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The SS Gairsoppa and the Great Silver Treasure

May 16, 2017 in Books, Coins, Collecting, Education, History, News, Numismatica, Numismatics, Opinion, Precious Metals, Ship Wrecks, Silver, Silver Coins, Treasure, Treasure Hunting, World Coins

By: Dennis Tucker (Coin Update News)

In his richly illustrated new book The SS Gairsoppa and the Great Silver Treasure, Q. David Bowers explores the cultural scene and political and military developments that led up to the Second World War. Bowers, one of America’s preeminent historians, starts with the aftermath of the world conflict of 1914 to 1918. He colorfully describes the fabric of life in the United States and international events through the 1920s and 1930s. Then: the eruption of fresh hostilities in 1939 and immersion in a new global war. Ultimately Bowers’s focus is the 1941 maritime loss of a massive shipment of silver,… Full article at the source>

Source: (Coin Update News)

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The Doomed Spanish Treasure Fleet of 1715

August 22, 2015 in Ancient Coins, Antique Coins, Blogs, Coins, Education, Gold, Gold Coins, History, News, Numismatica, Numismatics, Rare Coins, Ship Wrecks, Silver, Silver Coins, Spanish Coins, Treasure, Treasure Hunting, World Coins

By: Libertycoin Liberty Coin and Currency Blog

IMAGE_ 1715 Fleet – Queens Jewels, LLC-2

With a slight breeze riffling the water, twelve ships set sail from Havana. Eleven were bound for Spain, loaded with gold and silver. Among them were the flagship Capitana and Urca de Lima. The twelfth ship was the Griffon, a French merchant vessel that had been detained in port. Afraid that word would leak of the treasure they were carrying—making the Spanish fleet easy prey for pirates—the Spaniards brought the Griffon with them.

It was a calm and sunny day on July 24th, 1715. The fleet sailed for the Gulf Stream, avoiding Florida’s coastal reefs. Five days on, the weather turned. Full article at the source>

Source: Liberty Coin and Currency Blog

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$500M shipwreck treasure given up by U.S. company shown for the first time

November 30, 2012 in Coins, Gold, Gold Coins, Silver, Silver Coins, Spain Coins, Treasure


Madrid — Spanish cultural officials allowed the first peep Friday at some of the 16 tons (14.5 metric tons) of shipwreck treasure worth an estimated $500 million that a U.S. salvage company gave up this year after a five-year ownership dispute.

Only a tiny portion of the haul from the Nuestra Senora de las Mercedes, a galleon that sank off Portugal’s Atlantic coast near the straits of Gibraltar in 1804, was shown to the media: 12 individual silver coins, a block of encrusted silver coins stuck together after centuries underwater, two gold tobacco boxes and a bronze pulley.

Authorities, who have been inventorying the treasure since it was flown from Florida to Spain in February, said it will be transferred later this year from Madrid to the National Museum of Underwater Archaeology in the Mediterranean city of Cartagena. Displays are expected to start next year, with some items put on rotating temporary displays at museums across the country.

Though previous estimates have put the value of the treasure at $500 million, Spanish officials said they weren’t trying to determine an amount because the haul is part of the nation’s cultural heritage and can never be sold under Spanish law.

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