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They dig for gold in Panama Holy Waters Email

Monday, 18 February 2013 11:51

Ocean_XThe meeting with the chiefs. Dennis Åsberg and Peter Lindberg, back row, met with representatives of the tribe Kuna Yala in January. The plan is to start diving later this year. Photo: Ocean X Team


By Johanna Ekström

After the discovery of the mysterious circle in the Baltic Sea - now Ocean X Team is the first company to ever get the chance to literally start digging gold in the Indians' sacred waters off Panama's coast.

From the 1500s to the 1700s both commercial and Spanish warships loaded with gold and diamonds only to be wrecked in these waters, said Dennis Åsberg at Ocean X team

The coastal strip and the waters that run along the Panamanian coast down to Colombia belong to the Indian tribe Kuna Yala. The waters are sacred to Indians who have never allowed any treasure hunters to dive there - until now.

After seeing reports on the Ocean X Team and the mysterious circle they discovered in the Baltic Sea, which was a first for the world, last year contacted the Indians team.

We could hardly believe it was coming true; this is such a huge project. But they felt that we were trustworthy, we are a small Swedish company, said Dennis Åsberg in Ocean X team.

In January, he and Ocean X Team's second owner traveled to Panama and met the Indian chiefs. In May, they will head back there again and sign the final agreement. The project will then last for the next ten years.

Dennis Åsberg says Portobello in Panama was for several centuries, from the 1500s to the 1700s, the port where the Spanish ships were loaded with gold and diamonds that were to be shipped to Europe.

He would not go into the exact shipping or treasure they expect to find - more than the wrecks are incredibly valuable.

The Indians have an eye on the wrecks, but they have not had the resources or opportunities. They did not dare let any American or European companies salvage them because they have been afraid of being cheated.

Sure, we will make good money on this, but our task is to salvage and return the treasure to the proper owners, the Indians. It is a great honor, says Åsberg.


Courtesy Expressen

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Lots of treasure hunting at McAuliffe-Shepard Discovery Center Email

Saturday, 09 February 2013 14:47


Avah LaSage (right), 6, and Rivkah Valley (left), 7, pan for fool's gold in part the new Treasure exhibit at the Discovery Center in Concord; Friday afternoon, January 25, 2012. It was the girls' first time at the Discovery Center. Their mothers Tavia LaSage and Kathy Valley homeschool them and said they will definately be spending more time at the museum in the future.


By MELANIE PLENDA For the Monitor

CONCORD, NEW HAMPSHIRE - Whether it be gold stashed at the bottom of the briny blue or the dusty knick knack in your grandma’s hope chest, treasures can be found anywhere and can be anything.

The McAuliffe-Shepard Discovery Center will host the exhibit “Treasure!” over the next several months, exploring the history of treasure, treasure hunting, the stories behind the people who go on the hunt as well as the latest in technology that helps hunters find their cache.

“We thought this would be a cool exhibit to get,” said Timothy Taber, education coordinator of exhibits at the center. “It’s something a little bit different than something we would normally do and has a lot of fun interactive things.”

The exhibit includes themes such as underwater treasure, buried treasure, gold rush, treasure in the attic, geocaching and metal detecting among others. Each of the themes also has corresponding hands-on activity that allows kids to try treasure hunting.

“We had a lot of fun,” said Sarah Ricker Foynes, a mom who posted on the museum’s Facebook page. “My kids especially liked shooting the cannon balls and using the metal detectors.”

The exhibit also features actual artifacts from shipwrecks and other treasure sites, officials said, and visitors can go on a real hunt for a treasure chest inside the exhibit.

“When they designed this exhibit, they wanted to cover several different ways that people view treasure,” Taber said.

Read more: Lots of treasure hunting at McAuliffe-Shepard Discovery Center

Lost treasure: Billings woman hopes for return of Spanish coin Email

Wednesday, 06 February 2013 15:18


By Greg Tuttle

The silver Spanish coin that Harold Holden found while diving off the Florida coast had been missing for nearly 300 years.

Now it's missing again, and his family would like it returned.

Holden, a Florida construction supervisor whose hobby was diving for treasure, died Jan. 10 in a Red Lodge nursing home at age 88.

When his sister, Evelyn Grovenstien, of Billings, went the next day to collect his belongings, the silver coin Holden wore daily on a chain around his neck was gone.

"He wore it all the time," Grovenstien said. "I don't think he hardly ever took it off."

