The USS North Carolina (BB-55) My all-time favorite warship. As an elementary school student in North Carolina, I donated nickels and dimes to save this ship back in the early sixties.

Thursday, December 4, 2014

Whole Lot of Silver Recovered From WWII Wreck

From the July 18, 2012, ABC News "48 Tons od Silver Recovered From World War II Shipwreck" by Alon Harish.

The Odyssey Maria Exploration Co. of Tampa, Florida recovered 48 tons of silver bullion from the SS Garsoppa, a sunken British cargo ship about three miles off the Irish coast.  It was under contract by the British government and the company will receive 20% of the tens of millions of dollars that the find is expected to yield.  That silver cargo was worth 600,000 pounds in 1941.

It was sunk by a U-boat.  The ship is owned by the British government because it paid the ship's insurance of 625,000 pounds.

The ship is located three miles deep and the initial recovery was 1,203 silver bars.

Money When You Can Get It.  --GreGen

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