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This is living, right here:

http://www.foxnews.com/science/2015/08/21/divers-recover-45m-in-gold-coin-off-florida-beach/?intcmp=hplnws

Please title the thread appropriately - something less clickbaity.

Thanks!

Does the country of origin have some claim on the treasure? I believe I read somewhere that the country of origin can make claims on funds recovered from sunken vessels in perpetuity, but what I know about treasury salvage is little and less.

 Alpharius wrote:
Please title the thread appropriately - something less clickbaity.

Thanks!

There ha go, although in my mind it's a cool story and they are living the dream.



Automatically Appended Next Post:

Ouze wrote:
Does the country of origin have some claim on the treasure? I believe I read somewhere that the country of origin can make claims on funds recovered from sunken vessels in perpetuity, but what I know about treasury salvage is little and less.

I was checking down in the comments section of the story and someone mentioned that a country of origin can claim contents of military vessels forever, no matter where they are found, which could be a bit of a damper here. Even so, it has to be a heck of a rush finding something like this.

There is a long and interesting article on Wikipedia regarding salvage law.

Not that it would ever happen, but should I find sunken treasure, I ain't telling anybody. I'll take the gold/silver/whatever and melt it down, pour homemade ingots, and send it to a refinery to get back .999 pure bars/rounds.

To hell with any government making a claim. If they were really that concerned about the treasure, they can damned well send in their own navies to do the searching.

Do it in small amounts. Poured such a way when it hardens it looks like it was found in a natural state. Sending your own bars in that are a good amount is going to attract the IRS

Nah. Amateur prospectors do it all the time. Youtube has lots of videos of people panning, smelting, and pouring their own bars. The only reason to send it to a refinery is to get it turned from what is usually 18-22k at best into .999 fine. Ironically it's easier to do this with gold because you can pan for that. Silver actually has to be mined and that's tough as hell to do as an amateur.