Titanic Artefacts, inc. Paper Money Subject of Court Case

http://news.aol.com/article/titanic-court-case/394523?icid=main|hp-laptop|dl1|link1|http%3A%2F%2Fnews.aol.com%2Farticle%2Ftitanic-court-case%2F394523

 

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I just saw this article on AOL, it's a interesting story. Thanks for posting it.

 

very interesting story... it sank in international waters... isnt the rule whoever finds it .. keeps it??

Folks took alot of time and expense to find, and salvage the ship ... and here we have greedy others trying to take portions of it.

 

Nice, those notes would be a great piece of history to own!

 

Actually the entire case hinges on whether those who salvaged items from the ship legally own them and thus have the right to sell them. I'd hesitate to call them greedy just because they want some reasonable compensation for their efforts. I'd support the idea being proposed that they be allowed to sell the collection to a museum if the provision is made that the collection remain intact and accesible by the public. Everybody wins in that scenario.

On a numismatic note, it's amazing that paper money survived so well after being underwater for 70+ years before being brought up. Leather cases are largely to thank for that. First picture in the article there's some recognizable pieces of US paper money (an 1899 silver certificate is right on top).

 

Troodon, my comments were based on my opinion that those peopel who have spent the time and money to salvage items from international waters do own them. I was saying the other folks who had no part in the salvage operation that are staking claims to it.

i 100% agree that they should be allowed to keep what they find, if only to sell the collection, as a whole, to a museum.

I dont feel its right that the collectionbe 'taken' from them after they salavaged it.

this only represents my opinion

 

OK, sorry for misinterpreting your comments... in that case I fully agree.

It always bugs me when those that invest the time, money, and effort in salvaging artifacts get labelled graverobbers and such and are villified for bringing historical artifacts to light instead of just letting them rot in the ground, as if there's something wrong with that. And why shouldn't they profit from their efforts? There is a difference between ambition and greed after all.

 

very true! that is why when i first mentioned the items being found in international waters... well, i was always under the impression they were for whoever found it. Now take the Odysee that found those items off the cost of England, Spain and several other countries.. those were found in National waters.. so its a different ball game. Im not sure how things play out there, but it is better to have them brought up and cared for then left in the sea to further deteriorate as you said.