Saturday, March 6, 2010

3/6 Report - Cobs, Coins & HMS Victory Video



This is what one Treasure Coast beach looked like around high tide on Saturday. There were some nice looking waves, but they were washing straight up on the beach instead of hitting at an angle despite the north northeast winds. As a result, you see all the accumulated sand on the front beach without any erosion. The water was just breaching the front beach, but nothing more.

I'll get the forecast and conditions report out of the way right away today.

Seas are about 4.5 feet. Like I often say, it normally takes something on the order of six to eight foot seas to do much good. We are supposed to see about 5.5 foot seas tomorrow. We'll have to see how that works out. For now, I've seen nothing that would change my 1 beach conditions rating.

There are a number of silver cobs from the 1715 Fleet on sale on ebay. One being sold out of Davie Florida, one out of Miami, one out of Illinois, one out of Canada, and one out of California. The California seller has four for sale as one lot and lists them as a 1, 2, 4 and 8 reale. However if you look at the photo, on the small one you'll see the Philip monogram. That means to me that it is actually a half reale instead of a one. The seller said that might be, and that he didn't know how to tell the difference. The item number for that lot is 330410577983.

Here is a web site with a nice underwater video of Odyssey Marine working on the HMS Victory. What I liked most about the video was seeing the dexterity of the robotic hands at work. Also the piles of coins.

Notice the cost they give for on working the site - $35 thousand per day. That is a big reason that investing in omex is not in my opinion a great idea. They can eat up everything they make in expenses leaving little of anything for investors.

Here is the link.

http://www.shipwreckworld.com/weblink/shipwreck-may-have-200000-gold-coins-on-board

Here is a nice web site for a store located in Spain were they sell old Spanish coins, cobs and a few artifacts. You might want to take a look.

http://www.antiquespaincoins.com/index.php?main_page=product_info&cPath=65_154&products_id=217

And on the topic of Vero Man again, here is an article that talks about the archaeological site and the carved fossil bone.

http://www.tcpalm.com/news/2010/mar/04/scientists-urge-full-scale-excavation-of-vero/

Well that's about it for today.

Happy hunting,
TreasureGuide@comcast.net