Does anyone knows about the Genoese shipwreck on Banners reef SW of Jamaica dated 1730?

[Crow]

Does anyone know about the Genoese shipwreck on Banners reef SW of Jamaica dated 1730? It was carrying 3 million in gold

It appeared in 1901 100 thousand dollars in gold was recovered.

Buy the mid 1960s more artifacts was recovered.

Question is there still more gold to recover. It would be interesting to hear from anyone of 16 involved in the 1964 expedition?

Crow

 

[Mackaydon]

Crow,
Per AI: https://www.google.com/search?sourc...sQWTnSbw&csuir=1&mtid=mBkbaaOELfvfur8Pu-CHoAQ

And here: https://nauticalarch.org/wp-content/uploads/2015/11/INAQ-1981-08-2.pdf
Don in SoCal

 

[Darren in NC]

She has been salvaged immensely, both when she wrecked, and in modern times. As with many wrecks, there may be some scraps left over, but hardly worth mounting an expedition for. Bob "Frogfoot" Weller is mostly known for his books on 1715. His book Galleon Hunt is one of my favorites, though (my copy pictured). Most of the book is about the Genoese (Genovesa, as he calls it), and Art McKee's pursuit of it. I doubt his findings covered all the money spent on pursuing her. This book has the most details of modern salvage, and charts as to her location today. Here is Amazon's description...

"The life story of Art McKee, the first salvage diver of the Florida Keys. He successfully worked the Capitana of the Spanish 1733 treasure fleet, built a museum that thousands have visited in the Florida keys, then began his search for the Spanish treasure galleon "Genovesa" that sank on the Pedro banks in 1730. After many years of searching the wrong reefs, he finally located the galleon and recovered silver coins and bars. He died 8 months later, never to return to the "Genovesa". The book provides charts and exact location of the "Genovesa", and colored photo's taken during the salvage. Numerous black & white photo's show salvage of the 1733 fleet galleons in the Florida keys, along with the treasures recovered."

 

[Crow]

Thank you for the reply's . It is most interesting reading about the long history of salvage of shipwreck.

Crow

 

[Blak bart]

She has been salvaged immensely, both when she wrecked, and in modern times. As with many wrecks, there may be some scraps left over, but hardly worth mounting an expedition for. Bob "Frogfoot" Weller is mostly known for his books on 1715. His book Galleon Hunt is one of my favorites, though (my copy pictured). Most of the book is about the Genoese (Genovesa, as he calls it), and Art McKee's pursuit of it. I doubt his findings covered all the money spent on pursuing her. This book has the most details of modern salvage, and charts as to her location today. Here is Amazon's description...

"The life story of Art McKee, the first salvage diver of the Florida Keys. He successfully worked the Capitana of the Spanish 1733 treasure fleet, built a museum that thousands have visited in the Florida keys, then began his search for the Spanish treasure galleon "Genovesa" that sank on the Pedro banks in 1730. After many years of searching the wrong reefs, he finally located the galleon and recovered silver coins and bars. He died 8 months later, never to return to the "Genovesa". The book provides charts and exact location of the "Genovesa", and colored photo's taken during the salvage. Numerous black & white photo's show salvage of the 1733 fleet galleons in the Florida keys, along with the treasures recovered."

Great read !!

 

[Red_desert]

Does anyone know about the Genoese shipwreck on Banners reef SW of Jamaica dated 1730? It was carrying 3 million in gold

View attachment 2233880

It appeared in 1901 100 thousand dollars in gold was recovered.

View attachment 2233882

Buy the mid 1960s more artifacts was recovered.

Question is there still more gold to recover. It would be interesting to hear from anyone of 16 involved in the 1964 expedition?

Crow

"shipwreck on Banners reef SW of Jamaica dated 1730? It was carrying 3 million in gold" would that be 3 million value then or today the spot gold price?

 

[Crow]

"shipwreck on Banners reef SW of Jamaica dated 1730? It was carrying 3 million in gold" would that be 3 million value then or today the spot gold price?

A good question 1964 figures or 1730 figures? I am not privy to original documents. Cargo manifest.

Crow

 

[Red_desert]

A good question 1964 figures or 1730 figures? I am not privy to original documents. Cargo manifest.

Crow

Yes Crow I understand that perfectly. Any gold finds made now, will be worth the effort. Not looking for gold prices to make significant drops anytime soon.

 

[Red_desert]

Ship Identity: The vessel is commonly called La Nuestra Señora del Carmen, nicknamed “Genovesa,” suggesting Genoese origins or ownership. It was reportedly a Spanish Crown ship, possibly built or operated by Genoese merchants.

Location: Banner Reef lies in the open Caribbean southwest of Jamaica, near coordinates 16°52′N, 78°6′W. It’s a remote and turbulent reef, historically treacherous for navigation.

Cargo and Value:
• Allegedly carried 3 million in gold when it sank.
• In 1901, about $100,000 in gold was recovered.
• By the 1960s, further salvage efforts yielded more artifacts, though the full treasure was never found.

Salvage and Archaeological Interest
• 1964 Expedition: A group of 16 individuals reportedly participated in a salvage expedition. Some artifacts were recovered, but the full extent of the treasure remains elusive.

Government Oversight: In the 1980s, the Jamaican government began regulating salvage operations, emphasizing archaeological integrity over treasure hunting. The Genovesa was one of the most sought-after wrecks in Jamaican waters.

 

[Red_desert]

Appears to be a similar situation to Bahamas.