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All Forums Category: General Numismatic Forums Forum: Main Coin Forum

Treasure Trove

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Hollywood
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 Posted 05/13/2015  1:12 pm Show Profile   Bookmark this topic Add Hollywood to your friends list Get a Link to this Message Number of Subscribers
Poll Question
Is this wy gold has plummeted from $1,900 oz in 2011 to todays spot of $1,250 oz alot more on the market ?

http://fivethirtyeight.com/features...en-treasure/


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 Yes
 No
 Maybe So

MeadowviewCollector
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 Posted 05/14/2015  1:58 pm  Show Profile   Bookmark this reply Add MeadowviewCollector to your friends list Get a Link to this Reply
The S.S. Central America was discovered around 1988 and the treasure recovered was sold in the early 2000s, if I recall correctly.

There was more treasure recovered in 2014.

I don't think these discoveries have anything to do with the fall in spot price from the high in 2011 to the lows of today...however I could be wrong and defer to those more knowledgeable.

-MV
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