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Friday, May 18, 2007 10:04:54 PM

Re: novus ordo seclorum post# 496

Post# of 910
Shipwreck yields record treasures -

US treasure hunters have recovered half a million silver coins
and hundreds of gold coins and worked gold from a
colonial-era shipwreck in the Atlantic.

Odyssey Marine Exploration said the find was the largest
of its kind and is worth hundreds of millions of dollars.

Odyssey co-founder Greg Stemm (L) examines coins
recovered from the Black Swan

The artefacts have been shipped to the US for examination

"The gold coins are almost all dazzling mint state specimens,"
Odyssey co-founder Greg Stemm said.

The team has kept secret the location of the wreck,
codenamed Black Swan, citing security and legal reasons.

The artefacts, including more than 17 tonnes of silver coins,
have been shipped to the US and are being examined by
experts at an undisclosed location.

Historical significance

The mammoth haul was salvaged using a tethered
underwater robot.

Odyssey's Remotely Operated Vehicle
The haul was salvaged using a tethered underwater robot

The Odyssey team said the site was of huge historical
importance because of the insight it would offer into
seafaring and the social life of the period when
the ship sank.

"Our research suggests that there were a number of
colonial period shipwrecks that were lost in the area
where this site is located, so we are being very cautious
about speculating as to the possible identity of
the shipwreck," said John Morris, Odyssey's co-founder.

"We have treated this site with kid gloves and
the archaeological work done by our team out
there is unsurpassed.

"We are thoroughly documenting and recording the site,
which we believe will have immense
historical significance," he said.

The company said it expected the shipwreck would
eventually become one of the "most publicised in history".





Potosi mint. Fr-1, Calico Onza-1558. EF 40 (NGC)

CERRO RICO, POTOSI - The Old Mint / Casa de la Moneda



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