Written by the Treasureguide for the exclusive use of the Treasure Beaches Report.
This week, the archaeology team completed unearthing the hull of the wreck, right in the nick of time.
Archaeologists believe it to be the wreck of the Caroline Eddy. It was a cargo ship built in Maine for the Union Army during the Civil War. It was later used as a merchant ship.
In 1880, the Caroline Eddy departed from Fernandina Beach, heading toward Philadelphia, full of lumber. It sailed into a hurricane and eventually hit a sandbar off the coast of Matanzas Inlet...
In November, a nor’easter's winds and waves pushed the sand off part of the ship’s hull. It had been buried for decades.
This week, the team finished uncovering the hull...
Here is the link for the rest of the article.
AN UNDERWATER exploration group says it has detected 13 shipwrecks - one a billion-dollar find - in Bahamian waters with the Government having quietly given a salvage licence to another operator.
BSD Global Exploration, whose principals include former US ambassador to The Bahamas, Ned Siegel, says satellite technology able to locate minerals and precious metals some 26,000 feet below ground or the ocean surface has identified multiple sites of potential economic and historical significance to The Bahamas.
A presentation by the group, which has been seen by Tribune Business, asserts that just one shipwreck alone could have five tons of gold - worth an estimated $1bn - sitting on The Bahamas’ ocean floor.
“BSD Global Exploration scans cost between $1m and $1.5m per each search per metal or substance,” the presentation said. “We have done a search of your waters and found the following results.
“Thirteen shipwrecks including one shipwreck from the 1715 fleet with about five tons of gold on the ocean floor. Estimated total is $1bn.”
However, BSD Global is far from alone in seeking potential riches on the Bahamian seabed. For Joshua Sears, the Prime Minister’s senior policy adviser, has confirmed to Tribune Business that an underwater exploration/salvage licence has already been issued to Carl Allen, the multi-millionaire Walker’s Cay owner, and his company...
Civil War shipwreck 'The Caroline Eddy' unearthed in Florida | firstcoastnews.com
You might recall the high water and finds we had on the Treasure Coast back in November.
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AN UNDERWATER exploration group says it has detected 13 shipwrecks - one a billion-dollar find - in Bahamian waters with the Government having quietly given a salvage licence to another operator.
BSD Global Exploration, whose principals include former US ambassador to The Bahamas, Ned Siegel, says satellite technology able to locate minerals and precious metals some 26,000 feet below ground or the ocean surface has identified multiple sites of potential economic and historical significance to The Bahamas.
A presentation by the group, which has been seen by Tribune Business, asserts that just one shipwreck alone could have five tons of gold - worth an estimated $1bn - sitting on The Bahamas’ ocean floor.
“BSD Global Exploration scans cost between $1m and $1.5m per each search per metal or substance,” the presentation said. “We have done a search of your waters and found the following results.
“Thirteen shipwrecks including one shipwreck from the 1715 fleet with about five tons of gold on the ocean floor. Estimated total is $1bn.”
However, BSD Global is far from alone in seeking potential riches on the Bahamian seabed. For Joshua Sears, the Prime Minister’s senior policy adviser, has confirmed to Tribune Business that an underwater exploration/salvage licence has already been issued to Carl Allen, the multi-millionaire Walker’s Cay owner, and his company...
Much more to that article. Here is the link.
Thanks to DJ for both of those links.
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| Source: nhc.noaa.gov. |
The area out in the Bahamas will probably develop some. I'll be watching that area farther out in the Atlantic, but it is too soon to say much about it. I'm not expecting much, but it could become a big concern.
The area just to our east might bring us some higher surf in a few days.
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| Source: MagicSeaWeed.com. Notice the increase in the surf early next week. That will probably change some, one way or the other, by the time we get there. |
Happy hunting,
TreasureGuide@comcast.net