$6,000 in Gold Coins found near Cayman Brac
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Thread: $6,000 in Gold Coins found near Cayman Brac

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  1. #1

    Dec 2003
    Western Schuylkill County Tower City
    2 MINELAB EXPLORER SE PRO's .......3 Garrett Pro Pointers…… Sovereign XS-2 Pro ....... 2 Sovereign GT's
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    $6,000 in Gold Coins found near Cayman Brac

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    Valued at ? I wonder what that means.
    Today at least, that could be 1 Coin
    or back than, that could have been 6000 $1.00 coins.

    22 lbs sounds like allot though.

    & think they may have been Valuing by 1901 Weight Value
    Last edited by jeff of pa; Feb 02, 2020 at 05:18 AM.
    BillA, A2coins, SD51 and 2 others like this.

  2. #2
    cr
    May 2005
    Drake, Costa Rica
    1,484
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    so what might be the ship ?
    A2coins and SD51 like this.

  3. #3
    Charter Member
    us
    The continuing adventures of Ropesfish -

    Jun 2007
    Sebastian, Florida
    A sharp eye, an AquaPulse and a finely tuned shrimp fork.
    1,098
    1744 times
    Shipwrecks
    Gold price from 1840 til 1932 was $22.67
    $1 in 1901, adjusted for inflation would be $30.23 in 2020.
    Gold is worth $1583 this morning.
    22 lbs would be worth about $475,000. ( multiplied by 4 to 6 for historic value)
    That would make a nice day's work...
    SD51 and A2coins like this.
    Bill Black
    Search and Salvage/Caribbean Treasure Salvors
    Sebastian, FL
    ropesfish@gmail.com

    Subcontractor on the 1715 Plate Fleet "C-31"
    “You can either be a victim of the world or an adventurer in search of treasure. It all depends on how you view your life.”
    Paulo Coelho, Eleven Minutes

    https://www.facebook.com/searchandsalvage.net/


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  4. #4
    us
    TunaTonker

    Nov 2016
    Whites, Garrett, Minelab
    290
    519 times
    All Types Of Treasure Hunting
    How do you find all these cool old articles? I've noticed you come up with them from papers all over the USA, even my home state of Minnesota!
    A2coins and SD51 like this.

  5. #5

    Dec 2003
    Western Schuylkill County Tower City
    2 MINELAB EXPLORER SE PRO's .......3 Garrett Pro Pointers…… Sovereign XS-2 Pro ....... 2 Sovereign GT's
    70,605
    36873 times
    All Types Of Treasure Hunting
    Honorable Mentions (1)
    Newspapers .com & Chronicling america
    Bum Luck, SD51, GoDeep and 1 others like this.

  6. #6
    Charter Member
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    Tommy

    Dec 2015
    Ann Arbor
    Equinox 800
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    Wonder if they were talking about face value now that would be a fortune in weight

    Approved TreasureNet Stickers

    .:: $2.00 for 11" X 3" Bumper Sticker ::. I have 185 left PM me if you would like to buy any Tommy

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