Gold in Treasureship Sunk off Dutch Coast

jeff of pa

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The Washington times. (Washington [D.C.]), 26 May 1907.


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https://chroniclingamerica.loc.gov/...&proxValue=&dateFilterType=yearRange&page=378
 

The Lutine has been worked by salvage companys at least a half dozen times. Each time the returns get smaller and smaller. It is in a high energy area and probably spread out for miles by now. The GPS coordinates of the wreck are: 53 20' 33"N, 5 01' 34"E. The water depth varies between 16' and 25'. Sounds like an easy salvage, right? Lloyds of London owns it (since they paid the insurance claim) and you can contact them for a 50% split of whatever you find. This is still a good prospect.
 

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