6/13/16 Report - $13 Million Worth of Shipwreck Gold Coins. Proof Coins Found in Change. Royal Escudo Rumored Found on Treasure Coast

Written by the TreasureGuide for the exclusive use of treasurebeachesreport.blogspot.com.

Source: FoxNews Science.

Diamond miners recently discovered a ship that went down 500 years ago after draining a man-made lagoon on Namibia’s coast. While shipwrecks are often found along Africa’s Skeleton Coast, this one just so happened to be loaded with $13,000,000 worth of gold coins....

So who gets the gold? “The Namibian government – every single coin,” he said. “That is the normal procedure when a ship is found on a beach. The only exception is when it is a ship of state – then the country under whose flag the ship was sailing gets it and all its contents. And in this case the ship belonged to the King of Portugal, making it a ship of state – with the ship and its entire contents belonging to Portugal. The Portuguese government, however, very generously waived that right, allowing Namibia to keep the lot.”

The above excerpts were taken from the FoxNews story obtained through the link immediately below.


Dean R. sent me that link.

http://www.foxnews.com/science/2016/06/07/500-year-old-shipwreck-loaded-with-gold-found-in-namibian-desert.html?intcmp=trending


David S. sent this link to the same story.

http://www.oldsaltblog.com/2016/06/bom-jesus-gold-shipwreck-beach-diamonds/

Thanks guys!

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Three Proof Quarters and One Regular Quarter.

I got the three proof quarters in change at a Dollar Tree the other day.  They really shine.  Even though the difference does not show really well in the picture, as soon as I saw them I noticed how different they looked - like nothing I ever got in change before.  They turned out to be proof.

Proof state quarters were sold in sets.  There are both clad and silver proof state quarters.  The silver proof state quarters have an S mint mark, but so do some of the clad state quarters.  You can tell the difference by weight.

The silver coins weigh 6.25 grams, and the clad, only 5.7.  The silver proofs would be worth around $11, but if they were certified to a high grade, they would be worth a good bit more.

Watch your change.  People sometimes spend coins out of their collector sets, either not knowing or caring what they have.

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I just received word that a 1714 Royal escudo was just found by one of the Treasure Coast salvage crews.  I have a photo, but don't have details or permission to post yet.

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Fort Pierce is in the news.  The Orlando shooter attended the Islamic Center on Midway Road in White City.  That isn't Fort Pierce's first terrorism connection either.  The first American terrorist to blow himself up in Syria was from Fort Pierce and attended the same mosque.  The shooter had discussions with the other terrorist.

Some of the local old-timers were bothered when the old church building on Midway Road was purchased and a chainsaw was used to cut the cross off of the top of the roof.

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Happy hunting,
Treasureguide@comcast.net

7/3/14 Report - Arthur Heads Towards North Carolina Treasure Beaches, 1711 Royal Escudo and 1953 Class Ring Returned

Written by the TreasureGuide for the exclusive use of treasurebeachesreport.blogspot.com.

1711 Royal
Source: CoinWorld.  See link below.

This Felipe V 1711 gold Royal Cob 8 Escudos, MXo-J, graded MS64 PCGS, sold at a Heritage World and Ancient Coin Auction for over $293,000.

...this coin sheds a little light on the way coins of this period transitioned from hammered to milled coinage and offers up some interesting questions about exactly how and why “Royal Cobs” were made and used during the Spanish Colonial Period.



http://www.coinweek.com/auctions-news/gold-royal-cob-sheds-light-spanish-colonial-coinage-highlights-heritage-world-coin-results/



Here is an article about a college class ring that was returned after being lost 60 years.  It was lost in 1954 in a Texas lake.  The recent drought caused the water of the lake to go down and the ring was found on the surface - no detector.

1953 Class Ring Returned
Source: Daily Mail link.

http://www.dailymail.co.uk/news/article-2677593/University-class-ring-lost-Texas-lake-60-years-ago-returned-owner-lake-bed-following-severe-drought.html

That story reminds us to keep your eyes open while detecting and also to watch for special opportunities.  It doesn't matter whether it is high water, low water, or what, many different types of events can provide new opportunities.

Also, isn't it interesting that the ring didn't sink or get covered, but was found on the surface after all that time.   A rocky surface can do that. 

Fabien Cousteau just emerged after 31 days under water in the Florida Keys.

https://news.yahoo.com/cousteau-grandson-resurfaces-31-days-under-water-100124898.html

Since we're not going to be getting much from Arthur on the Treasure Coast, I looked at the surfing web sites for North Carolina and found one location "Blogue Pier" that had up to a sixteen foot surf predicted.  On top of that, the wind at the time was predicted to be from the North all day.

It looks like the guys that hunt the Outer Banks will be getting ready to hit the treasure beaches up there.

Good luck guys. I won't make it this trip.


We're going to have a few more days of one-foot surf.

Happy hunting,
TreasureGuide@comcast.net