The Numismatic Bibliomania Society

PREV ARTICLE       NEXT ARTICLE       FULL ISSUE       PREV FULL ISSUE      

V18 2015 INDEX       E-SYLUM ARCHIVE

The E-Sylum: Volume 18, Number 49, December 6, 2015, Article 27

FINDING SHIPWRECKS IS GETTING EASIER AND HARDER

David Sundman forwarded this New York Times article on how finding shipwrecks is getting easier due to advances in technology, and leading to more and more clashes between treasure hunters, archaeologists and governments. Thanks! -Editor

Treasure coins The Spanish galleon San José was overloaded with 200 passengers and 700 tons of cargo on a summer night in 1631 when it smashed into a rock off the Pacific coast of Panama, spilling silver coins and bars into the Gulf of Panama. More than 400,000 coins and at least 1,417 bars were lost over a 40-mile trail.

Four hundred years later, that shipwreck has become one of the latest to land in a legal quagmire over who should have the rights to historic artifacts trapped under the sea. This one involves the United Nations, the United States Department of Homeland Security, the government of Panama and Americans accused of being pirates. At issue is whether private companies should be able to claim and profit from historic treasures.

Those questions are of particular interest to businesses in South Florida at a time when technology is making it easier to find and recover sunken loot. The National Oceanic and Atmospheric Administration estimates that there are over 1,000 shipwrecks in the Florida Keys alone.

In the case of the San José booty, commercial treasure hunters, financed in part by an adventure entrepreneur who runs tours to the Titanic, spent over $2 million and 10 years recovering portions of the treasure, only to see their permits questioned and bounty confiscated.

“They called us thieves, looters, plunderers and pirates,” said Dan Porter, a Florida captain who led the expedition to find the San José.

“That’s an insult,” he continued. “I hold this work in the highest regard.”

But the industry is engaged in a battle with academic marine archaeologists and Unesco, the Paris-based United Nations agency that tries to protect cultural treasures around the world. Critics say buried coins and loot should be studied and preserved in a museum, not sported around an investor’s neck.

“Treasure hunters are to maritime archaeologists what astrologers are to astronomers,” said Filipe Castro, a nautical archaeologist at Texas A & M University.

Treasure hunters are hoping for a compromise.

“You should look at these more like an airplane crash or car crash,” said James J. Sinclair, a marine archaeologist hired by IMDI to evaluate the finds. “You don’t leave them at the side of the road and preserve them forever.”

To read the complete article, see:
With Shipwreck Treasure Easier to Reach, a Duel Is On (www.nytimes.com/2015/12/01/us/with-shipwreck-treasure-easier-to-reach-a-duel-is-on.html)

Fred Weinberg ad01.png


Wayne Homren, Editor

Google
 
NBS (coinbooks.org) Web

The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.org.

To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@gmail.com

To subscribe go to: https://my.binhost.com/lists/listinfo/esylum

PREV ARTICLE       NEXT ARTICLE       FULL ISSUE       PREV FULL ISSUE      

V18 2015 INDEX       E-SYLUM ARCHIVE

Copyright © 1998 - 2020 The Numismatic Bibliomania Society (NBS)
All Rights Reserved.

NBS Home Page
Contact the NBS webmaster
coin