Sunday, February 04, 2007

Delaware tech makes $700,000 from Atocha shipwreck coin auction (Cape Gazette, DE)

Delaware Technical and Community College made some serious coin when it auctioned off part of its collection of 17th century Spanish shipwreck finds. Silver and gold coins found at the Nuestra Senora de Atocha ruins, a shipwreck off the coast of Florida, sold in New York City last month were to start the Melvin Joseph-Frank Perdue Memorial Endowment. The $700,000 fund honors the men who donated the valuable coins to the college more than 20 years ago and the proceeds are expected to be used largely for student services at the Owens Campus in Georgetown. . . .

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