Read more: Lost treasure: Billings woman hopes for return of Spanish coin

Making money: Five life-changing finds from a walk in the wild Email

Tuesday, 05 February 2013 15:40

By Sedem Ama

UK - A man walking his dog on a beach found a stone believed to be valuable sperm whale vomit, or ambergris, this week.He has been told it could be worth anything from £40,000 to £100,000 because it is such a vital and rare perfume ingredient. But Ken Wilman's find (more below) is only the latest of unusual and highly valuable discoveries made by walkers.

We have compiled five of the most surprising "treasure in disguise" finds.

1. 1992 – Hoxne Hoard

Although it is typical for findings to consist of gold artifacts, the circumstances in which the Hoxne Hoard was acquired were very unlikely. Found in Suffolk, the Hoxne Hoard was discovered when two men went in search of a lost hammer.

Eric Lawes immediately reported the discovery in November 1992 and after a full excavation over 15,000 gold and silver Roman coins were identified, accompanied with gold jewelry and various small items of silver tableware. It is thought were buried in the fifth century AD.

Mr. Lawes received a finder's fee of £1.75m, which was shared equally with his friend who was with him when the hoard was found. It is said that this is the largest payment ever granted to a treasure hunter.

2. 2001- The Ringlemere cup

A rare gold chalice was found by metal detector hobbyist Cliff Bradshaw in a field near Ringlemere, East Kent. Later identified as the Ringlemere cup, it is a product of immaculate craftsmanship from the Bronze Age, dating from 1700-1500 BC.

"That is how most items are found, by chance, by a chap going around," Mr. Bradshaw told the BBC.

Upon finding the chalice, Mr Bradshaw found that it had already been significantly damaged.

"I didn't do any more searching or digging - I would have been destroying the context," he said.

Even though the cup was discovered in a crumpled condition, it was eventually purchased by the British Museum for £250,000, which was divided by Mr. Bradshaw and the landowner.

Read more: Making money: Five life-changing finds from a walk in the wild

Odyssey's Record-Breaking Recovery to be Featured on Discovery Channel Email

Thursday, 31 January 2013 15:39

Tampa, FL - January 23, 2013 - Odyssey Marine Exploration, Inc. (NasdaqCM: OMEX), pioneers in the field of deep-ocean exploration, will be featured on Discovery Channel’s SILVER RUSH, a series premiering on February 12 at 10 PM ET.

Film crews for the Discovery Channel series were onboard Odyssey’s ships during 2012 operations and captured the record-breaking recovery of 48 tons of silver bullion from the Gairsoppa site. JWM Productions, the company that produced Discovery Channel’s TREASURE QUEST also featuring Odyssey, produced the three-part series that showcases Odyssey’s work on the Gairsoppa, Mantola andVictory during 2012.

“Part of our mission is to share the excitement of what we do with the general public. 2012 was a special year for our team as we set out to conduct recovery operations on a shipwreck that was over three miles deep – deeper than theTitanic and something that had never been accomplished before,” said Mark Gordon, Odyssey President and COO. “Our team successfully accomplished the record-breaking recovery of 48 tons of silver bullion - the heaviest and deepest recovery of precious metals in history.”

“Seeking and discovering shipwrecks is fascinating and challenging so to witness the trials and triumphs of the crew hundreds of miles off shore makes gripping television. SILVER RUSH will give viewers a first-hand look at the planning, precise maneuvering of advanced robotics three miles deep, and the ingenuity of the team,” said JWM President Jason Williams. “Finding the shipwreck was a sensational news story, but the story of this team’s ‘never give up’ attitude to carry out the operation that took place this year is what I think will really captivate the audience.”

Read more: Odyssey's Record-Breaking Recovery to be Featured on Discovery Channel

Hunt for gold on Titanic sister ship grounded by ruling Email

Tuesday, 29 January 2013 17:27

By Laurel J. Sweet / Boston Herald

070605rmsrepublicgold01Treasure hunter Martin Bayerle’s quest to recover billions in gold and silver he believes went down with a sister ship of the Titanic 50 miles off Nantucket more than a century ago has run aground with a judge’s scuttling of his lawsuit against a maritime historian he believes holds blueprints to the ship crucial to his mission.

Bayerle located the White Star luxury liner RMS Republic in her watery 270-foot grave in 1981 and was awarded the exclusive salvage rights to the wreck in 2005 by now retired U.S. District Court Judge Nancy Gertner. The court last year ordered Thomas McCluskie of Northern Ireland to turn over the Republic’s plans, detailing every deck and compartment. Until he suffered a stroke in 1997, McCluskie was an archivist for Harland and Wolff, which built the Republic, as well as the Titanic. When McCluskie didn’t submit the papers, Bayerle sued.

