Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Shipwreck effect
>
Reply to Thread
Message:
<p>[QUOTE="Garlicus, post: 2504142, member: 73190"]Probably the same story as with the Republic:</p><p><br /></p><p>The <i>Republic</i> left New York on October 18, bound for New Orleans. According to her captain, she was carrying passengers and a cargo of $400,000 in coins, mostly in gold $10 and $20 pieces, intended for use as hard <a href="https://en.wikipedia.org/wiki/Currency" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Currency" rel="nofollow">currency</a> after the Civil War. The city of New Orleans, captured largely intact by the Union in 1862, had been the southern hub of Federal war efforts and was a thriving, busy city - but due to war, "hard money" (or gold and silver coin) was in very short supply.</p><p>On the fifth day of her voyage, a hurricane off the coast of <a href="https://en.wikipedia.org/wiki/Georgia_(U.S._state)" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Georgia_(U.S._state)" rel="nofollow">Georgia</a> proved too strong for the ship. By evening, her hull was leaking so badly that the fire in the boiler was extinguished, and she stalled in heavy seas, taking on water faster than her crew and passengers could bail her. At 4 pm on October 25, 1865, she sank. The passengers and crew escaped in four <a href="https://en.wikipedia.org/wiki/Lifeboat_(shipboard)" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Lifeboat_(shipboard)" rel="nofollow">lifeboats</a> and a makeshift raft, but 40-foot seas throughout the night made keeping them afloat a serious challenge. It was not until two days later, on October 27 that the survivors, now desperate with thirst, were found by the sailing ship <i>Horace Beals</i>. On October 29, the steamer <i>General Hooker</i> had been sent to look for the <i>Republic</i>, and rendezvoused with <i>Horace Beals</i>. The passengers were transferred and taken to Charleston. Most of the passengers and crew survived, although several were lost on the raft before they could be rescued. All the coins were lost.</p><p><font size="4"><b>Rediscovery[<a href="https://en.wikipedia.org/w/index.php?title=SS_Republic_(1853)&action=edit&section=5" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/w/index.php?title=SS_Republic_(1853)&action=edit&section=5" rel="nofollow">edit</a>]</b></font></p><p>In August 2003, the wreck of the <i>Republic</i> was located by <a href="https://en.wikipedia.org/wiki/Odyssey_Marine_Exploration" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Odyssey_Marine_Exploration" rel="nofollow">Odyssey Marine Exploration</a>, Inc., a commercial <a href="https://en.wikipedia.org/wiki/Archaeology" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Archaeology" rel="nofollow">archaeology</a> company in <a href="https://en.wikipedia.org/wiki/Tampa,_Florida" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Tampa,_Florida" rel="nofollow">Tampa, Florida</a>. She was found about 100 miles (160 km) southeast of <a href="https://en.wikipedia.org/wiki/Savannah,_Georgia" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Savannah,_Georgia" rel="nofollow">Savannah, Georgia</a>, in about 1,700 feet (500 meters) of water. A salvage effort recovered about one-third of the rare 19th century gold and silver coins carried aboard, worth an estimated $75 million. Most of the hull of the ship is now gone, but the rudder, parts of the paddle wheel and the steam engine are still present. The search and recovery effort was depicted in a <a href="https://en.wikipedia.org/wiki/National_Geographic_Society" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/National_Geographic_Society" rel="nofollow">National Geographic Society</a> TV documentary <i>Civil War Gold</i>.