Be careful buying shipwreck gold or other precious metals

CaptHenway

Gold bars sunk in 1740's and brought up in 1970's seized from U.S. auction and given to France.

https://abcnews-mirrored.com/2022/03/03/gold-bars-stolen-from-1746-shipwreck-returned-to-france-from-the-us-after-decades-long-investigation/

LukeMarshall

seven artifacts returned to france including 5 gold bars , a gold coin and a human skull.

My first thought went back to Tommy Thompson, and the SS central America. Tommy was the lead man who defrauded investors by keeping a large portion of the recovered Treasure.

Tommy is still sitting in Jail last I heard with a stipulation that if he tells where he hid the loot, they;ll let him out. its been 7 years...

JimTyler

Hunting these artifacts since the early 80’s ??? Who pays their wages ?

ricko

Seems ridiculous after over 200 years that it could still be claimed. Cheers, RickO

metalmeister

@ricko said:
Seems ridiculous after over 200 years that it could still be claimed. Cheers, RickO

I was thinking the same thing.

Showmetheway

Uh oh... I have a 'shipwreck coin' but so far no claims have been made... Can't imagine how many other people would be indicted if said coins were traceable?

JWP

No problem, they all were buried on Oak Island before the ships were wrecked.

Jzyskowski1

Does this mean my Admiral Gardner is “illegal 🤨”. And may need to be repatriated?😸. How about my $5 ?🙀

BeeMan

Why do people who find stashes of coins or sunken treasure insist on going to the press? I wouldn't tell anybody.

pmh1nic

@BeeMan said:
Why do people who find stashes of coins or sunken treasure insist on going to the press? I wouldn't tell anybody.

If all of a sudden a bunch of raw 1850's double eagles show up at PCGS with obvious indications that they have been exposed to salt water for a long time someone is going to start asking questions.