Shipwreck Could Yield $500 Million.

petem · Post by **petem** » Fri May 18, 2007 1:49 pm

Silver & Gold coins thought to be from 400 year old wreck.

Thanks to Mark Kent for this link
Click here for more

Click here to register with PAS · Post by **PhilD** » Fri May 18, 2007 2:15 pm

Awsome find!, thanks Pete and Mark

Post by **Baldric** » Fri May 18, 2007 3:15 pm

Thieving so and so's nicking our artifacts from the Channel.

m300572 · Post by **m300572** » Fri May 18, 2007 3:34 pm

Thieving so and so's nicking our artifacts from the Channel.

Well if its a British registered ship the contents belong to the heirs of the owners if they can be traced. If they can't then it belongs to the government, hence the split between the salvors and the government. I hope they do the archaeology properly, ships are a really good source of information as they contain a lot of closely dated materials (like the Mary Rose although not many are THAT good).

I'd also wonder about their estimates of the value of the bullion - they'll flood the market and prices will drop as they have with a lot of coin types.

Dean (Whitby) · Post by **Dean (Whitby)** » Fri May 18, 2007 3:37 pm

Well Baldric..you could have done the research..invested the money and found it...we hear about the great finds..wonder how many times they spend money and find nothing.

Dean

Linnet44 · Post by **Linnet44** » Fri May 18, 2007 4:43 pm

i think if you follow the link that petem put up it does say that they recorded all aspects of the find
and as for flooding the market i think they are a bit wise to that and mentioned something about it
just think if there is ships like that in the sea what is still left in the ground for us plenty
and yes good item pete and mark

garylq · Post by **garylq** » Sat May 19, 2007 12:52 am

Now thats what I call a hoard!

Linnet44 · Post by **Linnet44** » Sat May 19, 2007 7:40 am

yes but just thnk if you found that on land
"all that digging you'll have to do"
tiring :lol: :lol:

Post by **petethedig** » Sat May 19, 2007 8:14 am

Made it onto th main news this morning on the Beeb, bloomin loads of um!

Post by **marcsdigs** » Sat May 19, 2007 8:25 am

Something to look forward too in my later years.......but on land

well, it is on my wish list

Steve-B · Post by **Steve-B** » Sat May 19, 2007 8:52 am

Exciting find, I note on Britarch that a certain person has already managed to equate Odessy with ebay selling 'UK artefact hunters'

Post by **flipperbrownsnout** » Sun May 20, 2007 9:11 am

my mate was telling me aout this one yesterday, a real interesting story...........I do like a good shipwreck story

Post by **flipperbrownsnout** » Sun May 20, 2007 9:15 am

do our government have a cliam on any goodies, heard it was 40 miles out

Post by **flipperbrownsnout** » Sun May 20, 2007 9:18 am

Golden treasure trove worth Â£250m found off coast of CornwallHelen Nugent
Gold and silver coins with an estimated value of more than Â£250 million are thought to have been found off the Isles of Scilly.

The salvage company Odyssey Marine Exploration said yesterday that it believed that the 17 tonnes of coins from a shipwreck, 500,000 in all, were each worth an average of $1,000 (Â£506)

â€œFor this colonial era, I think [the find] is unprecedented,â€

Post by **simonthesearcher** » Sun May 20, 2007 10:46 am

I could have found that with my SE