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<p>[QUOTE=&quot;krispy, post: 697299, member: 19065&quot;]I&#039;ve enjoyed following news reports and documentaries of sunken treasures&nbsp; recovered from lost ships for some time so I put together some links that may be of interest to those reading this thread or looking for such stories and legal issues that arise.</p><p><br /></p><p>For collectors, the salvage groups usually aim to sell the treasures to pay for their operations and to make a profit for their effort. It is possible to buy the recovered coins and they are usually TPG graded as well. However, their cost due to conservation, nearly pristine condition (in many instances) and operational costs, grading, limited quantities, etc. make these very pricey or prohibitive for many collectors.</p><p><br /></p><p><a href="http://www.shipwreck.net/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.shipwreck.net/" rel="nofollow">Odyssey Marine Exploration, Inc.</a> has had <u>a lot</u> of success locating wrecks over the years. They&#039;ve gained a lot of experience and authority in undersea salvage operations and the legal battles that have ensued due to the success and nature of/places of contestable salvage operations. A lot of what they have done has challenged and revived old maritime law as well as defined modern maritime legal issues. Odyssey and their lead man, Greg Stemm have to maintain a regular <i>visible</i> PR campaign both for personal protection and public support, so they appear in the mainstream media quite often. If they were too secretive about what they are doing out at sea they&#039;d be at the mercy of pirates (literally) or governments exploiting them (as can be seen in their documentary, linked to below, when detained by the Spanish authorities.) Special interest media such as <a href="http://www.coinnews.net/2009/03/24/odyssey-black-swan-coin-treasure-discovery-to-air/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.coinnews.net/2009/03/24/odyssey-black-swan-coin-treasure-discovery-to-air/" rel="nofollow">Coin News</a> has also featured stories on the Odyssey team&#039;s finds. </p><p><br /></p><p>The wreck(s) disclosed off Alaska that Odyssey is investigating under the name <i>Symphony</i> appeared in a <a href="http://www.goldipedia.gold.org/news/2009/09/11/story/12938/sea_explorers_target_gold_laden_shipwrecks" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.goldipedia.gold.org/news/2009/09/11/story/12938/sea_explorers_target_gold_laden_shipwrecks" rel="nofollow"><i>Goldipedia</i></a> story on 11th of September 2009. </p><p><br /></p><p>In July 2009, Odyssey&#039;s stock price dropped following the passing of a board member but since that time has returned to it&#039;s former range. [Stock: <a href="http://www.marketwatch.com/investing/stock/omex" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.marketwatch.com/investing/stock/omex" rel="nofollow">OMEX</a>]</p><p><br /></p><p>The Discovery Channel often airs Odyssey&#039;s documentary <a href="http://dsc.discovery.com/videos/treasure-quest-the-color-of-money.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://dsc.discovery.com/videos/treasure-quest-the-color-of-money.html" rel="nofollow">Treasure Quest: The Color of Money</a> and the BBC extensively covered updates on Odyssey&#039;s discovery of the <a href="http://news.bbc.co.uk/2/hi/europe/7037192.stm" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://news.bbc.co.uk/2/hi/europe/7037192.stm" rel="nofollow">Black Swann</a> off Gibraltar plus the cat-and-mouse game they played with the Spainish Coast Guard and Customs Officials to secure what they brought back to the surface.</p><p><br /></p><p><br /></p><p>Another interesting sunken treasure discovered by The Columbus-America Discovery Group was the <a href="http://www.shipofgold.com/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.shipofgold.com/" rel="nofollow">SS Central America</a> This ship was lost in 1834 and carried California Gold Rush gold, which at the time was enough to have an impact on the stock market. The gold coins they recovered were in amazing condition. Check out the story at the link above.</p><p><br /></p><p><br /></p><p>One of the richest caches of sunken Spanish galleon treasure, coins, bars, artefacts and so on ever found was the 1622 wreck of the <a href="http://atochastory.com/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://atochastory.com/" rel="nofollow">Atocha</a>, discovered by <a href="http://en.wikipedia.org/wiki/Mel_Fisher" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Mel_Fisher" rel="nofollow">Mel Fisher</a> in 1985.[/QUOTE]</p><p><br /></p>

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