Friday, June 10, 2016

6/10/16 Report - Federal Maritime Law Versus State Regulations. Huge Monument Found By Satellite Image. Revolutionary War Structures. Are 17th Century Escudos Worth More Than 18th Century Escudos?

Written by the TreasureGuide for the exclusive use of

Satellite Image Showing Evidence of Huge Monument.
Photo by I. Labiance, National Geographic.

An enormous monument has been hiding in plain sight at the World Heritage site of Petra according to a study recently published in the Bulletin of the American Schools of Oriental Research.
Archaeologists Sarah Parcak, a National Geographic fellow, and Christopher Tuttle, executive director of the Council of American Overseas Research Center used high resolution satellite imagery followed by aerial drone photography and ground surveys to locate and document the structure.
Here is the link.


Experts found 60 Revolutionary War era structures off Limekiln Road near Redding Connecticut.  Piles of square stones from collapsed chimneys provided the most obvious evidence of several decayed structures.

Here is the link.


I provided the following link the other day and pointed out a few interesting pieces of history from that document.  I did not refer to the Conclusions of Law section, which might also be of interest to some of you.  I always felt that there was a conflict between federal law and state regulations, but had no idea that a judge would agree with me.  It said,  "Florida's statutory and regulatory framework for the exploration, recovery, and disposition of sunken historic artifacts is inconsistent with federal maritime principles in at least three material respects:). They then went on to give more details.

Here is the link again.,%20Wrecked%20&%20Abandoned%20Sailing%20Vessel,%20549%20F.%20Supp.%20540%20(S.D.%20Fla.%201982).pdf?redirect=301ocm


I took a look at auction prices for some Mexican eight-escudos and Bogota 2-escudos.  These were the same escudos I posted about in separate posts recently.  At first glance, and within the limited range of the seventeenth and eighteenth centuries, there was no clear relationship between realized prices and age.  It bears repeating that all of the cobs considered were between 1600 and 1800, but within that range there was no obvious strong relationship between price and age.  In order to really detect such a relationship, if there is one, some of the other variables need to be controlled.  At some later time I might get around to doing that.

Given the limited access to the Florida Collection that is available to the citizens of Florida, I find the auction records more useful.  I have access to more complete information through private collections and auction records than through the Florida Collection.  As one person interested in studying our history, it is very fortunate that so much of our history is in private hands and changes hands through public auctions.

Alan Craig's books on the silver and gold coins in the Florida Collection were printed in 2000.  While his books provide some access to information about the Florida Collection, his books are expensive and now 16 years old.  Many coins have been added since that time, and I haven't seen any publication of the coins and artifacts that were added in recent years.


We still have rainy weather, small surf and decreasing tides.

Happy hunting,