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Hunt for gold on Titanic sister ship grounded by ruling Email

Treasure
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

Treasure
Sunday, 20 January 2013 17:29

Larry_Dobbs

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

Treasure
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

Treasure
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

Treasure
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’

Staffordshire Hoard duo in fresh windfall from new ‘treasure’ finds Email

Treasure
Saturday, 12 January 2013 14:41

Terry Herbert from Burntwood, Staffordshire, with some of the pieces which made up an Anglo-Saxon hoard. Photo: PA

By Andrew Hough

UK - More than 80 Anglo-Saxon gold and silver items found buried in a field near Lichfield were ruled to be part of a collection dubbed the Staffordshire Hoard.

After they were yesterday declared a treasure trove, experts from British Museum's valuation committee were instructed to assess their worth.

Staffordshire County Council and neighboring councils will also attempt to raise the money to buy the new items, which date to the 7th century, for the nation.

The haul will likely to end up in museums with the original Staffordshire Hoard, which was found in a field in 2009 by metal detectorist Terry Herbert, 57.

Read more: Staffordshire Hoard duo in fresh windfall from new ‘treasure’ finds

Craig Suits and Lilith Eden Pen New Book on Entertaining Hobby, ‘Treasure In Your Backyard’ Email

Treasure
Friday, 04 January 2013 11:17

Westwood, NJ (PRWEB) - Treasure hunting has fascinated children and adults for years with the idea of going on a high adventure and finding lost gold and ancient artifacts. Treasure hunter Craig Suits partakes in this entertaining hobby, but with the absence of pirates and curses. Ever since he built his first metal detector from a kit 45 years ago. he has been hunting for treasure everywhere he goes. It soon became a lifelong hobby that he not only had fun with, but also found profit in. Now to share his love with others, along with the help of editor Lilith Eden, comes their new book, “Treasure In Your Backyard” (published by AuthorHouse).

“Treasure In Your Backyard” is an instructional book designed to inform readers of the fun and profit that treasure hunting can provide for almost anyone. Suits teaches readers the basics needed to begin their own treasure hunt, from the equipment needed and instructions on using a metal detector to insights on where to and where not to search. He even shares a number of personal stories from his own exciting experiences.

“I would like to inspire and educate readers that aren’t accustomed to treasure hunting with metal detectors and to provide readers with a great and free life-long hobby that will always be the source of at least a few dollars,” Suits explains. “A lot of fun, great exercise and the possibility of discovering items worth thousands, especially when gold is selling at around $1800 an ounce these days.”

Treasure In Your Backyard” 
By Craig Suits and Lilith Eden 
Softcover | 5 x 8 in | 64 pages | ISBN 9781468529500 | 
E-Book | 64 pages | ISBN 9781468529494 | 
Available at Amazon and Barnes & Noble

About the Authors 
Craig Suits is also author of the book, "[Up One Level." He supplies 45 years of field experience and technical know-how in the field of treasure hunting with a metal detector. Lilith Eden has bachelor’s degrees in anthropology and history.

AuthorHouse, an Author Solutions, Inc. self-publishing imprint, is a leading provider of book publishing, marketing, and bookselling services for authors around the globe and offers the industry’s only suite of Hollywood book-to-film services. Committed to providing the highest level of customer service, AuthorHouse assigns each author personal publishing and marketing consultants who provide guidance throughout the process. Headquartered in Bloomington, Indiana, AuthorHouse celebrated 15 years of service to authors in Sept. 2011.For more information or to publish a book visit authorhouse.com or call 1-888-519-5121. For the latest, follow @authorhouse on Twitter.

2 treasure hunters buried alive Email

Treasure
Thursday, 03 January 2013 11:38

PHILIPPINES - December 24, 2012 - Two men were buried alive when the tunnel they were in for a treasure hunt collapsed on them in Maharlika Village, Ma-a, Davao City Saturday evening at around 6 p.m.

The victims were identified as Arlie Torres, 42, married, carpenter and resident of Purok 35, Maharlika Village and Ranulfo Vitor, 33, laborer and resident of Purok 25, Butil Escuatan, People's Village, Ma-a.

The initial investigation of the Talomo police revealed that the victims were on a treasure hunt, digging a hole with an area of 36 square feet and a depth of around 16 feet near the fence of Las Terrazas.

While the victims continued to dig, the land suddenly collapsed burying them alive. The companions of the victims who were identified as Ricky and Leonardo Dagatan, tried to rescue the victims. However, they were unsuccessful as water continued to rush in and fill the hole.

Further investigation revealed that the victims have been digging the hole for almost a month.

Personnel of Central 911 Rescue Team, City Engineer's Office and officials of Barangay Ma-a are still conducting rescue operation.

Police are now conducting follow up investigation to identify the persons who ordered the digging of the said site. (RPSA)

 

Courtesy SunStar

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Avoid Cash for Gold Scams During the Holidays Email

Treasure
Friday, 14 December 2012 14:22

Pittsburgh, PA (PRWEB) December 13, 2012

The holiday season is fast approaching and people all over are selling and buying gold, silver, jewelry, and coins. Some of these sales and purchases are through reputable vendors, but many are not. Treasure Hunt Coins Inc., a company 50 years in the business, has created a check list to help consumers make educated decisions and avoid scams when buying and selling jewelry .

In the summer 2012 edition of In Community magazine, Treasure Hunt Inc. identified, “In 2002, an ounce of gold was worth less than $300. Now, ten years later, that same ounce of gold is worth over $1,600.” It’s important to know the worth of your gold when selling to precious metal buyers.

Treasure Hunt Recommends the Following Helpful Tips When Buying and Selling Gold, Silver, Jewelry and Coins.

Read more: Avoid Cash for Gold Scams During the Holidays

Treasure hunter Barry Clifford fights state on wreck Email

Treasure
Thursday, 13 December 2012 13:56

By STEVE DOANE

In March 1804, the Semiramis, a 120-foot schooner, was headed home to Newport, R.I., from a trade journey when it ran aground in Nantucket Sound and slowly sank.

The ship was returning from a two-year voyage from New England to South America, then the Pacific Northwest to China.

Thirty hours after striking the shoal, the Semiramis disappeared under the waves, taking with it one sailor and hundreds of thousands of dollars’ worth of gold, silver and Chinese porcelain, among other cargo.

Now, the shipwreck is at the center of a case in federal court involving longtime treasure hunter Barry Clifford.

Clifford's Provincetown-based company, Vast Explorer Inc., and the Massachusetts Board of Underwater Archaeological Resources were both in U.S. District Court in Boston on last week for a brief hearing on a salvaging rights lawsuit the company filed in 2009.

Read more: Treasure hunter Barry Clifford fights state on wreck