Ship:S.S. RepublicValue:$120 and $160 millionThe S.S. Republic survived service for both the Union and Confederacy during the Civil War but couldnt outrun a hurricane in 1865 while in transit to New Orleans. The find capped an effort that had spanned a dozen years, but when the Odyssey team began excavating the site their success was much more immediate. Among these, The Washington Post reported, "Three million dollars in gold coins lie in the rotting hulk of the White Star liner Republic, lost off Nantucket in January, 1909. > Found: Nantucket coast > Sunk: 1909 In January of 1909, the RMS Republic, an ocean liner carrying passengers from New York City to ports in the Mediterranean, was traveling through dense morning . X Marks the Spot; Call for Offshore Companies to Submit Plans for Consideration. The search is taking place 55 miles south of Nantucket Island, where the RMS Republic, a 600-foot long ''floating hotel,'' collided with another ship in the foggy . That unidentified shipwreck would later prove to be the Royal Mail Ship (RMS) Republic, which was what he had hoped to find after a couple of years of research. Over $2.5 million was invested in the expedition. [2] He first began scuba diving off the coast of New Jersey and New York at the age of 15 and went on to graduate from Abraham Lincoln High School in February 1969. there are an estimated three million undiscovered shipwrecks; Weve detailed four of the most valuable with billions of pounds just waiting there. The court battle is ongoing. Rats invaded paradise. Value: $120-180 million (possibly up to $1 billion) Date found: . Home | About | Contact | Copyright | Report Content | Privacy | Cookie Policy | Terms & Conditions | Sitemap. It's not that he went away after a failed attempt in 1987 to retrieve the cargo of gold coins purported to be somewhere in the bowels of the 585-foot White Star liner. As a user, if you see something we have missed, please do bring it to our attention. There were 1,056 press releases posted in the last 24 hours and 428,536 in the last 365 days. When the US Government bailed out the New York banks and investors who had purchased those Tsarist bonds, the ownership then fell to them. Readers can view a copy of the RMS Republic Treasure Location Report, by clicking the link below: RMS Republic Treasure Location Report (32 MB), Martin Bayerle Images from www.rms-republic.com; background image courtesy of Doug Penisten. Significant amounts of gold and artifacts were recovered and brought to the surface by another ROV built specifically for the recovery. Republic stayed afloat for 39 hours after the collision, allowing all passengers to transfer to other vessels via lifeboats and enough time for tug boats to begin towing Republic back to the U.S. coast for repairs. Titanic was lost in 1912. The precision positioning capability of a new Sonardyne long baseline acoustic system enables the team to create geographically correct photo mosaics of the site at nearly real-time speed. Over 7,000 gold coins were recovered from the S.S. Central America during the shipwrecks discovery in 1988, exactly 131 years after its last voyage. She was found about 100 miles (160 km) southeast of Savannah, Georgia, in about 1,700 feet (520 meters) of water. Thus the poop deck is technically a stern deck, which in sailing ships was usually elevated as the roof of the stern or after cabin, also known as the poop cabin. This is it, this is the big one., Embargoed until 00:00 hrs GMT August 12, 2021, Martin Bayerle EIN Presswire, Everyone's Internet News Presswire, REPUBLIC Remains Saga of Treasure and Intrigue Many of the gold coins have a slight dark film that easily rinses away to reveal uncirculated surfaces preserved by years in the deep. Buy SS Republic Civil War Era Artifacts | Monaco Rare Coins - Finest Known Deep-water shipwreck explorers have raised Reconstruction-era gold and silver coins and other precious artifacts from what could be one of the richest shipwreck treasures ever found. Ship:Nuestra Seora de AtochaValue: At least $450 millionRumor has it that it took two whole months to load the cargo onto the Nuestra Seora de Atocha, which included everything from precious jewels to gold, copper, silver, and indigo. And, our original Russian State Bank shipment has since been increased from the original $3 million in US double-eagle gold coins which gave our History Channel show its title Billion Dollar Wreck to now $25,000,000. Thank you for visiting! Pirate Treasure of the Knights Templar Billion Dollar Wreck About the Show Fifty miles off the coast of Nantucket, 250 feet beneath the Atlantic, lies the RMS Republic and her secret. Captain Martin Gerard Bayerle (born April 23, 1951) is an American treasure hunter and author, best known for finding the 1909 shipwreck of the White Star Liner RMS Republic. On 11 September 1988, the wreck was finally located at a depth of 7,200 feet (2,200m), about 160 miles (257km) off the coast of South Carolina by Nemo, a vessel operated by Thompsons Columbus-America Discovery Group. of the Nantucket light ship. 25 of the Most Famous Shipwrecks Ever Found - 24/7 Wall St. He is also star of the History Channel show " Billion Dollar Wreck ." No treasure has been reported to be found yet. "We are seeing everything from pickle jars to dominoes, school slates to shoesa truly wonderful story to be told.". Publisher: Barnburner Books, LLC (August 1, 2013) , ISBN-10: 0988876000 , ISBN-13: 978-0988876002, available at Amazon and other book retailers worldwide. Operations will run approximately $115,000.00 per day. ("LoF")[18] Captain Bayerle's personal life is also the subject of an upcoming non-fiction book series, with the first book of the trilogy planned for release in mid-2022. A Miami, Florida, treasure salvage company plans operations in 2020 to recover gold estimated today at more than $7 billion that the firm asserts was aboard the RMS Republic when it collided with another vessel Jan. 24, 1909, south of Nantucket Island, Massachusetts, and sank. magna cum laude degrees from Fairmont State College and went on to start his M.B.A. education from West Virginia University. We feel we have a winning hand, and the timing is now right to reveal that hand. It substantiates that our Area of Interest where we believe the gold chamber to be remains intact, undisturbed, unexcavated, unexplored still buried by 3-4 collapsed decks and under thousands of tons of twisted beams, steel plates and debris. A Miami, Florida, treasure salvage company plans operations in 2020 to recover gold estimated today at more than $7 billion that the firm asserts was aboard the RMS Republic when it collided. What kept the cargo in place was primarily the secrecy regarding the specifics of her cargoes, and the original government ownership interests. There were 1,057 press releases posted in the last 24 hours and 428,536 in the last 365 days. "It provides a glimpse of what Yankee entrepreneurs after the Civil War felt they could take to the south to market. Capt. Former Island resident Martin Bayerle's 35-year search for a reputed billion-dollar treasure, sunk off Nantucket for more than a hundred years, comes to life at 10 pm on Feb. 8, in the first . CBS Evening News, July 23, 1987, Thursday, 05:54:20 pm, Headline: Salvage Operations / Titanic, Republic, Duration 03:10, (Studio: Dan Rather) Report introduced. The RMS Titanic, a luxury steamship, sank in the early hours of April 15, 1912, off the coast of Newfoundland in the North Atlantic after sideswiping an iceberg during its maiden voyage. In 2013, with the help of his son, Grant Bayerle (a California lawyer), the two released a book about Bayerles quest and research into Republic titled The Tsars Treasure. and B.Sc.B.Adm. [3] He raised investor capital and purchased the assets from a bankrupt Canadian offshore oil rig support company, Wolf Sub-Ocean Ltd., in addition to the purchase of a 285ft Diving Support Vessel, the Oil Endeavor (renamed the SOSI Inspector) in the years following the find. On May 20, 1897, at around 9:00 a.m., the Florida was rammed by the larger freighter George W. Roby in a dense fog off the coast of Presque Isle, Michigan. We use cookies for analytics, personalized content and ads. . The Republic was the largest ship to sink in history to her day, only to be eclipsed by the loss of RMS Titanic in 1912. The problem for the US Government is that, shortly after they had recognized the Soviet Union in 1933, they then paid themselves from seized Tsarist assets, assets which the US Government had frozen in 1918 when the Soviets had repudiated all Tsarist debt. The greatest difficulty was identifying her cargoes and owners.. The Republic, damaged in a collision, was being towed toward