The E-Sylum:  Volume 10, Number 20, May 20, 2007, Article 16

RECORD SILVER AND GOLD HAUL RECOVERED FROM SHIPWRECK OFF CORNWALL

Yesterday the BBC News reported on Odyssey Marine Exploration's
latest announcement:

"A record haul of half a million silver and gold coins from a 17th
Century shipwreck may have been found just 40 miles from Land's End,
an expert said. US treasure hunters said the coins, worth an estimated
$500m (£253m), were recovered in the Atlantic Ocean.

"In 1641, an English ship called the Merchant Royal sank off the
Scilly Islands, laden with bullion from Mexico. There is speculation
that this is the wreck salvaged by Odyssey.

"'The gold coins are almost all dazzling mint state specimens,'
Odyssey co-founder Greg Stemm said.

"The artefacts, including more than 17 tonnes of silver coins plus
a few hundred gold coins, have been shipped to the US and are being
examined by experts at an undisclosed location.

"The mammoth haul was salvaged using a tethered underwater robot."

To read the complete article, see: Full Story

[The article quoted Lane Brunner of the American Numismatic Association
on the location of the wreck.  Although Odyssey did not disclose the
location in this latest release, Lane pointed out that in a statement
given to a US federal court last autumn,

"They told a judge at that point that they had found the wreck of
a seventeenth-century merchant ship in the Atlantic Ocean, just outside
the English Channel - about 40 miles off Lands' End.

"So all we can do is add two and two together. It would seem logical
given the timing and everything that could be the site."  -Editor]

  Wayne Homren, Editor

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