240 Tons Of Silver For Sale - Coin Community Forum

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Author	Replies: 14 / Views: 2,098
biggfredd Rest in Peace United States 9104 Posts	Posted 09/26/2011 7:20 pm http://www.wealthwire.com/news/metals/1922 Shipwreck found. Report this Post to the Staff

tripncoins Pillar of the Community United States 648 Posts	Posted 09/26/2011 7:21 pm Wow. Report this Post to the Staff
mmerlinn Valued Member United States 302 Posts	Posted 09/26/2011 7:42 pm That is a lot of silver. However, compared to the total silver supply it is relatively small. Therefore, long term, I don't see it having a significant effect on the silver market. Report this Post to the Staff
lagwagon211 Valued Member United States 53 Posts	Posted 09/26/2011 7:45 pm yessum Report this Post to the Staff
Namachieli Pillar of the Community United States 2120 Posts	Posted 09/26/2011 7:54 pm Eh. it'll cause a small dip when it goes up for sale, but yea. I don't see it being any large movement. It will be bought probably more as a historical or "sunken treasure" peice, than as market grade bullion. Report this Post to the Staff
yankee1227 Pillar of the Community United States 1151 Posts	Posted 09/26/2011 8:18 pm All I can say is WOW! Report this Post to the Staff
hesgut Pillar of the Community 1028 Posts	Posted 09/26/2011 8:40 pm That is a lot of silver. I'd be curious to find out what all the coins were Report this Post to the Staff
CelticKnot Bedrock of the Community United States 12841 Posts	Posted 09/26/2011 8:54 pm Pretty cool. Wouldn't that be fun to be aboard the salvage vessel when they pull up the first few loads? Report this Post to the Staff
Ed_B Pillar of the Community United States 4008 Posts	Posted 09/26/2011 8:56 pm Quote: That is a lot of silver. I'd be curious to find out what all the coins were Yes, indeed. Were those coins or bars? Report this Post to the Staff
Namachieli Pillar of the Community United States 2120 Posts	Posted 09/26/2011 11:38 pm Bars or Ingots I would assume. Report this Post to the Staff
ICanSeeYou7687 Valued Member United States 362 Posts	Posted 09/26/2011 11:51 pm They should wait for silver to go up in price before they salvage it! Lol jk :-) Report this Post to the Staff
XavierOfGreen Pillar of the Community United States 2589 Posts	Posted 09/27/2011 12:00 am Well over $200,000,000 in bullion value alone I believe. They get to keep 80% too, usually the ''Crown'' takes much more than 20%. Report this Post to the Staff
okiepb Pillar of the Community United States 1213 Posts	Posted 09/27/2011 12:28 am I'll bet the Odyssey Marine investors are happy with this one. Report this Post to the Staff
1893S Pillar of the Community United States 1554 Posts	Posted 09/27/2011 12:44 am Interesting! 240 Tons? HMMMMM ...I kind of wonder about that...Makes me wonder why it hasn't been found until now. Report this Post to the Staff
SilverCoinBoi Valued Member United States 458 Posts	Posted 09/27/2011 02:32 am I know what I need to change my major to... Diving! Report this Post to the Staff
	Replies: 14 / Views: 2,098

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