Friday, June 03, 2011

Even Recovered, the S.S. Central America's Shipwreck Gold is Still a Mystery

Investors still have no return on treasure salvaged in 1988-89

The proposal seemed preposterous: Tommy Thompson, an engineer and shipwreck-enthusiast, said he could find a steamer that had sunk in 1857 off the Carolina coast with 21 tons of gold in its hold.

Wealthy central Ohio men and women listened, and one by one anteed up money so Thompson's expedition could move forward. The chance that Thompson would find the ship was one in a million, they knew. On the other hand . . .

Full story at: The Columbus Dispatch

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