I watched History's Mysteries last night about the Central America

notlogical · February 24, 2006 6:10AM

and I had dreams about gold coins and gold bars all night. I didn't want to wake up!

DorkGirl · February 24, 2006 6:29AM

Freak1c · February 24, 2006 6:40AM

I thought it was cool how they brought them to the surface

Freak

CoinHusker · February 24, 2006 7:45AM

No wonder people say, "Sweet Dreams".

grip · February 24, 2006 7:48AM

Much better than having a nightmare

mepot · February 24, 2006 8:02AM

That was a very interesting show,some of the piles of coins looked like they hit the ocean floor still

rolled! Sweet dreams indeed.

notlogical · February 24, 2006 9:52PM

How come insurance companies want to claim a treasure like that but don't want to pay a claim like after a hurricane and stuff? Isn't it the same thing in reverse?

Conder101 · February 24, 2006 11:24PM

Because the insurance companies did pay the claims back in 1857 and therefore claimed that they owned the ship and contents. But they did nothing to attempt to locate or salvage the ship potentially making it abandoned property. Also I believe many of the companies claiming to have paid off on policies back then had no records of those policies. (Either because the companies folded, went broke, or just discarded the policies believing the ship would never be salvagable so they would never be able to excercise their claims.

09sVDB · February 25, 2006 12:09AM

Watched it again too. Very good show.

RKKay · February 25, 2006 12:23AM

<< <i>How come insurance companies want to claim a treasure like that but don't want to pay a claim like after a hurricane and stuff? Isn't it the same thing in reverse?

>>

It all comes down to $$$. They want it and don't want to pay it out.

MORGANHUNTER2 · February 25, 2006 1:07AM

I'm actually surprised that the Treasury dept. did not lay claim to all of it- since it was legal tender.

One day I will get one of the shipwreck coins just to have- not for a investment/collection thing

I like my morgans better.

Gold has a chitzy look to it.

IMHO ONLY.

Tootawl · February 25, 2006 1:51AM

I'd also love to have one of the coins, just for the history involved.

Newmismatist · February 25, 2006 2:49AM

The book is even better!

Conder101 · February 25, 2006 2:38PM

<< <i>I'm actually surprised that the Treasury dept. did not lay claim to all of it- since it was legal tender. >>

Don't worry, they did in their own way. They hit them up for taxes on all the money after they sold the treasure, and probably on the appraised value of the material that wasn't sold.

SmallSizedGuy · February 25, 2006 2:44PM

Are there any estimates to the percentage of coins sold to the number salvaged?

To me, there seems to be a lot of coins yet to hit the market.

I watched History's Mysteries last night about the Central America

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