Vox veritas
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I doVox veritas said:
Vox veritas said:
Alexandre said:Kudos to Spain and its relentless pursuit of justice and underwater cultural heritage protection
Darren in NC said:Alexandre said:Kudos to Spain and its relentless pursuit of justice and underwater cultural heritage protection
Seriously? Do you really believe this is about cultural heritage to Spain? Really?
Oh that all politicians were so noble.
old man said:Looks like the case is going to the U.S. Supreme Court from what I read. If not and I was Odyssey, I'd dump every last coin where I found in, in several hundred feet of water.![]()
Darren there is more to it, the way Odyssey conducted themselves. Not having permission, Taking it from Just off the coast of Spain, Hiding out inDarren in NC said:Alexandre said:Kudos to Spain and its relentless pursuit of justice and underwater cultural heritage protection
Seriously? Do you really believe this is about cultural heritage to Spain? Really?
Oh that all politicians were so noble.
MORE AND BEYOND OSSY said:Taking it from Just off the coast of Spain
Sorry AlexandreAlexandre said:MORE AND BEYOND OSSY said:Taking it from Just off the coast of Spain
Ahem... off the coast of Portugal, Ossy, from our Contiguous Zone...![]()
Au_Dreamers said:Can you honestly in your head conclude that OM was operating for a fast buck? Do you honestly believe that private sector salvage works on a fast buck? If so then you know nothing of private sector salvage and should really keep quiet until you learn some more.
Do you truly not realize the hundreds of hours, years put into research and search and recovery and the vast amounts of money for a salvage operation and even more for one the scope of OM?
Do you not understand the capital risks private sector salvage takes on?
Dare I say they have spent more in legal fees than you will ever earn in your lifetime?
Take Note, AU my friendAlexandre said:Au_Dreamers said:Can you honestly in your head conclude that OM was operating for a fast buck? Do you honestly believe that private sector salvage works on a fast buck? If so then you know nothing of private sector salvage and should really keep quiet until you learn some more.
Do you truly not realize the hundreds of hours, years put into research and search and recovery and the vast amounts of money for a salvage operation and even more for one the scope of OM?
Do you not understand the capital risks private sector salvage takes on?
Dare I say they have spent more in legal fees than you will ever earn in your lifetime?
"There are many types of treasure hunters, and to try to divide them into categories would be a difficult and futile enterprise. However, there seems to be a wide consensus that among the treasure hunting community there is only a small, silent minority, largely unnoticed by the general public, whose work is to find and rescue precious cargoes.
The larger, noisier majority of treasure hunters advertises its treasures in the press long before they have been found.
They are specialized in the hunt for the savings of potential investors. It reminds me of P. T. Barnum and his favorite saying: "a sucker is born every minute," when reading all the nonsense that finds its way to books and magazines. I remember reading in the 1990s that a treasure hunter was using a psychic to locate sunken treasures.
Stories vary, but the fact is that most treasure hunting ventures are not profitable and therefore most investors never see their money back. Why?
The following list is a contribution to the understanding of the complexity and risks of the treasure hunting business. Excluding the problems related to the conservation, marketing and sale of archaeological artifacts, successful treasure hunters must manage to:
1. Find reliable information about a valuable cargo shipped in a particular vessel that sunk;
2. Make sure that the cargo was actually loaded on that particular vessel;
3. Make sure that the ship did sink (beached ships were invariably salvaged);
4. Make sure that the cargo was not unloaded on a port before the shipwreck took place;
5. Make sure that the cargo was not saved (transshipped) right before the shipwreck;
6. Make sure that the cargo was not jettisoned right before the shipwreck;
7. Make sure that the cargo was not salvaged immediately after the shipwreck;
8. Make sure that the cargo was not salvaged at a later date;
9. Make sure that time did not damage the cargo;
10. Make sure there are no claims on the shipwreck or its cargo;
11. Make sure he has precise data to narrow the place where the shipwreck occurred;
12. Find the shipwreck (often the most difficult part);
13. Make sure that he actually found that particular shipwreck;
14. If he ever finds anything, make sure that the cargo is not spilled over too large an area;
15. Make sure that treasure hunting is legal, or at least that the local authorities are cooperative;
16. Make sure the country in whose waters the shipwreck lays is politically stable;
17. Make sure he has all the necessary means to salvage a substantial part of the cargo;
18. Make sure he gets away with destroying, or abandoning all non valuable items, which consume time and money, and are not accepted for sale by most auction houses;
19. Make sure he has safe port to disembark the cargo;
20. Make sure he has a good lawyer;
21. Make sure he has not spent by now much more money than he can make with the sale of valuable artifacts.
I borrowed these rules partly from a longer list written by one of the most effective of all treasures hunters, Robert Stenuit, who has found, rescued, and sold more treasure than we will ever know, with the help of COMEX, the French underwater contractor. In L'or ? la tonne, L'exploitation des tr?sors englouties (Grenoble: Gl?nat, 1990) one of the best of his many - and all very good! - books, Robert St?nuit defined a check list with 27 points and called it "Rules of the Game."
These are the 21 things a treasure hunter must make sure he knows before he engages in any operation of salvage of a sunken cargo. As a very intelligent and pragmatic man, he footnotes these rules with a very important factor: luck. Before even thinking about giving your money to a treasure hunter people have to remember that their treasure hunter can be honest in his intentions, vow to work legally, do everything "right", and still fail!"
Odyssey failed on this one.
Yes, they are very competent.
Yes, they did find this ship and it was a marvellous techical feat. But, in the end, they failed. I bet their shareholders are not that happy...
ivan salis said:I say fine -- if they say it was spain's treasure on the sea bed when they found it -- then return it exactly to the spot it was found at and "return it" to the sea bed by dumping it over the side * -- then everything will be exactly were it was at before (spains treasure will then be exactly right where it was before ) no harm no foul , heres yer treasure -- and then spain can spend their time , effort and money to "recover" it for themselves * -- because no one deserves to obtain the work of others for "free" * -- opps , silly me , I forgot thats how spain got the gold and silver in the the first place -- by using free slave labor , working the local native indains to death mining and refining the gold and silver ( later on after they just about completely wiped out the local indains ) the spanish brought in slaves from africa to do the work -- yep I forgot its spain's "historical cultural heritage" to use other peoples labor for "free" and to get "free" gold and silver for no real effort on their part-- sueing folks is easy --just wave papers and flap yer lips .( ie be a BSing lawyer)