Gold Bullion Pirate Treasure

Today gold bullion bars come in all shapes and sizes, historically though gold was not so varied. One of the main reasons many ships sank from the 16th to 19th centuries was due to their heavy gold loads which made them very unstable.

Around the coastline of Spain in particular there is estimated to be over 700 shipwrecks still containing their precious gold, silver and bronze loads. Many of these ships belonged to pirates who had plundered and stole their cargo and then sank in hazardous storms. It is estimated that over £73 billion worth of sunken treasure lays undiscovered.

Elsewhere around the world the Florida coastline has been given the nickname of the Treasure Coast due to the discovery of numerous sunken wrecks. Recently over $150,000 worth of gold bullion coins were found dating back to 1698 and are thought to be part of the Lost Spanish Fleet which went down around 1715.

Link to this article: : http://www.goldmadesimplenews.com/gold/gold-bullion-pirate-treasure-169/

Posted by on Sep 10 2010. Filed under Gold News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Leave a Reply

The Atlas Pulse Report