The £21.8 million regeneration project by Maylim is relocating the bust of Paxton to the Italian Terraces, and the Crystal Palace Park Trust celebrated the victory on social media.
"What just happened? The park's time capsule prophecy came true," stated the Crystal Palace Park Trust.
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The discovery was made by a Romanian contractor who noted a personal connection to the holiday theme of the message.
"I'm Romanian and Craciun in Romanian actually means Christmas - isn't that crazy?" said Craciun Marius Dorin, contractor.
The original note from 1964 provided specific instructions for the finder regarding the monetary value of the enclosed four shillings and two half crowns.
"These coins were planted in the year that 'Santa Claus' won the Derby.
When unearthed, the monetary value should be laid on a horse in the Derby who's name can be in some way be associated with 'Santa Claus'.
(And the best of British luck). P.
Wright Paterson," wrote P. Wright Paterson in the note.
Bromley Mayor Christine Harris also followed the tip by placing a £15 wager on the Aidan O'Brien-trained horse, which was ridden by jockey Ronan Whelan.
The mayor pledged all her winnings to local organizations, including Madlani Cancer Support and the Dyslexia Association of Bexley, Bromley, Greenwich and Lewisham.
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The historical artifacts, equivalent to about £10 today, are scheduled to go on display at the Crystal Palace Museum.
