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Midweek metalPORN! If you didn't see the news about the Gairsoppa

WeissWeiss Posts: 9,935 ✭✭✭✭✭
in Precious Metals
Odyssey Marine has recovered millions of dollars of silver from the SS Gairsoppa, a British cargo steamship sunk by the Germans in 1941. They arranged with the UK government to keep 80% of the silver and give the Brits 20%.

They posted some pretty amazing pictures of the wreck and the loot:

image

image

Link to full Odyssey website
We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
--Severian the Lame

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    SpoolySpooly Posts: 2,107 ✭✭✭
    awesome
    Si vis pacem, para bellum

    In God We Trust.... all others pay in Gold and Silver!
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    CCC2010CCC2010 Posts: 1,987 ✭✭✭
    image
    References:Coinsarefun,DerryB,Bloodman,Zubie,Gerard,Skyman,Bestclser1,Lakesammman,Yellowkid,PerryHall,Piecesofme,HTubbs,grote15
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    NumbersUsacomNumbersUsacom Posts: 1,457 ✭
    If they found a skeleton clutching a Silver Ingot in his hand it's a cousin of Charleton Heston "From my Cold Dead Hand"
    NumbersUsa, FairUs, Alipac, CapsWeb, and TeamAmericaPac
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    LukeMarshallLukeMarshall Posts: 1,914 ✭✭✭✭✭
    Very nice shot!

    It's all about what the people want...

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    piecesofmepiecesofme Posts: 6,669 ✭✭✭
    The value of silver just went down some more due to more supply image
    To forgive is to free a prisoner, and to discover that prisoner was you.
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    guitarwesguitarwes Posts: 9,240 ✭✭✭
    I wonder if they will value this silver with a "collector value" added on and not just melt or melt + $1-2? Much like the silver found at the SS Central America wreck.

    Cool find. Glad the Brits were sensible in making a deal (unlike the other punks recently in the news).

    About 7,000,000 oz. of silver is estimated to be down there. A cool $168,000,000 is Odyssey's part if all recovered at a sell price of $30/oz. Wow.
    @ Elite CNC Routing & Woodworks on Facebook. Check out my work.
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    DrBusterDrBuster Posts: 5,309 ✭✭✭✭✭
    NM, reading comprehension off today.
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    DorkGirlDorkGirl Posts: 9,994 ✭✭✭
    Nice!
    Becky
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    tneigtneig Posts: 1,505 ✭✭✭
    I especially liked the Odyssey website's "ship wreck" coins for sale, graded by NGC, using their -Shipwreck Effect- grading system.
    COA
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    renman95renman95 Posts: 7,037 ✭✭✭✭✭
    A regular cornucopia.....
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    DNADaveDNADave Posts: 7,239 ✭✭✭✭✭
    How many of the bars do you suppose they'll keep for posperity, or for resale? Versus how mucy of it will be melted and used for something else?

    Surely all of it won't be left in its current state.
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    OnlyGoldIsMoneyOnlyGoldIsMoney Posts: 3,301 ✭✭✭✭✭
    Are the bars 999 or coin silver?
    NO END IN SIGHT LIB $2.50'S CAC ONLY
    https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163
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