 600-year-old coin predates the first documented European contact with North America since the Vikings, in a region with a 9,000-year-old history of human settlement and rich Indigenous traditions.

After consultation with Paul Berry, a former curator of the Bank of Canada’s Currency Museum, the coin was identified as a Henry VI quarter noble, minted in London between 1422 and 1427. In the 1400s, the coin would have represented a significant sum of money, valued at 1 shilling 8 pence, or around 81 Canadian dollars ($61) today.

Prior to this discovery, a coin minted in the 1490s and found in 2021 at the province’s Cupids Cove Plantation Provincial Historic Site was considered the oldest English coin ever found in Canada.

As Berry says that the coin was likely out of circulation when it was lost, there is much speculation about exactly how the gold quarter noble coin made its way to Newfoundland and Labrador. The precise location of the discovery is being kept secret to discourage treasure hunters.

Both sides of the coin, which is pictured next to a modern-day Canadian quarter for scale.

In an interview with the CBC, provincial archaeologist Jamie Brake — who says that after ongoing study is complete the coin will likely be put on public display at The Rooms museum in the provincial capital of St. John’s — commented on the significance of the find. “Between England and here, people over there were not yet aware of Newfoundland or North America at the time that this was minted,” he said.

The discovery of the coin underscores the intriguing archaeological record in Newfoundland and Labrador, Canada’s easternmost province. Stories of Viking arrival are contained in Icelandic sagas, citing visits by Leif Erikson over 1,000 years ago, and archaeological evidence of a Norse settlement, which was found in L’Anse aux Meadows, Newfoundland, and declared a Unesco World Heritage site in 1978.

Other unconfirmed accounts of European contact include tales from England’s Channel Islands about a ship being blown off course in the late 15th century into a strange land full of fish; historical Portuguese maps depicting Terra do Bacalhau (or, the land of codfish); and the “Voyage of Saint Brendan,” a legendary account of an early 6th-century sea voyage by an Irish abbot.

In 1583, Newfoundland became England’s first possession in North America and the establishment of fishing operations on the outer coastline of the island cut off access to traditional food sources for the indigenous population.

“There’s been some knowledge of a pre-16th century European presence here for a while, you know, excluding Norse and so on,” Brake told CBC. “The possibility of perhaps a pre-16th century occupation would be pretty amazing and highly significant in this part of the world.”