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Judge approves sale of treasure recovered from SS Central America
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<p>[QUOTE="KevinM, post: 2981348, member: 83484"]<span style="color: #4d4dff">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</span>.</p><p><br /></p><p>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?</p><p><br /></p><p><span style="color: #4d4dff">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.</span></p><p><span style="color: #4d4dff"><br /></span></p><p><span style="color: #4d4dff"> </span></p><p><span style="color: #4d4dff">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.</span></p><p><span style="color: #4d4dff"><br /></span></p><p><span style="color: #4d4dff"><span style="color: #ff0000"><a href="https://www.cbsnews.com/news/sunken-coins-bound-for-spain-after-legal-battle/" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.cbsnews.com/news/sunken-coins-bound-for-spain-after-legal-battle/" rel="nofollow">https://www.cbsnews.com/news/sunken-coins-bound-for-spain-after-legal-battle/</a></span></span></p><p><br /></p><p><span style="color: #000000">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.</span></p><p><span style="color: #000000"><br /></span></p><p><span style="color: #000000"><span style="color: #4d4dff">On the return journey, <i>Edinburgh</i> was carrying 4.5-long-ton (4,570 kg) of <a href="https://en.wikipedia.org/wiki/Gold" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Gold" rel="nofollow">gold</a> <a href="https://en.wikipedia.org/wiki/Bullion" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Bullion" rel="nofollow">bullion</a> 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 <a href="https://en.wikipedia.org/wiki/Soviet_Union" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Soviet_Union" rel="nofollow">USSR</a> 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 <i>U-456</i> - struck.</span></span></p><p><br /></p><p><span style="color: #000000"><a href="https://en.wikipedia.org/wiki/HMS_Edinburgh_%2816%29" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/HMS_Edinburgh_%2816%29" rel="nofollow">https://en.wikipedia.org/wiki/HMS_Edinburgh_(16)</a></span></p><p><span style="color: #000000"><br /></span></p><p><span style="color: #000000">Governments always with a hand out never lifting a finger OK I think I am OK now <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie42" alt=":doctor:" unselectable="on" unselectable="on" /></span></p><p><span style="color: #000000"><br /></span></p><p>[/QUOTE]</p><p><br /></p>
[QUOTE="KevinM, post: 2981348, member: 83484"][COLOR=#4d4dff]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[/COLOR]. 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? [COLOR=#4d4dff]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. [COLOR=#ff0000][url]https://www.cbsnews.com/news/sunken-coins-bound-for-spain-after-legal-battle/[/url][/COLOR][/COLOR] [COLOR=#4d4dff][COLOR=#ff0000][/COLOR][/COLOR] [COLOR=#000000]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. [COLOR=#4d4dff]On the return journey, [I]Edinburgh[/I] was carrying 4.5-long-ton (4,570 kg) of [URL='https://en.wikipedia.org/wiki/Gold']gold[/URL] [URL='https://en.wikipedia.org/wiki/Bullion']bullion[/URL] 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 [URL='https://en.wikipedia.org/wiki/Soviet_Union']USSR[/URL] 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 [I]U-456[/I] - struck.[/COLOR][/COLOR] [COLOR=#000000][COLOR=#4d4dff][/COLOR][/COLOR] [COLOR=#000000][url]https://en.wikipedia.org/wiki/HMS_Edinburgh_%2816%29[/url] Governments always with a hand out never lifting a finger OK I think I am OK now :doctor: [/COLOR] [COLOR=#4d4dff][/COLOR][/QUOTE]
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Judge approves sale of treasure recovered from SS Central America
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