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71 tons of platinum - Treasure hunter says found WW2 wreck

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Peter THOMAS
Pillar Of The Community
Australia
2691 Posts
 Posted 04/03/2012  9:21 pm Show Profile Bookmark this topic Add Peter THOMAS to your friends list Get a Link to this Message


an unusually well-balanced article:


http://www.themeshreport.com/2012/0...sh+Report%29



"the only people who are not confused are those who are not paying attention."
Valued Member
Canada
178 Posts
 Posted 04/04/2012  11:05 am  Show Profile Bookmark this reply Add ztt2 to your friends list Get a Link to this Reply
Why can't I find things like that?
Pillar Of The Community
United States
3403 Posts
 Posted 04/04/2012  3:12 pm  Show Profile Check Silverhawk74's eBay Listings Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
I would just like to get my skevy hands on one of those bad boys in the after market sell, lol....

I posted about that silver coin from 1783 I found the other day El Cazador of the coast of Louisiana (interesting the sinking hurt Spain so bad they sold Louisiana to France, and then in turn they sold it to us later at 3 cents per acre), and it was bought by one of the Mints who then in turned sent them all to ANACS....
RIP BigFredd....

Valued Member
United States
62 Posts
 Posted 04/04/2012  3:37 pm  Show Profile Bookmark this reply Add crownman to your friends list Get a Link to this Reply
If there is even a fraction of that 71 tons of platinum on that ship as he claims...there's going to be a LOT of legal battles for ownership of it. Obviously the treasure hunter should get something for digging it up. The only treasure I find is a ounce or two of silver in the CoinStar
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Coin Community SupporterSupporter!
7693 Posts
 Posted 04/04/2012  4:36 pm  Show Profile Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply
He should negotiate a settlement before undertaking any salvage operation.
Pillar Of The Community
United States
4008 Posts
 Posted 04/04/2012  5:09 pm  Show Profile Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
A consortium that owned the salvage vessel was given 10 percent of the prize, while the rest was shared by the other parties, he said.

Don't you just love it? Those who make something possible end up with the least amount of profit. There is something horribly wrong about this. Without a successful salvage op, there won't be ANY goodies to fight over. The guys who risk their lives and their fortunes to recover a lost and sunken treasure should be guaranteed an absolute minimum of 50% plus expenses, IMHO. Let those who hold down chairs for a living get paid according to the value they've added to the process.
Valued Member
United States
73 Posts
 Posted 06/12/2012  8:32 pm  Show Profile Bookmark this reply Add 1inamillion15 to your friends list Get a Link to this Reply
I wonder how many ships are found and their treasures sold on the black market? I blame Spain and other countries heritage BS.
Pillar Of The Community
United States
3294 Posts
 Posted 06/12/2012  9:24 pm  Show Profile Bookmark this reply Add nod2003 to your friends list Get a Link to this Reply
How hard would it be to just "forget" where it was and tell Spain that if they want the treasure, they need to renegotiate?
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United States
2042 Posts
 Posted 06/13/2012  11:52 am  Show Profile Bookmark this reply Add Namachieli to your friends list Get a Link to this Reply

Quote:
How hard would it be to just "forget" where it was and tell Spain that if they want the treasure, they need to renegotiate?


Right?

Oh, I get 10%? That's funny, I'm having a hard time remembering where it was... I think the ocean started with an 'A'...

25%? It's starting to come back, a little hazy still though. It's somewhere east of the United States.

Valued Member
United States
83 Posts
 Posted 06/13/2012  5:06 pm  Show Profile Bookmark this reply Add tmaring to your friends list Get a Link to this Reply
There's also the possibility that it's an elaborate money laundering scheme. Let's say that deposed ruling party "A" has a load of "hot" platinum that was spirited out of Country "B" during political strife, hidden inside (for instance) lead bars, and is seeking to sell it but the new rulers of the country are looking for it too, and they have some real tough guys on the case. Too dangerous to just put it on the market, too much of it to try to dump through small-time buyers. Here's how you do it: Find a sunken wreck... ANY sunken wreck will do as long as it has at least a half-credible story. A little sleight of hand and the bars can be seen coming up from the wreck. Cerificate of provenance in-hand, the owner sells them on the market and splits with party A. Everybody except country B is happy.
Pillar Of The Community
Australia
6476 Posts
 Posted 06/13/2012  9:34 pm  Show Profile Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
If there was 71 tonnes of platinum on that ship, it would have been EXTREMELY well balanced, and it was STILL sunk!
New Member
United States
12 Posts
 Posted 10/17/2012  4:40 pm  Show Profile Bookmark this reply Add M Anden to your friends list Get a Link to this Reply
That is a lot of metal for sure... Wish I could find something like that... Heck I would love even one tenth of that!
Pillar Of The Community
United States
1171 Posts
 Posted 10/17/2012  4:50 pm  Show Profile Bookmark this reply Add unholyroller to your friends list Get a Link to this Reply
Remember...real treasure hunters never let anyone know what they are up to or doing. If you see a mega find like this in the open news channels....it is a scam. Treasure hunters are among the most secretive BU cha out there. Reason being is they don't want states or countries laying claim to their find and either confiscating it or taxing it.
Pillar Of The Community
United States
776 Posts
 Posted 10/18/2012  12:51 am  Show Profile Bookmark this reply Add Fat Freddy to your friends list Get a Link to this Reply
The hunter announcing his find makes it very suspicious and detracts from his credibility. If I ever really stumbled onto a find like that, issuing press releases and holding press conferences about it is the last thing I'd do. I think I'd focus my energy on getting the platinum buried out behind the back barn quickly and quietly.
Pillar Of The Community
United States
6170 Posts
 Posted 10/18/2012  01:12 am  Show Profile Check basebal21's eBay Listings Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
I think the guy was just trying to get famous and draw attention to his business knowing he may lose out on the claim, at least he may get some job offers out of it. Theres really no way he could have kept a find like that secret with the permits and equipment heck need to actually try and raise the ship it wouldnt have taken long for word to get around. It may even help him in court that hes publicly staked a claim to it as opposed to the government being the first to do so when word got to them.

Either way if there really is 3 billion down there Id be very happy with a 10 percent cut, more would be nice but I can think of a lot worse things than being handed 300 million
Pillar Of The Community
United States
789 Posts
 Posted 10/18/2012  2:45 pm  Show Profile Bookmark this reply Add ghostrider to your friends list Get a Link to this Reply
Why can't treasure hunters remember the old WWII saying about loose lips causing sunken ship and rephrase it as loose lipe loose treasure.

Just why can't people keep their mouth's shut and enjoy the find in private.
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