McCluskie asserted in an affidavit last year, “I have absolutely no knowledge of the whereabouts or indeed the continued existence of the general arrangement drawings for the RMS Republic,” adding he believes they “were destroyed several years ago.”

Last Thursday, on the 104th anniversary of the Republic’s Jan. 24, 1909, sinking in a collision with the Italian liner SS Florida, Judge Nathaniel M. Gorton dismissed Bayerle’s suit, stating “it would be extremely difficult and costly” for McCluskie, in ill health, to travel here to defend himself.

McCluskie’s attorney, Edward J. McDonough Jr., declined comment. Bayerle’s lawyer did not respond to requests for comment.


Courtesy Boston Herald

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Low lake levels leave plenty of ground for metal detectors to cover Email

Sunday, 20 January 2013 17:29


Larry Dobbs uses a metal detector Thursday as he looks for lost items at Lake Hefner in Oklahoma City. Area lakes are very low because of the recent drought.


By Robert Medley

On a crisp, sunny day on the west side of Lake Hefner, Larry Dobbs walks on what once was water.

His metal detector makes a long beep followed by several short beeps. He's found something under the soft soil. With a trowel he digs up a 2-ounce lead fishing sinker.

Nearby, Dan Pierce is slowly swinging his metal detector back and forth.

“I've got money,” Pierce said. He digs up a copper penny. It's the start of this day's hunt.

Treasure hunters in Oklahoma have found more ground to cover because of extended drought. On dry lakeshores, where the water used to be, metal detectors are finding collectible items.

Read more: Low lake levels leave plenty of ground for metal detectors to cover

Carlisle Borough Council votes against ban on metal detectors Email

Sunday, 20 January 2013 17:01

By Lauren McLane | Special to PennLive

PENNSYLVANIA - A failed effort to ban the use of metal detectors could spur guidelines for this hobby in Carlisle.

Borough Council on Jan. 10 voted unanimously against a motion to have the borough solicitor draft and advertise an ordinance to prohibit the use of metal detectors in the borough’s parks.

“Why are we doing this? I feel this is a solution to a problem we don’t have,” Council Member Matt Madden said before the vote.

Borough Manager Matt Candland said that since staff could see liabilities associated with metal detectors, they thought it best to ban in.

Jeff Farr, of Mount Holly Springs, said he had sparked a debate over metal detectors in the first place.

He said he had called the borough expecting to be told to get a permit, as state parks require, or that only certain parks were open to metal detecting.

“I’ve seen people doing it here. I was just trying to follow the rules,” he said.

Council Member Tim Scott said he hoped staff would work with Fair and the Parks and Recreation Committee to draft guidelines.

Robin Guido, chairman of the borough’s parks and recreation committee, made the motion.


Courtesy PennLive

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Prospector strikes 5.5kg gold nugget Email

Thursday, 17 January 2013 11:48

 Ballarat gold dealer Cordell Kent with the 5.5kg gold nugget. Picture: David Caird Source: Herald Sun

By Jessica Evans

BALLARAT, AUSTRALIA - The "incredibly rare" nugget was found 60cm underground by a prospector, who wishes to remain anonymous, on Wednesday.

Ballarat Mining Exchange Gold Shop owner and dealer Cordell Kent said the prospector heard a faint noise on his detector and removed a dense pile of leaf mulch before he started digging.

"He thought he had detected the bonnet of a car when he saw a glint of gold," Mr Kent said.

"He cleaned the top of it and the gold kept expanding and expanding ... he saw more and more gold ... he couldn’t believe what he was seeing."

Read more: Prospector strikes 5.5kg gold nugget

Brouhaha over the ‘Marcos Loot’ Email

Sunday, 13 January 2013 15:25

By Perry Diaz (California)

THE PHILIPPINES - The Hunt for the fabled “Marcos Loot” is beginning to look like an Indiana Jones sequel. The only difference is that this one is for real with real life characters, tons of real gold bullions, and a 2,000-pound solid gold Buddha filled with real diamonds, emeralds, and other precious stones that would make the Queen of England look like a pauper. 

And after three decades of hunting for the Marcos Loot that began the day the late President Cory Aquino kicked the Marcoses out of power, the hunt is finally coming to an end during the presidency of her only son, Benigno Aquino III. Not that the Marcos Loot has been recovered but that the government had seemingly lost the will to continue the hunt. 

Read more: Brouhaha over the ‘Marcos Loot’