Saturday, October 5, 2013

Salvage of Shipwreck Gold May Resume in 2014

Scuba Scoop enjoys Dr Lee Spence's writing on shipwrecks, and is pleased to re-print a portion of this.

Gold of the Central America

The sinking side-wheel steamer Central America of South Carolina in a hurricane in 1857 was one of the worst shipping disasters of the Gold Rush era. Hundreds of people were lost, many of them dying with the treasure they had dug out of the California gold fields. Her cargo also included major gold shipments for various banks, making her one of the richest shipwrecks ever discovered.

Even though tons of gold bullion in bars, nuggets, dust and rare gold coins, possibly worth over a billion dollars, are still thought to be on the wreck of the Central America, the last time anyone was on it was over 20 years ago. That salvage was done by the Columbus America Discovery Group, headed by Tommy Thompson, at a cost of 22 million dollars. The salvaged gold was conservatively valued at over $40,000,000 while other reports placed the value at many times that amount. Now a report filed with Franklin County Common Pleas Court indicates the salvage could resume next summer.


Thanks to Dr Lee Spence

Kathy Dowsett

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