Judge approves sale of treasure recovered from SS Central America

Why shouldn’t we go find where we left our dresms? We should go locate them, dig them up, dust them off and enjoy them again. I bet they are even more besutiful now. You have convinced me to go hunt for mine and collect them all together! Thank you @Kasia.

 

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Here’s some new pics!

 

Looks like my gold with the exception that my gold bars have chocolate in the middle.

 

hey @jwitten get your checkbook ready:

 

" ... steamer that sunk off the Eastern Coast of South Carolina "

I read this post with great interest, and have now determined that I will be launching a treasure hunt off one of South Carolina's other coasts. Who's with me?!?!

 

Podcast done with Bob Evans, Chief scientist on the recovery. This is going to be the biggest unload of fractional gold in U.S history. They also recovered 9000 silver dimes, half dollars and small currecy gold that were in one of the safes in a bag on the wreck and some large cents too!

 

I've been drooling over this one already!

 

I'll sit in the boat and guard the beer while you dive.

 

As for what they will show at the Long Beach Expo next month, see this topic:
https://www.cointalk.com/threads/ne...a-gold-to-go-on-display-at-long-beach.310184/

Christian

 

Thanks just ordered a book. Peace

 

For years the ship was lost, until Thompson located it, staked a claim and began recovery in the late 1980s with a then-revolutionary remotely operated underwater vehicle. He and his crew brought up more than 500 ingots and more than 7,500 gold coins, but then faced years of court battles for the right to keep and sell the treasure, estimated to be worth $100 million to $400 million. Finally, in 2000, he sold his companies’ portion of the treasure to California Gold Group for more than $50 million.

So the treasurer hunter goes out there finds what every body else/country have forgotten about till it is found.This kind of stuff and sorry to offend but is going to make these guys smelt this stuff instead of preserving history.Do we remember this story after two people died in the search if memory serves me right and Odessey did not even get a 10% finders fee again memory?

TAMPA, Fla. - A 17-ton trove of silver coins recovered from a Spanish galleon sunk by British warships on a voyage home from South America in 1804 was set to be flown Friday from the U.S. to Spain, concluding a nearly five-year legal struggle with the Florida deep-sea explorers who found and recovered it.


Spain's ambassador to the United States, Jorge Dezcallar de Mazar, was expected to watch when the two Spanish military C-130s take off from MacDill Air Force Base with 594,000 silver coins and other artifacts aboard, packed into the same white plastic buckets in which they were brought to the U.S. by Tampa, Fla.-based Odyssey Marine Exploration in May 2007.

https://www.cbsnews.com/news/sunken-coins-bound-for-spain-after-legal-battle/

I am happy for investors but I thought under Maritime Law if it goes down in battle it belongs to the original country if by an Act of God it's open game?As in the HMS Edinburgh Wartime went back to England easy peasy but a salvage fee offered.

On the return journey, Edinburgh was carrying 4.5-long-ton (4,570 kg) of gold bullion back to the UK. The consignment, which had a value of about £1.5 million sterling in 1942 (adjusted for inflation to 2018 pounds, £64,157,579), was a partial payment by the USSR for the supplies of war material and military equipment from the Western Allies. In total the ship had 465 gold ingots in 93 wooden boxes stored in the bomb-room just aft of where the first torpedo - fired from U-456 - struck.

https://en.wikipedia.org/wiki/HMS_Edinburgh_(16)

Governments always with a hand out never lifting a finger OK I think I am OK now

 

Where does one go to buy from this lot ?

 

I’m interested! Maybe those will go up for sale...

 

I wish I had "stupid money". I would spend it on stuff like this.

 

If they were in a bag in a safe, I wonder if they had much seawater damage? I absolutely despise coins with the so-called "shipwreck effect" - they are damaged coins, just like coins dug out of the ground with environmental damage. However, for some reason, people go crazy over them.

However, if they were in a bag in a safe, they may have been somewhat protected, especially the ones in the center of the bag. I could get excited for those if they don't have seawater damage.

 

Depends on the price. If I see one with only mild shipwreck effect and decent price, I might buy it for the history.