<a href="https://en.wikipedia.org/wiki/SS_Republic_(1853)#cite_note-NGeo-2" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/SS_Republic_(1853)#cite_note-NGeo-2" rel="nofollow">[2]</a></p><p>Many artifacts, from the 14,000 salvaged, plus silver coins from the 51,000 coins collected, are on display in selected museums.<a href="https://en.wikipedia.org/wiki/SS_Republic_(1853)#cite_note-OS-1" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/SS_Republic_(1853)#cite_note-OS-1" rel="nofollow">[1]</a><a href="https://en.wikipedia.org/wiki/SS_Republic_(1853)#cite_note-MSN-3" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/SS_Republic_(1853)#cite_note-MSN-3" rel="nofollow">[3]</a> Artifacts have been on display in <a href="https://en.wikipedia.org/wiki/Tampa,_FL" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Tampa,_FL" rel="nofollow">Tampa</a>, <a href="https://en.wikipedia.org/wiki/New_Orleans" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/New_Orleans" rel="nofollow">New Orleans</a>, <a href="https://en.wikipedia.org/wiki/Detroit,_MI" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Detroit,_MI" rel="nofollow">Detroit</a>, <a href="https://en.wikipedia.org/wiki/Elberta,_AL" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Elberta,_AL" rel="nofollow">Elberta</a>, <a href="https://en.wikipedia.org/wiki/Hot_Springs,_Arkansas" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Hot_Springs,_Arkansas" rel="nofollow">Hot Springs</a>, and <a href="https://en.wikipedia.org/wiki/Oklahoma_City,_OK" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Oklahoma_City,_OK" rel="nofollow">Oklahoma City</a>.<a href="https://en.wikipedia.org/wiki/SS_Republic_(1853)#cite_note-MSN-3" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/SS_Republic_(1853)#cite_note-MSN-3" rel="nofollow">[3]</a> The displays also present video stories about passengers and crew members, and where they moved years after the wreck.<a href="https://en.wikipedia.org/wiki/SS_Republic_(1853)#cite_note-OS-1" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/SS_Republic_(1853)#cite_note-OS-1" rel="nofollow">[1]</a> <a href="https://en.wikipedia.org/wiki/SS_Republic_(1853)#cite_note-MSN-3" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/SS_Republic_(1853)#cite_note-MSN-3" rel="nofollow">[3]</a> Lifeboats had been found and rescued at different times.</p><p><i>SS Republic</i> is currently the subject of a lawsuit over the gold recovery, as <a href="https://en.wikipedia.org/wiki/E._Lee_Spence" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/E._Lee_Spence" rel="nofollow">E. Lee Spence</a> claims in a lawsuit that Odyssey Marine used his information in their efforts to locate the wreck. A judge in <a href="https://en.wikipedia.org/wiki/South_Carolina" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/South_Carolina" rel="nofollow">South Carolina</a> has ruled that the case may proceed in that state, reversing his own earlier decision.[<i><a href="https://en.wikipedia.org/wiki/Wikipedia:Link_rot" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Wikipedia:Link_rot" rel="nofollow">dead </a></i>[/QUOTE]</p><p><br /></p>
[QUOTE="Garlicus, post: 2504142, member: 73190"]Probably the same story as with the Republic: The [I]Republic[/I] left New York on October 18, bound for New Orleans. According to her captain, she was carrying passengers and a cargo of $400,000 in coins, mostly in gold $10 and $20 pieces, intended for use as hard [URL='https://en.wikipedia.org/wiki/Currency']currency[/URL] after the Civil War. The city of New Orleans, captured largely intact by the Union in 1862, had been the southern hub of Federal war efforts and was a thriving, busy city - but due to war, "hard money" (or gold and silver coin) was in very short supply. On the fifth day of her voyage, a hurricane off the coast of [URL='https://en.wikipedia.org/wiki/Georgia_(U.S._state)']Georgia[/URL] proved too strong for the ship. By evening, her hull was leaking so badly that