outdoor
Sea Explorers Recovers Largest Sunken Treasure Ever Discovered
Filed in archive Water Adventures by Terah Shelton on May 21, 2007
Sea Explorers Recovers Largest Sunken Treasure Ever Discovered
This is a little late, but can not be ignored. On Friday, deep sea explorers from the Odyssey Marine Exploration recovered thousands of silver and gold coins believed to be worth an estimated $500 million dollars. Officials are calling it the "richest sunken treasure ever discovered". The coins are expected to fetch up to $1,000 each from collectors. Details about the ship and site were not released due to security concerns.

"For this colonial era, I think (the find) is unprecedented," said rare coin expert Nick Bruyer, who was contracted by Tampa-based Odyssey Marine Exploration to examine a batch of coins from the wreck. "I don't know of anything equal or comparable to it."

Company co-founder Greg Stemm said a formal announcement will come later, but court records indicate the coins might have come from the wreck of a 17th century merchant ship found off southwestern England.

Because the shipwreck was found in an area where many colonial-era vessels went down, the company is still uncertain about its nationality, size and age, Stemm said, although evidence points to a specific known shipwreck.

The site is beyond the territorial waters or legal jurisdiction of any country, he said.

"Rather than a shout of glee, it's more being able to exhale for the first time in a long time," Stemm said of the haul, by far the biggest in Odyssey's 13-year history.

He would not say if the loot was taken from the same wreck site near the English Channel that Odyssey recently petitioned a federal court for permission to salvage.

Source

Permalink: Sea Explorers Recovers Largest Sunken Treasure Ever Discovered
Tags: Odyssey  Marine  Expedition  Largest  Sunken  Treasure  Ever  Discovered  Scuba  Diving  Tampa  Southwestern  En 
Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/71144
img Addthis img Ask img Blinklist img del.icio.us img Digg img Fark img Facebook img Google img Lycos img Ma.gnolia Add this page to Mister Wong Mr Wong img Netscape img Netvousz img Newsvine img Reddit img StumbleUpon img Slashdot img Tailrank img Technorati img Wink img Yahoo

Vote for Sea Explorers Recovers Largest Sunken Treasure Ever Discovered:

  • Currently 9.00/10
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
Rating: 9.00 out of 2 vote(s) cast.
Subscribe
Share It
Popular posts from our other blogs:
RSSrss
See all blog subscribe options
Google google
What is RSS?
Yahoo! yahoo
Addthis Subscribe using any feed reader!
Bloglines Bloglines
Newsletter

TwitterFollow us on Twitter!