Message:

<p>[QUOTE=&quot;calcol, post: 26250629, member: 77639&quot;]There is an interesting article in the 23 June issue of Coin World about the RMS Republic salvage efforts.&nbsp; The ship sank in January 1909 off Nantucket Island.&nbsp; The wreck is accessible to modern recovery methods.&nbsp; A company, the pompously named Lords of Treasure, has salvage rights and will begin soon.&nbsp; There was a shipment of U.S. Navy gold on board, but the biggest treasure is 45 tons (yes, tons!) of U.S. $10 gold coins on their way to Russia.</p><p><br /></p><p>So, 45 tons of eagles, and at about ½ ounce each, that’s about 2.9 million eagles.&nbsp; They would have to be dated 1908 or earlier.&nbsp; There would have been plenty minted in the 20th century by 1908 to provide that many.&nbsp; The mintage of the 1901S alone was 2.8 million.&nbsp; Of course, there could be 19th century eagles in the mix.&nbsp;&nbsp; Total value will depend on dates, mints and condition.&nbsp; However, melt alone is about $4 billion!</p><p><br /></p><p>Cal[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in