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hedge_fun

01/12/23 7:11 PM

#70053 RE: Raider21 #70052

The Baer mentioned being on the Jupiter Inlet.....

wreck, which is believed to be the San Miguel Archangel.

It didn't take the newly formed salvage operation months to find treasure at Jupiter Inlet, but the SFRX sites date back decades with basically nothing to show for it. Not even a trinket.

Go figure.

n 1987, two surfers fell off their boards one day and saw what they thought was a canon and reported it to a lifeguard. Two days later, while on his morning training swim, the lifeguard refound the canon and contacted a master mariner and marina owner, Captain Dominic Addario, who had equipment capable of recovering the find. They agreed to form a joint venture to recover it. Their initial goal was simple. They resolved to put the cannon at a museum about to open in Burt Reynolds Park, sponsored by the Loxahatchee Historical Society. During those first weeks, further discoveries were made. More cannons were identified, then . . . silver “pieces of eight.” Neither of the two partners knew at the time that the laws governing discoveries such as theirs were approaching a major change, or that the two of them could play an instrumental part in the formulation of new rules that would affect the future rights of the private sector to participate in historic shipwreck research and recovery. Captain Addario placed an Admiralty claim upon the unknown vessel in the U.S. Southern District Court on the 27th day of July, 1987. A bond was posted to the Court, and Jupiter Wreck, Inc., a newly formed Florida corporation, was subsequently named Federal Substitute Custodian of the wreck site. More cannons and artifacts were discovered. Rare coins of silver and gold were retrieved, then a 78-pound ingot of silver! The State of Florida stepped in to assume jurisdiction, claiming it was in the wreck's and public's best interest. The public didn't totally agree, neither did the Federal Courts. Jupiter Wreck's legitimate claim was upheld by the Federal Judge, but the State's rights were also recognized. The crew had to dig with their bare hands while all issues were pondered.

http://jupitercoins.com/wreck-history.html