Treasure from the San Jose wreck to be recovered

[Booky586]

The Columbian government plan on recovering billions from the "holy grail of shipwrecks", the San Jose, a Spanish treasure ship sunk in 1708.

https://www.theguardian.com/world/2023/dec/21/san-jose-shipwreck-recovery-treasure-colombia-spain

https://www.cbsnews.com/news/san-jose-shipwreck-colombia-try-to-get-treasures-cargo-worth-billions/

Edited December 22, 2023 by Booky586
Link added

[GoldDiggerDave]

9 hours ago, Booky586 said:

The Columbian government plan on recovering billions from the "holy grail of shipwrecks", the San Jose, a Spanish treasure ship sunk in 1708.

https://www.theguardian.com/world/2023/dec/21/san-jose-shipwreck-recovery-treasure-colombia-spain

https://www.cbsnews.com/news/san-jose-shipwreck-colombia-try-to-get-treasures-cargo-worth-billions/

Will add chuck to the countries GDP.

[dicker]

I would think that none of this will hit the open market.  It’s hard for a government to sell it off without looking like looters.

However will be fascinating to see what happens merges from the deep. No doubt in my mind that there will be coins never previously identified.  

[Britannia47]

https://www.bbc.co.uk/news/world-latin-america-61722200
 

Found this from your last topic - ‘Shipwrecks found off the Colombian coast’  7 June 2022… @Booky586

As usual, treasure ships cause controversy as to ownership!  Archeological or Economic recovery? But Greed always wins….!

[GoldDiggerDave]

44 minutes ago, Britannia47 said:

https://www.bbc.co.uk/news/world-latin-america-61722200
 

Found this from your last topic - ‘Shipwrecks found off the Colombian coast’  7 June 2022… @Booky586

As usual, treasure ships cause controversy as to ownership!  Archeological or Economic recovery? But Greed always wins….!

Whoever stole the gold   last time before it sank? 
 

would love to see the coins.  
 

 

[dicker]

@GoldDiggerDaveSpanish from the South Americans.

[Booky586]

You can see there's a lot of parties that could have a claim to the prize.

It wouldn't have been a problem if the British navy had captured the galleon instead of sinking it! 😀

[Guest]

13 hours ago, Booky586 said:

You can see there's a lot of parties that could have a claim to the prize.

It wouldn't have been a problem if the British navy had captured the galleon instead of sinking it! 😀

That's more vigo or lima or whatever that battle was. Could've been nice but still with a price tag sky high

[pricha]

Whatever they find,  I'm sure most of it will end up on ebay within an hour, along with a certificate of authentication and a 500% price increase on the previous day. 😀 

Edited December 24, 2023 by pricha

[dicker]

Will be fascinating to see what is recovered.  I can’t wait to see!

[JohnA1]

On 23/12/2023 at 09:49, Britannia47 said:

As usual, treasure ships cause controversy as to ownership!  ..

Interesting contrast from the same entities claiming that promissory notes are real money, the others are pet rocks😅

[shawy2510]

4 hours ago, dicker said:

Will be fascinating to see what is recovered.  I can’t wait to see!

Off topic but have you seen any gold salvaged from P&O Steamer Egypt. I have a piece just at NGC but going back as the clowns can't spell correctly on the slab 😆

 

[dicker]

20 minutes ago, shawy2510 said:

Off topic but have you seen any gold salvaged from P&O Steamer Egypt. I have a piece just at NGC but going back as the clowns can't spell correctly on the slab 😆

 

No- I have not.  There is a hard to find book about the recovery of treasure from the Egypt but I have not been able to find a copy, let alone a gold coin!

[shawy2510]

14 minutes ago, dicker said:

No- I have not.  There is a hard to find book about the recovery of treasure from the Egypt but I have not been able to find a copy, let alone a gold coin!

I also can't find much information this is what it came with

[Petra]

The San Jose wreck may still be a little while off being salvaged….. there have been legal issues around salvage companies and countries around ownership, salvage rights etc. They may salvage whilst this all going on, or may have to wait🤔😮⛄️

[Guest]

1 hour ago, shawy2510 said:

Off topic but have you seen any gold salvaged from P&O Steamer Egypt. I have a piece just at NGC but going back as the clowns can't spell correctly on the slab 😆

 

Doesn't look like seawater damage to be honest. There are so many gold coins from Duoro all looking pristine. 

[dicker]

1 hour ago, shawy2510 said:

I also can't find much information this is what it came with

I am very impressed with this indeed.  

[Booky586]

1 hour ago, SeverinDigsSovereigns said:

Doesn't look like seawater damage to be honest. There are so many gold coins from Duoro all looking pristine. 

This one's from the Douro and isn't so pristine, I guess seawater damage comes in different stages......

https://www.smallsauctions.com/auction-lot/sea-salvaged-gold-sovereigns-14-visible-subsume_D954C88868

 

Edited December 24, 2023 by Booky586

[Guest]

1 hour ago, Booky586 said:

This one's from the Douro and isn't so pristine, I guess seawater damage comes in different stages......

https://www.smallsauctions.com/auction-lot/sea-salvaged-gold-sovereigns-14-visible-subsume_D954C88868

 

I think that's soil and other sticky stuff on the sea bed which can be removed. Seawater really shouldn't erode gold, but from the picture it seems there's a lot of rust' i.e. iron, which probably forms a battery of some sort and destroys it. I'd also say the coin in picture can be somewhat restored. 

[shawy2510]

I will speak to them to see if it can be conserved for a grade but im sure they said there was some form of residue but will triple check.

[Booky586]

3 minutes ago, shawy2510 said:

I will speak to them to see if it can be conserved for a grade but im sure they said there was some form of residue but will triple check.

I'd be really tempted to leave it as it is, it strengthens the provenance and adds to the character of the coin. 👍

[Britannia47]

4 hours ago, shawy2510 said:

Off topic but have you seen any gold salvaged from P&O Steamer Egypt. I have a piece just at NGC but going back as the clowns can't spell correctly on the slab 😆

 

Do you get to stipulate exactly what you want on the label? Looks like NGC has missed out  big chunks, not just spelling! 
A nice label would look good. Seen different ones for the RMSDouro, like this one for example….

 

[shawy2510]

3 minutes ago, Britannia47 said:

Do you get to stipulate exactly what you want on the label? Looks like NGC has missed out  big chunks, not just spelling! 
A nice label would look good. Seen different ones for the RMSDouro, like this one for example….

 

A friend graded it for me but I will try getting more info on the label as I agree I would like abit more. Think I will leave the natural look aswel as it looks more authetic like treasure 😬

[JohnA1]

19 hours ago, Booky586 said:

This one's from the Douro and isn't so pristine, I guess seawater damage comes in different stages......

https://www.smallsauctions.com/auction-lot/sea-salvaged-gold-sovereigns-14-visible-subsume_D954C88868

 

Fascinating

For the numismatists here, is this a 22 carat coin?

If so, wouldn't we expect some damage eventually to the copper content?

A pure gold coin surely would remain intact for centuries in sea water - in fact forever, right?

[Foster88]

On 25/12/2023 at 12:22, JohnA1 said:

Fascinating

For the numismatists here, is this a 22 carat coin?

If so, wouldn't we expect some damage eventually to the copper content?

A pure gold coin surely would remain intact for centuries in sea water - in fact forever, right?

Older sovereigns had very little copper content compared with the modern sovereigns of today.