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17th-Century Shipwreck Yields $500 Million in Coins


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Deep-sea explorers said Friday they have mined what could be the richest shipwreck treasure in history, bringing home 17 tons of colonial-era silver and gold coins from an undisclosed site in the Atlantic Ocean. Estimated value: $500 million.

 

A jet chartered by Tampa-based Odyssey Marine Exploration landed in the United States recently with hundreds of plastic containers brimming with coins raised from the ocean floor, Odyssey co-chairman Greg Stemm said. The more than 500,000 pieces are expected to fetch an average of $1,000 each from collectors and investors.

 

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  • 2 months later...

Ah, the gold fever. I notice that there are lots of news about the finding of gold in this section. The discover of gold in itself is not relevant for the archaeologists; what for them matters is the historical information that can be obtained from it.

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