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Be careful buying shipwreck gold or other precious metals

CaptHenwayCaptHenway Posts: 33,659 ✭✭✭✭✭

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/

Numismatist. 54 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Also won the PNG's Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.

Comments

  • LukeMarshallLukeMarshall Posts: 2,188 ✭✭✭✭✭

    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...

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

  • JimTylerJimTyler Posts: 4,012 ✭✭✭✭✭

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

  • metalmeistermetalmeister Posts: 4,609 ✭✭✭✭✭

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

    I was thinking the same thing.

    email: ccacollectibles@yahoo.com

    100% Positive BST transactions
  • 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?

  • JWPJWP Posts: 32,928 ✭✭✭✭✭

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

    USN & USAF retired 1971-1993
    Successful Transactions with more than 100 Members

  • Jzyskowski1Jzyskowski1 Posts: 6,650 ✭✭✭✭✭

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


    🎶 shout shout, let it all out 🎶

  • BeeManBeeMan Posts: 365 ✭✭✭

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

    Watch the mirror count the lines
    The battle scars of all the good times
  • pmh1nicpmh1nic Posts: 3,482 ✭✭✭✭✭

    @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.

    The longer I live the more convincing proofs I see of this truth, that God governs in the affairs of men. And if a sparrow cannot fall to the ground without His notice is it possible for an empire to rise without His aid? Benjamin Franklin
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