Comments on: SS Central America Shipwreck Yields Gold Coins and Ingots https://www.coinnews.net/2014/05/12/ss-central-america-shipwreck-yields-gold-coins-and-ingots/ CoinNews delivers the latest World and US coin news Thu, 05 Jun 2014 21:28:20 +0000 hourly 1 https://wordpress.org/?v=7.0 By: TheDrWho https://www.coinnews.net/2014/05/12/ss-central-america-shipwreck-yields-gold-coins-and-ingots/#comment-78337 Thu, 05 Jun 2014 21:28:20 +0000 http://www.coinnews.net/?p=44634#comment-78337 “As for the site itself, there is one thing that I can tell you without any qualification – and that is that anyone who thought that the previous
operations twenty years ago recovered all the gold and valuables from the site was clearly mistaken. Nearly every day of seafloor operations
produces new discoveries and recoveries of gold in a dazzling array of different forms.
Early recovery results are well beyond our expectations. We’ve already recovered over $100,000 in 1857 face value of ingots and other gold
including rare natural nuggets, jewelry and a wide array of different coins. The collection we have recovered to date represents an amazing
cross section of the type of wealth that resulted from the California gold rush, and coupled with the excellent methodical archaeological work
our team is conducting, will contribute a great deal to the historical record.
Based on estimates provided by the independent expert hired by the court-appointed Receiver, this gold recovered to date represents a small
fraction of his best estimate of what remained on the site. Now that we’ve completed recovery of most of the gold and valuable artifacts on the
surface outside the hull structure, we’re starting on the excavation inside the hull itself. Ingots, gold nuggets, dust and coins have been coming
up from this new excavation area daily, so we are off to a great start on this project.”

Above from Odyssey Marine’s annual meeting this week. With a stunning volume of gold recovered in just the first few weeks we can hardly wait to see, and bid on, these rare coins and bars newly rescued from the deep.

]]> By: Pirate https://www.coinnews.net/2014/05/12/ss-central-america-shipwreck-yields-gold-coins-and-ingots/#comment-75323 Thu, 15 May 2014 15:45:36 +0000 http://www.coinnews.net/?p=44634#comment-75323 From Meson Capital’s March report that fully and without question debunked the SS Central America:
After extensive analysis of the SS Central America and the seeded claims of a secret Army gold cache, I conclusively know that no secret cache exists.
1. I spoke with credible deep sea archaeology experts directly involved with the SS Central America case for over two decades and they universally dismissed the notion of a secret Army cache.
2. Tommy Thompson’s best friend and expedition ship mate stated without question: there was never a secret army treasure on board.
3. Multiple Judges and official court documents conclusively dismiss the possibility of a secret cache.
4. Direct source materials from 1857 we obtained also clearly prove there is no secret Army cache.
5. SS Central America estate’s own internal expert analysts show the SS Central America has no Army cache.
6. Eyewitness direct quotes from 1857 of Captain Herndon of SS Central America also clearly demonstrate there is no Army cache.
7. SS Central America tried to both raise their own money to excavate this treasure with their own crew directly experienced on the site and were not successful. They also explored selling the project outright with no success as well.
8. Even if there was anything of value left below, it would have been long ago stolen by other salvors the SS Central America estate knows have been going after the treasure while their insolvency has left the site defenseless and without oversight for over 5 years.
9. Even if an army gold cache existed, it would lead to a repeat of the “Black Swan” fiasco as there is no statute of limitations on government property under maritime law and the shipment would be forfeit like in the “Black Swan” case.
Tommy Thompson’s best friend and expedition ship mate stated without question: there was never a secret army treasure on board the SS Central America.

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