Tuesday, January 10, 2017

GOLD - SS CENTRAL AMERICA

10 January 2017: This story just won't go away.....  and in case you might think you are experiencing deja vu, we did post about this a couple of years ago. This is a recap with a bit of new info.... So, remember this ship?

 Yep, SS Central America. And here's what made her famous and started this whole story which has dragged on since about 1988...


Right; she sank off the coast of the United States. And nobody got to her until 130 years +/- later. Here's the story:


As a mail steamer called the S.S. Central America chugged along the Atlantic coast In 1857, bound for New York, it was hit by a hurricane off the coast of South Carolina. More than 400 people died, 38,000 pieces of mail were lost, and an estimated 21 tons of gold — a huge portion of the national wealth recently prospected in the California Gold Rush — plunged to the bottom of the Atlantic after a sinking that took upwards of 40 hours. The shipwreck took with it so much commercial gold, and so many newly-rich gold prospectors, that the incident triggered a downturn in the U.S. economy that wasn't righted until after the Civil War.

And you'd better believe people tried to find and retrieve the "Ship of Gold," as it became known. For 130 years, treasure hunters scoured shallow waters of the Atlantic off the coast of the Carolinas for signs of it, but nobody had any luck even estimating the location of the wrecked ship. Nobody, that is, until 1988, when an Ohio engineer named Tommy Thompson found the shipwreck — with relative ease, apparently. 


Convincing 160 investors (mostly from his home state of Ohio) to give him almost $13 million to invent a robotic device to find and retrieve the loot from beneath 8,000 feet (2,438 meters) of open ocean, Thompson became a hero. 

Thompson - then


 The ship was located by the use of Bayesian search theory and a remotely operated vehicle (ROV) operated by the Columbus-America Discovery Group of Ohio, that was sent down on 11 September 1988.[3] Significant amounts of gold and artifacts were recovered and brought to the surface by another ROV built specifically for the recovery. Tommy Gregory Thompson led the group. Thirty-nine insurance companies filed suit, claiming that because they paid damages in the 19th century for the lost gold, they had the right to it. The team that found it argued that the gold had been abandoned. After a legal battle, 92% of the gold was awarded to the discovery team in 1996.[4]


 




The total value of the recovered gold was estimated at $100–150 million. A recovered gold ingot weighing 80 lb (36 kg) sold for a record $8 million and was recognized as the most valuable piece of currency in the world at that time.[5] Thompson was sued in 2005 by several of the investors who had provided $12.5 million in financing, and in 2006 by several members of his crew, over a lack of returns for their respective investments. Thompson went into hiding in 2012, and was located in January 2015, along with assistant Alison Antekeier, by US Marshals, and was extradited to Ohio, to provide an accounting of the expedition profits.[4][6][7][8]
 


A receiver was appointed to take over Thompson's companies and, if possible, salvage more gold from the wreck,[6] in order to recover money for Thompson's various creditors.[4] In 2014, Odyssey Marine Exploration was selected to undertake the salvage.[9] The original expedition only excavated "5 percent" of the ship.[4]
 
More Recent image of Tommy



Then, in 2012, when Thompson was called into court yet again, he didn't show up. A warrant was issued for his arrest, but when the police tried to find him, they found instead that he had disappeared completely. And catching him and his girlfriend Alison Antekeier was difficult; not only is Thompson smart, he had "almost limitless resources and approximately a 10-year head start," Peter Tobin, U.S. Marshal for the Southern District of Ohio, told the Chicago Tribune.
When it came to disappearing, Thompson and Antekeier did everything by the book, literally. Specifically it's a book called "How to Be Invisible," which was found in Thompson's rented Florida mansion (paid for with damp cash, according to the landlord) that they fled in 2012, leaving behind nothing but some boxes of papers, several disposable cell phones, and money straps marked for amounts of $10,000. After a manhunt spanning two years, police found Thompson and Antekeier living in a $200-per-night hotel near West Palm Beach. Although the police celebrated the capture, it turns out they weren't much closer to finding the treasure.





Fast forward 28 years, and Tommy Thompson, once celebrated as the genius who recovered a significant national treasure, sits in an Ohio jail cell, refusing (or unable) to tell the authorities where he hid the gold.



In case you're interested, when an enormous treasure is discovered, it's no simple matter parsing out who it belongs to. When Thompson and his crew first discovered the wreckage of the Central America, legal troubles arose almost immediately. Insurance companies claiming to have insured the ship in the 1800's, for instance, immediately sued for a cut of the profits. In 2000, when Thompson sold a portion of the first 3-ton haul for an estimated $50 million, the investors who had funded the expedition sued him for their share of the gold (they haven't seen an ingot of it yet). 



Thompson is currently sitting in an Ohio jail cell, incurring a $1,000-per-day fine. That's on top of the $250,000 stemming from a criminal contempt charge and 208 hours of community service he was slapped with for not showing up in court in 2012. And while Thompson sits in jail, the wreckage of the S.S. Central America remains at the bottom of the ocean. Subsequent expeditions have turned up even more treasure, like on a 2014 foray by the recovery outfit Odyssey Marine Exploration.

But although he remembers a lot about his discovery, Thompson says he can't remember where he hid the remaining gold he didn't sell. He's even been given back his papers confiscated in 2012 so that he can try to put together the story, but he's not budging. An Ohio court has ruled he is faking his memory problems, but the fact remains: for now, most of the treasure from the SS Central America is lost — again.



