Howdy History Hunters,
Bart asked the following questions:
Have you heard any reason why the State received some of the coins? What was that all about?
If my memory serves me correct, DSR agreed to give the State of CA. 20% of any treasure recovered for DSR being given a State permit to continue recovery operations under State supervision.
why must these things be adjudicated over and over? It is enough to take the wind out of a salvor's sails.
Each case is unique, and the laws can apply differently. In the Brother Jonathan case, the salvers purchased the title to the ship and its contents from insurance companies that had paid claims. In the case of the S. S. Central America, the Columbus-America Discovery Group failed to do so leaving themselves open to legal claims by the insurance companies. I believe that Spain now claims ownership of all their shipwrecks, no matter where they are located in the world.
The only thing that is certain is the fact that the treasure salvage business is complicated in every aspect, from the search, recovery, and ownership.
Sincerely,
Wopper