Columbia: They are historic Galleon with shipment of gold valued at $10,000 million

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President Juan Manuel Santos -
"There are a lot of owners who are now popping up.
No sir, this is the Colombian people’s cultural heritage”
 

And Like I have previously stated...
This wreck was found 30 years ago.
And will also be pursued by the party who found it originally.
 

And I, as Italian and Roman, I want to return all the monuments of the Iberian Peninsula and the Romance language ..... (hehehehe)! Gentlemen please consistency!
 

What would $10 million in treasure from back in those times be worth today? Any real numbers?
 

Million silver coins minted in Potosi not worth billions! As much $ 100 each. Everything can be worth 600/700 million.
 

If this is the case, where do the figures of $4 to $17 billion come from that I see floating around? Is it because of the gold, emeralds and private registered and unregistered treasure? That seems to be an awfully large jump in value...
 

Sea Search had over 100 investors with over 10 million invested at the time of the original hit 30 years ago...
This was talked about over and over in certain circles when thy got "duped"...
So...
That being said...
There is a large group of pissed off people right now.

From the "horses mouth"... heh

"Investors are very angry by this action of the Colombian government,"
"They are clearly trying to steal it."

Jack H.
 

Btw ...
As far as "value"...

Chief historian on this...
"$500 million not counting the un doubtable numismatic and aesthetic value of the coins, jewelry, lamps, chalices and other articles of gold and silver".
 

aquanut said:
If this is the case, where do the figures of $4 to $17 billion come from that I see floating around? Is it because of the gold, emeralds and private registered and unregistered treasure? That seems to be an awfully large jump in value...
Click to expand...

AARC said:
Chief historian on this...
"$500 million not counting the un doubtable numismatic and aesthetic value of the coins, jewelry, lamps, chalices and other articles of gold and silver".
Click to expand...

As I said on p2 of this discussion...

grossmusic said:
A 2007 book ... Amazon.com: The Treasure of the San José: Death at Sea in the War of the Spanish Succession (9781421404165): Carla Rahn Phillips: Books

... Page 214:

The treasure she carried–mostly gold and
silver, plus some pearls, gems, and other valuables–was probably worth somewhere
in the neighborhood of 10 million pesos in the money of the time, not
the half-billion Garcia Marquez mentioned in his Spanish original ("medio
millón de millones"), and certainly not 500 billion, which was the translator's
error. Nonetheless, the gross exaggeration of the value of the San Jose's cargo
fits well with modern popular memories of her loss.
Click to expand...

The book's postscript explains in more detail.
 

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AARC said:
Sea Search had over 100 investors with over 10 million invested at the time of the original hit 30 years ago...
This was talked about over and over in certain circles when thy got "duped"...
So...
That being said...
There is a large group of pissed off people right now.

From the "horses mouth"... heh

"Investors are very angry by this action of the Colombian government,"
"They are clearly trying to steal it."

Jack H.
Click to expand...

Jack, I'd suggest you have your friends who believe they are being "duped" do a quick read of the July 2007 Supreme Court ruling on their (SSA) suit against the Colombian Government, which, I might add, they won. Sea Search filed in 1982 a set of coordinates where they state they found the San Jose. The Government tried, unsuccessfully, to change their rights from 50% to 5%, they sued, they won. The trouble is the Government believes the wreck is not there, they had Tommy Thompson in 1996 verify the area. The President has stated publically that the discovery of the San Jose does not coincide with SSA's coordinates and just this week has proposed that they revisit their site and verify it's not there, at their expense. The dispute now is that SSA wants to have the Government to allow them to visit the wreck site so they can be reassured. Not going to happen, I would suppose.

gale2c.jpg
 

grossmusic said:
As I said on p2 of this discussion...



The book's postscript explains in more detail.
Click to expand...


Well Tammy, after reading the reviews, I don't want to buy the book, much less read it. What doe it say in relation to the value of the ships treasure?

Thanks,
John
 

Not a whole lot about the monetary treasure. It's more about the people who died.
 

Panfilo...

My name is not Jack...
I Was quoting Jack Harbeston... managing director of Sea Search... From a telephone conversation.

He is currently trying to raise more money to fight the Colombian decision not to let Sea Search salvage the galleon.
 

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The San Jose is only where she lies because of leaks...
They stopped off Cartagena to pitch them...
Spies had informed Admiral Charles Wager of this...
He knew Jose and her sister ship were loaded with desperately needed Spanish monies / treasures...
Spanish were financially weak and vulnerable to a potential loss of these ships...
Charles hunted them down and engaged them...
Plan was to seize them...
Unfortunately for both parties...
A fluke cannon shot hit the San Jose magazine in turn blowing her in half.

Her sister ship escaped with the OTHER HALF of the load.
The amount of treasure actually on aboard has always been questioned...
And which ship held more.

All ships involved had incomplete shipping manifests.
There is no real information on what was actually on board.
 

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Not a matter if "can"...
But you can almost bet they would try.
AND... almost guaranteed Spain would use the find as "leverage" for their wishes...
Which would almost certainly be in the "trading" biz...
No way they would jut "give" the Sussex without some strings that lead to Spain benefiting.

Heh.. sorry... but it is what it seems.
 

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