Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

1,000 ounces of gold recovered from sunken ship
Yahoo Finance ^

Posted on 05/06/2014 2:59:37 AM PDT by Red in Blue PA

CHARLESTON, S.C. (AP) — An expedition to bring back the remaining gold from a steamship that sank in 1857 off South Carolina in one of the nation's worst maritime disasters has recovered almost 1,000 ounces of gold - the first gold recovered from the wreck in almost a quarter century.

The S.S. Central America was bringing gold back from the California when it sank in a hurricane claiming 425 lives. In addition, thousands of pounds of gold went to the bottom aboard the 280-foot, side-wheel steamship.

About $50 million was recovered during expeditions to the wreck in the late 1980s and early 1990s before legal disputes shut down the operation.

Odyssey Marine Exploration of Tampa, Florida, announced Monday that almost 1,000 ounces of the gold was recovered during a reconnaissance dive last month.

The newly recovered gold includes five gold bars and two $20 Double Eagle gold coins. One of the coins was minted in San Francisco the year that the Central America sank. The gold bars weigh between 106 and 344 ounces.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: News/Current Events
KEYWORDS:

1 posted on 05/06/2014 2:59:37 AM PDT by Red in Blue PA
[ Post Reply | Private Reply | View Replies]

To: Red in Blue PA; upchuck; SC Swamp Fox

** SC Ping **

Thar be gold! Arrrr!


2 posted on 05/06/2014 3:38:10 AM PDT by NonLinear (Giving money and power to government is like giving whiskey and car keys to teenage boys.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SunkenCiv

*ping of interest*


3 posted on 05/06/2014 3:46:26 AM PDT by fieldmarshaldj (Resist We Much)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Red in Blue PA

That is cursed gold. I wouldn’t touch it.

Let’s see what happens to those who took it.


4 posted on 05/06/2014 3:50:15 AM PDT by Justa
[ Post Reply | Private Reply | To 1 | View Replies]

To: Red in Blue PA

Any Freeper firearms recovered?


5 posted on 05/06/2014 3:56:12 AM PDT by CrazyIvan (Obama phones= Bread and circuits.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: CrazyIvan

Undoubtedly. We know of so many testimonials of their being thrown in waters.


6 posted on 05/06/2014 4:09:15 AM PDT by OldPossum ("It's" is the contraction of "it" and "is"; think about ITS implications.)
[ Post Reply | Private Reply | To 5 | View Replies]

To: CrazyIvan

Well, gulf stream does flow south to north so mine could be there.


7 posted on 05/06/2014 4:24:27 AM PDT by Mouton (The insurrection laws perpetuate what we have for a government now.)
[ Post Reply | Private Reply | To 5 | View Replies]

To: Red in Blue PA

1000 ounces aint much for a shipment...

MethInks there may be some clever book keeping being done to thwart the govmints taking the lions share

Good for them

T


8 posted on 05/06/2014 4:37:12 AM PDT by teeman8r (Armageddon won't be pretty, but it's not like it's the end of the world.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Red in Blue PA

Hang on - isn’t this THE gold wreck - containing the vast majority of the gold dug up during the gold rush?


9 posted on 05/06/2014 4:37:30 AM PDT by agere_contra (I once saw a movie where only the police and military had guns. It was called 'Schindler's List'.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: agere_contra

NO.. It’s only 1000 ounces of gold. It was, um, a rowboat. /wink /nod


10 posted on 05/06/2014 4:41:32 AM PDT by MaxMax (Pay Attention and you'll be pissed off too! FIRE BOEHNER, NOW!)
[ Post Reply | Private Reply | To 9 | View Replies]

To: agere_contra

https://en.wikipedia.org/wiki/SS_Central_America


11 posted on 05/06/2014 4:41:56 AM PDT by fieldmarshaldj (Resist We Much)
[ Post Reply | Private Reply | To 9 | View Replies]

To: teeman8r

1000 oz is what they recovered with a single dive mission.

There’s about 14 tons down on that wreck. And as you say, good luck to them!


12 posted on 05/06/2014 4:43:39 AM PDT by agere_contra (I once saw a movie where only the police and military had guns. It was called 'Schindler's List'.)
[ Post Reply | Private Reply | To 8 | View Replies]

To: Red in Blue PA

The first parts of this story (the shipwreck, location, and recovery of the first part of the gold were told in a wonderful book: “Ship of Gold in the Deep Blue Sea” which I recommend to any Freeper.

One of the best books I’ve ever read.

I’m waiting for the next book, about how the leader cheated his investors, and why no more efforts to recover were made until now.


13 posted on 05/06/2014 6:17:14 AM PDT by Freeping Since 2001
[ Post Reply | Private Reply | To 1 | View Replies]

To: OldPossum

Nobody “throws” their firearms in the water...

It’s just those darn canoes are so “tippy”.


14 posted on 05/06/2014 6:18:32 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
[ Post Reply | Private Reply | To 6 | View Replies]

To: OldPossum
Undoubtedly. We know of so many testimonials of their being thrown in waters.

That's way to shallow to find mine.

15 posted on 05/06/2014 7:04:36 AM PDT by VRWCarea51
[ Post Reply | Private Reply | To 6 | View Replies]

To: MrB
Nobody “throws” their firearms in the water... It’s just those darn canoes are so “tippy”.

It was the rogue wave that got mine...

16 posted on 05/06/2014 7:06:36 AM PDT by VRWCarea51
[ Post Reply | Private Reply | To 14 | View Replies]

To: MrB

You’re right, I forgot the expression, “accidental loss.”


17 posted on 05/06/2014 9:21:43 AM PDT by OldPossum ("It's" is the contraction of "it" and "is"; think about ITS implications.)
[ Post Reply | Private Reply | To 14 | View Replies]

To: NonLinear; 2A Patriot; 2nd amendment mama; 4everontheRight; 77Jimmy; A Strict Constructionist; ...
Remember, as they say in the ads, "Gold has never been worth zero." LOL!

South Carolina Ping
Send FReepmail to join or leave this list.

Keep up with what our Congresscritters (House and Senate) are doing. Sign up for the free MegaVote email service here.

18 posted on 05/06/2014 9:23:43 AM PDT by upchuck (Support ABLE, the Anybody But Lindsey Effort. Yes, we are the ABLE!!)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Red in Blue PA

We know what’s next. Odyssey Marine Exploration “Spring”.


19 posted on 05/06/2014 9:31:23 AM PDT by Stentor (Maybe the Goldman Sachs thing is just a coincidence. /S)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Freeping Since 2001
One of the best books I’ve ever read.

Seconded. They had a problem and they solved it. The lawyers took over later.

20 posted on 05/06/2014 9:34:28 AM PDT by Stentor (Maybe the Goldman Sachs thing is just a coincidence. /S)
[ Post Reply | Private Reply | To 13 | View Replies]

To: Red in Blue PA
...legal disputes shut down the operation.

What ever happened to anchor, shovel and shut up?

21 posted on 05/06/2014 10:49:47 AM PDT by JimRed (Excise the cancer before it kills us; feed & water the Tree of Liberty! TERM LIMITS NOW & FOREVER!)
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson