Deep Blue Marine – Looks at Other Successes and Says: We’re Next!
DPBM – Deep Blue Marine – Stock Guru Profile
Deep Blue Marine, Inc. has completed the preliminary research and have compiled information on two significant wreck sites in 80 feet of water off the coast of Florida.
The country of origin of the two ships has not yet been determined, however, there is a considerable debris field to be explored.
Deep Blue Marine is encouraged by a recent find of another exploration company and realizes their turn could be right around the corner. The ocean is filled with sunken riches and the treasure recently found by Odyssey Marine is a perfect example of the potential for undersea riches!
Another U.S. deep sea treasure hunting company, Odyssey Marine Exploration. announced on May 18 it had discovered the wreck, code-named “Black Swan,” using the latest in undersea robot technology which could potentially be the world’s richest treasure with a cargo, worth an estimated 400 million dollars.
Spain announced last Wednesday it was breaking off an agreement struck with Britain in March regarding a joint mission headed by Odyssey to find another wreck, the “HMS Sussex.”
The 17th century British warship was believed to be carrying a huge haul of gold when it sank in the western Mediterranean in 1694 with the loss of all but two of its 500-member crew.
The search for the Sussex was first halted last year when regional authorities in Spain’s southern region of Andalusia said they had not sanction the hunt for the wreck, carrying booty to help finance the Duke of Savoy’s campaign against French King Louis XIV.
Under an existing agreement regarding the Sussex, Odyssey would have to share revenue from finds with the British government.
The Spanish culture ministry suspects “Black Swan” and the Sussex may be one and the same vessel, something Odyssey denies.
The wreck, or wrecks, are also the subject of speculation in the British media.
Last week, the Daily Mail suggested the “Black Swan” bounty could be that which was lost on the Merchant Royal, a British ship also known as the “El Dorado of the seas,” which went down off Britain’s western Scilly Isles in 1641 with a Mexican treasure haul aboard.
Historians say that ship left the Spanish port of Cadiz for Britain with a haul including the wages of some 30,000 soldiers who fought for the Spanish crown during the 30 Years War.
17th Century Account of Sinking Reveals Existence of Gold Fortune Left Behind
While Odyssey has recovered some of the great bounty from the shipwreck off Cornwall, it has probably left the most valuable haul behind.
The 17 tons of loot recovered from the wreck of the Merchant Royal, including 500,000 silver coins, was obtained using remotecontrolled submarines.
It is possible that the vessel’s greatest treasure of gold coins and bullion, at least some of which was held in a locked chest on its lower deck, is still languishing on the ocean floor.
Salvage company Odyssey Marine Exploration conceded there was more treasure to be recovered but has declined to say precisely where the wreck was found, citing security reasons, but insists the location is in international waters.
‘The coins and bullion are likely to be worth much more than what they have already found,’ shipwreck researcher Clive Gardener said.
The chest’s existence is revealed in a remarkable pamphlet entitled Sad News From The Seas, written within weeks of the sinking of the Merchant Royal, known as the Eldorado of the Seas, in September 1641.
Drawing on survivors’ accounts of the disaster, it describes how seven seamen made a foolhardy attempt to retrieve the chest as the ship containing ‘300,000 pound in ready bullion and 100,000 pound in gold’ sank. As they tried to break it open, they drowned. Most of the crew were picked up by the Merchant Royal’s sister ship, Dover Merchant.
The tract records that the Merchant Royal’s captain, John Limbrey, was also saved but only after he stayed with his ship to the end, heroically refusing to ‘forsake’ it.
On landing back in England, Captain Limbrey ‘repaired to his house and family with a handkerchief about his neck, and will not be seen or spoken with (as yet) by any, his grief is so great’.
The author of the tract is unknown but his account was published in a pamphlet sold in the streets, probably for a few pence, to a public desperate for news about one of the great maritime disasters of the age.
Its survival is due to George Thomason, a London bookseller of the time who collected thousands of pamphlets, covering all the important military, political and social issues, and bound them together in 2,000 volumes.
Known as the Thomason Tracts, his collection is an invaluable guide to the turbulent period of the English Civil War and its violent aftermath.
After Thomason’s death in 1666, there were various attempts to sell the collection but all failed, probably because of the high price being demanded.
For almost a century the pamphlets remained in private hands, ignored by historians. But in 1762 they were sold to the Marquis of Bute, acting on behalf of the young George III, who presented them to the British Museum.
They are now kept at the British Library. The library’s Curator of British Books 1501-1800, Giles Mandelbrote, said yesterday: ‘The Merchant Royal was a famous ship and its sinking would have caused great distress to ordinary people. This account was probably rushed out and may have been on sale within a few weeks of the disaster.
‘The Thomason Tracts are a major source of knowledge for historians of the mid-17th Century and are written in a way designed to catch the public’s eye.’
What factors affect the quality of shipwreck coins?
Where the ship goes down and what kind of metal the coins are made of. Coins that spend hundreds of years submerged can end up getting scratched, worn down, corroded, covered by sea life or lime deposits, or damaged by acid conditions. The warm waters of the Caribbean and the tropics are likely to cause the most damage, as warmer temperatures speed up oxidation and corrosion. These waters also contain coral and micro-organisms that can encrust the coins, depleting their value, usually permanently. Cooler northern seas – like those off the coast of England, where some speculate this treasure was uncovered – are more likely to help keep all kinds of coins looking good.
Conditions at the sea floor can also make a difference. A muddy bottom might help preserve coins by encasing and protecting them, but an environment of swirling sand can cause scratches and wear down markings and designs. (The depth of the wreck also comes into play: Deep waters tend to have weaker currents, so the sand at the bottom doesn’t move around as much.) In some cases, though, sand can be a good thing. The SS Central America sank in 1857 amid calcium carbonate sands that helped make the surrounding water slightly alkaline, keeping potentially damaging acidity at bay. As a result, the ship’s coins were close to pristine when they were uncovered in 1987.
Saltwater can seriously damage silver and copper coins pretty quickly, but it has almost no effect on gold. But even a gold coin can suffer damage if the ship’s wood breaks down and makes the local environment more acidic.
Deep Blue Marine understands the risks and rewards of deep sea diving and knows their chance could be next!
Source: Deep Blue Marine and British Mail
Contact: Deep Blue Marine Inc.
696 W. 1st Ave. Suite #1
Midvale, UT 84047
Phone (801) 201-4691
Fax: (801) 568-1877
Email: wilf@alldeepblue.com
Website: http://www.alldeepblue.com/
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