Treasure hunt!


If only these guys had found this before silver took an 18% nosedive the other day…

WHEN the SS Gairsoppa was torpedoed by a German U-boat 70 years ago, it took its huge silver cargo to a watery grave. US divers are working to recover what may be the biggest shipwreck haul ever, valued at some $A213 million.

Florida-based Odyssey Marine Exploration has confirmed the identity and location of the Gairsoppa and cited official documents indicating the British ship was carrying some 219 tons of silver when it sank in 1941 in the North Atlantic some 490 kilometres off the Irish coast.

Valued then at £600,000, the silver today is worth about $A213 million, which would make it history’s largest recovery of precious metals lost at sea, Odyssey said.

“We’ve accomplished the first phase of this project — the location and identification of the target shipwreck — and now we’re hard at work planning for the recovery phase,” Odyssey senior project manager Andrew Craig said in a statement.

Not bad, regardless. Now if only they could hit my tip jar…

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