New York by the Coast Guard cutter Gresham, when she sank in 240 feet of water. Capt. Billion Dollar Wreck is a new American treasure hunting documentary TV series airing on the History Channel. [2] He began running dive operations to local shipwreck sites, such as the Mistletoe, Black Warrior, USS Turner (DD-648), Oregon, and U-853, among others. [16] In 2013, MAVIS retained Etoile Blanc Consulting, LLC to manage investment and media properties related to the RMS Republic recovery. It's said that there are over 3 million sunken ships strewn across the oceans largely unexplored floors, and that the amount of riches and wealth they may contain are simply immeasurable. Lords of Fortune LLC Launches up to $12.5 Million Crowdfunding to Recover $200 million US Navy Payroll and the $4B to $7B Tsar's Treasure. How much gold is on the bottom of the ocean? The legendary wreck diver Mel Fisher's discovery of a hoard of gold and other treasure worth $400 million on July 20, 1985 -- including 24 tons of silver bullion and 125 gold bars -- is one of the . Enter Martin Bayerle, who sought out to locate the wreck, found her in 1981 and has been digging through archives all over the world and piecing together the details ever since. To approach a question 400 million years in the making, researchers turned to mudskippers, blinking fish that live partially out of water. All rights reserved. 2022 - 2023 Times Mojo - All Rights Reserved Get it FREE now. bayerle@lordsoffortune.com email us here Are You Prepared? Inc. dba EIN Presswire Capt. Ship:RMS RepublicValue: As much as $5 billionThe RMS Republic was a luxury ocean liner that first set sail in 1903 and was known as the "Millionaire's Ship because of its immensely wealthy passengers. For some long COVID patients, exercise is bad medicine, Radioactive dogs? Facebook 1995-2023 Well, Capt. Regarded as one of the most historically fascinating wreck recoveries in modern history, the ship, discovered 50 yards below the surface off the coast of the Albanian city of Vlora, yielded 300 perfectly preserved jugs used to transport wine, oil, and pickled goods. Like us on Facebook Martin Bayerle The RMS Republic, a 585-ocean liner and sister ship of the Titanic, sank south of Nantucket in 1909. We have since unequivocally confirmed one cargo, the U.S. Navys 1909 payroll and operational expense shipment of $800,000, todays value very conservatively $200,000,000, according to Bayerle. Why Do Cross Country Runners Have Skinny Legs? Plans to adapt the series into feature films are also in development. In his book, The Tsars Treasure, Bayerle alleges that the RMS Republic went down with $3 million in gold coins that was headed to Russia on loan from the U.S. government. MIAMI BEACH, FL, UNITED STATES, October 21, 2021 / EINPresswire.com / -- Lords of Fortune LLC today released its formerly confidential research report RMS Republic, Cargo: Russian State Bank. On a ship, the Specie Room is a strong room specifically for storage of this. New Episodes Tues. 9/8c; Stream the Next Day. Has the RMS Republic gold been recovered? - TimesMojo Billion Dollar Wreck (TV Series 2016- ) - IMDb Bayerle discovered the wreck of the RMS Republic in 1981. Talk about perseverance. Most Valuable Treasure Recovered from Shipwrecks - Thrillist Lords of Fortune LLC Evidence of the sexual exploitation of Bayerle's wife and children by the deceased was presented at trial. Ship:Whydah GallyValue: $400 millionThe Whydah Gally belonged to one of the richest pirates ever, Captain Black Sam Bellamy. However, Republic didnt make it. More than 900 silver Seated Liberty Half Dollars have also been recovered thus far. CERTIFYING AND GRADING OF FAMED SS Republic COINS BY NGC. Together, Martin and Grant will lead a team of salvage divers down the deep, dark and dangerous waters that have held Republics bounty hostage for a century. A new discovery raises a mystery. For those unfamiliar, RMS Republic was a 570-foot long, 15,000 ton White Star Line luxury liner that sank in January 1909 after leaving from New York to head to Europe, carrying many wealthy passengers and their baggage, thousands of sacks of mails, a large shipment of US Navy supplies (including a payroll for 14,000 sailors), as well as a purported much larger shipment of U.S. gold coins believed to be bound for Russia.
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