CHARLESTON:
An expedition to bring back the remaining gold from a steamship that
sank in 1857 off South Carolina in one of the nation's worst maritime
disasters has recovered almost 1,000 ounces of gold - the first gold
recovered from the wreck in almost a quarter century.
The
S.S. Central America was bringing gold back from the California when it
sank in a hurricane claiming 425 lives. In addition, thousands of
pounds of gold went to the bottom aboard the 280-foot, side-wheel
steamship.
About $50 million was recovered during
expeditions to the wreck in the late 1980s and early 1990s before legal
disputes shut down the operation.
Odyssey Marine
Exploration of Tampa, Florida, announced Monday that almost 1,000 ounces
of the gold was recovered during a reconnaissance dive last month.
The
newly recovered gold includes five gold bars and two $20 Double Eagle
gold coins. One of the coins was minted in San Francisco the year that
the Central America sank. The gold bars weigh between 106 and 344
ounces.
"While we weren't planning to recover gold so
quickly, it did confirm that the site has not been disturbed since it
was last visited in 1991 and there is gold remaining," said Mark Gordon,
Odyssey's president and chief operating officer.
An
expedition that left North Charleston in April is expected to be on the
site about 160 miles off the coast until late summer. Gordon said that
in recent weeks the crew of 41 aboard the Odyssey Explorer has been
conducting an extensive survey of the site and the recovery of more gold
will begin once that is completed.
It is not clear how
much gold might remain. The ship was carrying gold bars shipped by banks
and commercial interests. Passengers were thought to be carrying a lot
of gold of their own in the form of coins - perhaps an amount equaling
the commercial shipment.
The initial expeditions 25 years ago were halted because of legal disputes.
One
of them involved investors from Ohio who staked out the money for
shipwreck enthusiast Tommy Thompson, an Ohio native, who led the 1988
expedition that recovered the initial cache of gold.
The
investors claimed they had fronted Thompson almost $13 million but never
saw any return. Thompson has been a fugitive for almost two years after
failing to show up for a court hearing.
A deal approved by an Ohio judge in March cleared the way for the new expedition.
The
receiver for Thompson's companies will get more than half of anything
that is recovered, to be disbursed in part to the investors who backed
the initial expedition.