old man
Bronze Member
I had an interesting phone call from someone that used to have a salvage permit in Ecuador. According to the call he was in the process of applying for an extension on his permit and was told that Ecuador signed the UNESCO agreement and was canceling some permits and that if a current permit holder wanted to continue with their permits. That Ecuador was going to keep all artifacts recovered and only let the salvor keep 25% of any gold or silver and that the 25% would be based on the current market value of gold or silver not the real value of the coins.
Can anyone with any knowledge of this shed any light on this or was I given bad information
Can anyone with any knowledge of this shed any light on this or was I given bad information