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The most valuable shipwreck ever has yielded over 500,000 coins with an estimated value of $1,000 per coin. And who says treasure hunting doesn't pay the bills?

http://www.boston.com/business/articles ... 500m_haul/

How cool!! Thanks for sharing!

I read this this morning and am very happy for Greg Stemm and Odyssey. They started out their company with the great goals of combining profit and archaeology and after initial success they met a number of obstacles. I get the feeling they were at the final breaking point. Now they hit the mother load. They are being so tightlipped about it all. I"m sure they have a very good idea exactly what ship this is and what time period it is from. They had all that research done before they went looking.

green1 wrote:The most valuable shipwreck ever has yielded over 500,000 coins with an estimated value of $1,000 per coin. And who says treasure hunting doesn't pay the bills?

http://www.boston.com/business/articles ... 500m_haul/

I saw that on yahoo and said to myself, "s***, how long before someone posts it on Buffettnews . . . I was wrong by about an hour.

Cool stuff.

There is also a Treasure Hunters show coming out - looks sort of like Survivor on a boat.

Sunken treasure worth millions.

Secret location.

The only thing missing is thieving PIRATES! (where do I sign up?).

WOW that is really amazing! how cool! can you imagine how excited they all were? I sure hope they were filming it all cuz I wanna see!

Odyssey filmed it I'm sure. They most likely will be doing a special for one of the science/nature type channels. Odyssey is one of those salvage companies with a good reputation for archaeological research. They also are aware that there are many ways to make money off of your treasure. I can't wait.