Written by the TreasureGuide for the exclusive use of the Treasure Beaches Reports.
A man went digging for worms outside Stockholm and made the discovery of a lifetime: a hoard of up to 20,000 silver coins intermingled with pearls, pendants and silver rings.
The hoard dates to the Early Middle Ages and weighs about 13 pounds (6 kilograms)...
Here is the link for more about that.
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The price of gold is still soaring. Today it was over $2225 at one point. That is sending people back to the gold mines. Below is the beginning of a story about one such gold rush.
Drive an hour south of Kumasi, Ghana’s bustling second city, and before long the dense jungle gives way to denuded hills peppered with rickety timber frames. On every slope, gumbooted workers shovel the tawny earth down to muddy pools in the furrows, from whence the sludge is pumped to the frame’s zenith to gush down a shallow ramp lined with webbed plastic matting. At the base, more workers sweep the outflow with metal detectors.
Several times a day, the incessant din of diesel engines pauses while the mats are delicately removed and placed in outsize tubs for washing. It’s only then that the glistening purpose of this toil materializes through the murky soup: gold—tiny flecks, yet with global prices breaching a record high of $4,000 an ounce, valuable enough to render any other labor foolish by comparison....
Here is the link for the new gold rush.
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In 1869, a discovery in Australia set a world record that still stands today. A pair of Cornish miners unearthed a gold nugget so massive it weighted more than an adult man. The find was so extraordinary that it couldn’t even be weighed using conventional equipment and had to be broken into pieces before its full weight could be measured.Details of this extraordinary event were originally recorded in notes by miner John Deason, which described how the nugget was uncovered and extracted from the ground...
The World’s Largest Gold Nugget Was So Heavy, It Had To Be Broken To Be Weighed
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It would seem there are tons of 1715 Fleet or other similar shipwreck treasure coins for sale in stores around the Treasure Coast. Lucie county. I visited a couple stores last weekend and saw shop cases full or silver reales. Escudos to a much lesser extent. One jewelry store had many coins certified by the West Bay Trading Company in their cases. Another store had many coins, but I didn't see certifications except a very few items with salvage company tags on them. I saw one place offering small worn half reales for over $300 each. I'd bet the store paid a fraction of that price to the seller, but that is how business works.
There seems to be no shortage of silver reales on for sale, yet I never see anyone buying them. I assume they must be bought by someone otherwise I wouldn't think they devote so much retail space for them. The price on nearly all the reales and shipwrecks relics I saw seemed very extreme, so maybe the profit margin is there. I still don't know how their buyers are, but maybe the tourists like them as souvenirs.
Then there are all the coins for salve by the auction houses like Sedwicks.
Unfortunately, beach found reales lack the appeal of of being certified to a shipwreck and salvage company. Still, you can get them certified by West Bay or I suppose by coin certification companies.
It hasn't been easy to find treasure coins on the beach lately. The challenge remains high for the beach metal detecting. Too challenging for some.
For each individual there must be a sweet spot. The game, if you look at it that way, has to be somewhere between challenging and or discouraging or seemingly impossible. Some people can tolerate longer odds than others. Some people like a difficult puzzle. Others need an easy, or at least a fairly occasional victory, to keep going. But there is a challenge, and a big part of what makes it fun.
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Did you know...
Thousands of people win lotteries every year across various games and countries. These include both jackpot winners and those who win smaller prizes.
The number of winners depends on the type of lottery, ticket sales, and how many prize tiers are offered. For example, games like Powerball and Mega Millions in the U.S. have multiple prize levels, meaning many people win something in each draw—even if it's not the jackpot.
Jackpot winners are rarer. For instance, in the U.S., there have been hundreds of jackpot winners in major games since their inception, but not millions.
That is what google says.
That is a pretty vague of general answer. There is a big gap between "hundreds" and "millions."
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Here is another article on one of this year's big salvage success. You've probably read about it before, but here it is again.
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Did I mention that both Walton Rocks and Blind Creek were closed Monday. Blind Creek is getting a big makeover, including a large, paved parking area. I think it is likely they were improving the access road at Walton Rocks, but don't know for sure. It was terrible the last time I was there.
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I was planning on doing the series on How Coins Move post in a daily sequence, but that is too restrictive, xo I'm going to do one as often as I can and then patch them together, maybe into a single post at the end.
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| Source: SurfGuru.com. |
The Treasuere Coast surf didn't look as rough today, but will pick up a little tomorrow. The King Tides remain big.
Good hunting,
Treasureguide@comcast.net