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Awesome story, Mike!
Good for them! I personally know the owner of Blue Water.. Keith Webb! Awesome job!
Treasure hunters have struck gold while diving a wreck thought to have sunk with tens of millions of dollars worth of currency.

The Steamship North Carolina, a 200ft long side wheel steamer, sank on July 25, 1840, after colliding with her sister ship, the Governor Dudley, 20 miles off the South Carolina coast.

And while all passengers and crew were able to escape from one ship to the other, their cargo was lost – including a hoard of gold coins.

Now, after months of archaeological field work, divers from Blue Water Ventures International (BWVI) and Endurance Exploration Group have confirmed the presence of gold at the wreck site.

Several gold coins were recovered in the first dive and it’s hoped that subsequent dives will reveal coins minted at the short-lived Dahlonega mint, which would now be valuable collectors’ items.

The location where the coins were found is commonly referred to as the 'Copper Pot' by divers. A dive organiser to the spot adds that the North Carolina's boiler, shaft and hull are all still in one piece beneath 80 feet of water.
Dutch businessman and treasure hunter Bernard Keiser has spent much of his life - two decades - on the hunt for 800 barrels crammed with gold and jewels that is rumored to be hidden on Chile's Juan Fernandez island, according to Bloomberg.

Juan Fernandez island is 400 miles off the Chilean coast and is where "Scottish privateer Alexander Selkirk was marooned for four years in the early 18th century". The event is said to have inspired the story of Robinson Crusoe.

The treasure supposedly arrived on the island years after Selkirk left. The story involves hurricanes, shipwrecks, looting, murder and mutiny. There are accounts that value the treasure at $10 billion and claim that it includes a "giant rose made of gold".

Despite the fact that the story of how the 18th century gold got on the island continues to change, it hasn't stopped Keiser from pushing forward with his search.
Must read.......................................
On Monday February 27th, 2012, WikiLeaks began publishing The Global Intelligence Files, over five million e-mails from the Texas headquartered "global intelligence" company Stratfor. The e-mails date between July 2004 and late December 2011. They reveal the inner workings of a company that fronts as an intelligence publisher, but provides confidential intelligence services to large corporations, such as Bhopal's Dow Chemical Co., Lockheed Martin, Northrop Grumman, Raytheon and government agencies, including the US Department of Homeland Security, the US Marines and the US Defence Intelligence Agency. The emails show Stratfor's web of informers, pay-off structure, payment laundering techniques and psychological methods

Here's the link. Long read but very interesting:
That's Amazing!

Yea, right.. blame those two for STEALING the treasure when they are the ones who FOUND IT!! Total BS.

Thanks, Mike.

That's one of the things about the (Not so any more ) Great Britain ak United Kingdom.  The key here is Kingdom.  Where everything belongs to the King or Queen.  It's called the King's property.  All of the entire coast of England belongs to the Royal Family.  Bla Bla Bla.  That's why the Colonists got rig of The King.  Thus the King or Queen in lieu of no King, can say who gets what ans so on.  All buried objects are the property of the King unless the King makes other declarations.  The problem with these guys is they were detecting on someones property without telling the land owner.  Found something, ran away with out not telling the land owner.  Like in the PH.  You have a rice field, some guys come onto in in the night, find a box of gold bars and run away not telling the rice field owner and then laugh at the guy when safe away. 

Obviously this is totally lost because after 1,000 years if the heirs made no attempt to recover then it is lost.  But we have the Spanish government chasing people who find ships lost for 500 years and demand all the gold back when they made no effort to look bla bla bla.

This find is not like a box of 6.2 Burmas, this tells more of a story with the coins and is part of the people history of the area.  OK fine you find something.  Catalog it, photograph it discover the story behind it and let the people know because it is part of the cultural history of the area.  Then divide it up as the land owner and finder agree.  If the government there wishes to purchase it, fine if the finders want to sell and for a price everyone sells in most cases.

But the King !  But the Queen !

I was involved in a land purchase in Scotland a few years ago but at the last moment backed out.  Over there is what is called The Roaming Law.  Which means there is no private property rights.  People can walk all over your property day and night any time and poke around.  Even metal detect but not dig any thing up.  They can walk all around your house, barns, garage, tool shed etc., just not enter into the structures.  One day 12 people showed up with metal detectors running all around the house and buildings, can't stop them.  So I said NO WAY I'm out of here.

That's Amazing!

Yea, right.. blame those two for STEALING the treasure when they are the ones who FOUND IT!! Total BS.

Thanks, Mike.
Metal detectorists have made many amazing discoveries down the years in Britain, with a great hoard of 2,600 coins just revealed last month. But there are strict rules regarding archaeological finds made by detectorists. At present, there is a case before the court in Britain where four men are accused of conspiring to conceal and illegally sell a treasure, found by metal detectors.

When Metal Detecting Becomes a Crime
At Worcester Crown Court four men are on trial, accused of stealing a treasure that is worth up to $3.6 million (£3 million). According to the Daily Telegraph , “George Powell, 38, and Layton Davies, 51, are accused of failing to declare a hoard of 1,000 year-old buried valuables they unearthed”. Both men have addresses in Wales.

The pair are experienced metal detectorists and it is alleged that they found a valuable hoard, in a field, near Leominster, Herefordshire. The field is part of the Eye Court Farm. Video:
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