the fire in the boiler was extinguished, and she stalled in heavy seas, taking on water faster than her crew and passengers could bail her. At 4 pm on October 25, 1865, she sank. The passengers and crew escaped in four [URL='https://en.wikipedia.org/wiki/Lifeboat_(shipboard)']lifeboats[/URL] and a makeshift raft, but 40-foot seas throughout the night made keeping them afloat a serious challenge. It was not until two days later, on October 27 that the survivors, now desperate with thirst, were found by the sailing ship [I]Horace Beals[/I]. On October 29, the steamer [I]General Hooker[/I] had been sent to look for the [I]Republic[/I], and rendezvoused with [I]Horace Beals[/I]. The passengers were transferred and taken to Charleston. Most of the passengers and crew survived, although several were lost on the raft before they could be rescued. All the coins were lost. [SIZE=4][B]Rediscovery[[URL='https://en.wikipedia.org/w/index.php?title=SS_Republic_(1853)&action=edit§ion=5']edit[/URL]][/B][/SIZE] In August 2003, the wreck of the [I]Republic[/I] was located by [URL='https://en.wikipedia.org/wiki/Odyssey_Marine_Exploration']Odyssey Marine Exploration[/URL], Inc., a commercial [URL='https://en.wikipedia.org/wiki/Archaeology']archaeology[/URL] company in [URL='https://en.wikipedia.org/wiki/Tampa,_Florida']Tampa, Florida[/URL]. She was found about 100 miles (160 km) southeast of [URL='https://en.wikipedia.org/wiki/Savannah,_Georgia']Savannah, Georgia[/URL], in about 1,700 feet (500 meters) of water. A salvage effort recovered about one-third of the rare 19th century gold and silver coins carried aboard, worth an estimated $75 million. Most of the hull of the ship is now gone, but the rudder, parts of the paddle wheel and the steam engine are still present. The search and recovery effort was depicted in a [URL='https://en.wikipedia.org/wiki/National_Geographic_Society']National Geographic Society[/URL] TV documentary [I]Civil War Gold[/I].[URL='https://en.wikipedia.org/wiki/SS_Republic_(1853)#cite_note-NGeo-2'][2][/URL] Many artifacts, from the 14,000 salvaged, plus silver coins from the 51,000 coins collected, are on display in selected museums.[URL='https://en.wikipedia.org/wiki/SS_Republic_(1853)#cite_note-OS-1'][1][/URL][URL='https://en.wikipedia.org/wiki/SS_Republic_(1853)#cite_note-MSN-3'][3][/URL] Artifacts have been on display in [URL='https://en.wikipedia.org/wiki/Tampa,_FL']Tampa[/URL], [URL='https://en.wikipedia.org/wiki/New_Orleans']New Orleans[/URL], [URL='https://en.wikipedia.org/wiki/Detroit,_MI']Detroit[/URL], [URL='https://en.wikipedia.org/wiki/Elberta,_AL']Elberta[/URL], [URL='https://en.wikipedia.org/wiki/Hot_Springs,_Arkansas']Hot Springs[/URL], and [URL='https://en.wikipedia.org/wiki/Oklahoma_City,_OK']Oklahoma City[/URL].[URL='https://en.wikipedia.org/wiki/SS_Republic_(1853)#cite_note-MSN-3'][3][/URL] The displays also present video stories about passengers and crew members, and where they moved years after the wreck.[URL='https://en.wikipedia.org/wiki/SS_Republic_(1853)#cite_note-OS-1'][1][/URL] [URL='https://en.wikipedia.org/wiki/SS_Republic_(1853)#cite_note-MSN-3'][3][/URL] Lifeboats had been found and rescued at different times. [I]SS Republic[/I] is currently the subject of a lawsuit over the gold recovery, as [URL='https://en.wikipedia.org/wiki/E._Lee_Spence']E. Lee Spence[/URL] claims in a lawsuit that Odyssey Marine used his information in their efforts to locate the wreck. A judge in [URL='https://en.wikipedia.org/wiki/South_Carolina']South Carolina[/URL] has ruled that the case may proceed in that state, reversing his own earlier decision.[[I][URL='https://en.wikipedia.org/wiki/Wikipedia:Link_rot']dead [/URL][/I][/QUOTE]
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
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Shipwreck effect
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...