Sounds like a Mexican stand-off to me! But who knows? Maybe he'll have a "come to Jesus" moment and suddenly recall where the loot is hidden. It sure ain't doing him any good in jail!

Until next time, 
                                              Fair Winds,
                                                    Old Salt



Wednesday, January 4, 2017

HMS EREBUS CONTROVERSY

4 January 2017: Well, in spite of our best intentions, Christmas and the New Year arrival, along with moving to winter quarters, got in the way of another post before the year changed. Sorry about that, but now 2016 is in the wake and we look forward to a bright, shiny new year filled with the prospect of exciting new adventures and topics of interest to you, our readers - which now, by the way, number more than 37,000! Not sure why but I hope there isn't a computer out there somewhere logging into the site everyday to pump the stats! Or perhaps, Russia is hacking us! (No offense Russian readers - just joking about the current wave of paranoia in the world!)

Anyway, just before the year changed, the discovery and partial salvage of HMS Erebus and HMS Terror in Canadian waters hit the maritime news again. You perhaps recall we have posted several times about the story behind these two Franklin expedition ships lost in the Canadian ice pack in 1848. 

HMS Erebus in better times
It seems a bit odd to be sure, but the first exhibit of the artifacts recovered from the wrecks will be displayed not in Canada as one might expect, but rather in England. The following article lightly edited from CBC news explains....

The first major exhibition of artifacts from the sunken Arctic wreck of HMS Erebus is planned during Canada's 150th birthday next year — but Canadians will have to travel to Britain to see it.

The Franklin expedition show, sponsored in part by the Canadian Museum of History, will debut in 2017 at the National Maritime Museum in Greenwich, England, CBC News has learned.


The British unveiling is the latest twist in a controversy over ownership and control of unique artifacts from Sir John Franklin's 19th-century quest for the Northwest Passage.

Inuit organizations claim co-ownership rights and have demanded the objects be displayed locally in Gjoa Haven, Nunavut.

But the Canadian Museum of History says the only Canada-based exhibition of the artifacts is set for Gatineau, Que., in March to December 2018, the year after sesquicentennial celebrations.



Ceramic plates and tunic buttons recovered from the wreck of HMS Erebus are displayed at the Canadian Museum of History in May 2015. The objects are among 54 retrieved from the ship whose ownership is in dispute. (Adrian Wyld/Canadian Press)



A few of the 54 artifacts that Parks Canada divers retrieved from HMS Erebus were shown to the public over the Victoria Day weekend in 2015, at the museum's Gatineau, Que., building. They were all submerged inside seawater tanks to help preserve them before restoration could begin.


A replica of the ship's bell was presented at the Royal Ontario Museum in Toronto on Dec. 18, 2014, created using a 3D printer.


The 6,000-square-foot Greenwich exhibition will include up to 22 Erebus objects, shown alongside the National Maritime Museum's existing collection of Franklin-related material.


The Erebus artifact ownership dispute was heightened with the September discovery of the sunken wreck of the second ship, HMS Terror, from Franklin's infamous Arctic expedition that left England in 1845. No artifacts have been retrieved yet from that wreck.


Exception of gold

Canada signed a memorandum of understanding with the United Kingdom in 1997, acknowledging that Britain owned the Franklin wrecks and their contents whenever they might be found. Britain agreed to assign ownership of artifacts to Canada, with the exception of any gold or any objects of "outstanding significance to the Royal Navy."

Britain also agreed to compensate Canada "all reasonable costs associated with the recovery, conservation and transportation of such artifacts."


'This bell is jointly owned by the government of Nunavut and the Inuit Heritage Trust.' - Nunavut Premier Peter Taptuna asserting his government's claim to the ship's bell of HMS Erebus  







Canada wants Britain to sign a clearer, "legally binding" memorandum of understanding, as well as an ownership-transfer protocol, and a third agreement on loans and research.

In the meantime, Inuit groups and the government of Nunavut have each demanded that Ottawa recognize their ownership rights over the artifacts. They say those rights arise from Article 33 of the 1993 Nunavut Land Claim Agreement, which includes the icy seas where the ships eventually sank after becoming entrapped in ice in 1846.


Parks Canada, the lead government agency, recently acceded to the demands of the Inuit for eventual co-ownership, even though legal counsel advised that the land-claims deal does not apply to the Erebus artifacts.

By accepting Inuit co-ownership "beyond strict legal interpretation," Parks Canada is helping to renew relationships with Aboriginal people, part of Canada's commitment to the United Nations Declaration on the Rights of Indigenous Peoples, says an internal policy document from August.
Parks Canada, however, has not accepted Nunavut's co-ownership claims. "More policy analysis is required to determine the government position with respect to the [Nunavut's] claim to ownership," says the document.

Parks Canada spokeswoman Meaghan Bradley said no agreement has been reached yet with Britain, which is still the sole owner of the artifacts. "We continue to work in good faith of future co-ownership of the Franklin artifacts," she said.

And the plot thickens as the contest continues..... should anymore information about this controversy surface, we will try to provide it for you.  

Again we want to wish you all a happy, healthy, and prosperous new year and we will see you again next time.

                                  Fair Winds,
                                     Old Salt