Gold and Silver Are Sunk!

Shipwreck Silver and Gold.

There is plenty of gold and silver at the bottom of the ocean.

Is it cost effective to retrieve it?

Buy Gold Online

Update: 500 year-old shipwreck loaded with gold found in Namibian desert

Throughout history, until the mid 20th century virtually all trans-Atlantic treasure was transported via sea vessels. Ships carrying gold and silver would sometime sink due to storms or attacks on the vessels, taking the crew, passengers and treasure down with them.

There is an estimated $4.6 -$60 billion in sunken treasure on the floors of the oceans and seas across the globe. Much of that treasure is in the form of gold and silver. This is not counting the estimated 20 million tons of gold in the ocean water itself.

Sunken gold and silver can be retrieved in near perfect condition. Because gold is inert, it will not corrode even after centuries under water. Silver may tarnish but remains in virtually the same condition after decades at the bottom of the sea.

Any paper currency that might have gone down with ships centuries ago would have also disintegrated long ago. Even if bills were found in a water-tight safe that did not corrode, the paper bills would most likely have no more than collector’s value as their issuer would have ceased to exist long ago and the bills would no longer be exchangeable for goods and services anywhere in the world.

In contrast, gold and silver retrieved from shipwrecks can be weighed and assayed for purity, recast and sold like any other gold and silver.

Shipwreck Silver

Indeed, you can buy coins made from shipwrecked silver*. The Gairsoppa was a British ship carrying over 200 tons of silver that was sunk on February 17, 1941 by German torpedoes during World War II. In 2010, the British Government partnered with a private enterprise, the Odyssey Marine Exploration Company, to attempt to retrieve the silver stash at the bottom of the Atlantic. In 2013, about 50 tons were retrieved from the wreck. The British Government’s agreement with Odyssey entitled them to 80% of the silver recovered.

The British Royal Mint has used some of the silver recovered from the Gairsoppa to mint one ounce silver rounds and ten ounce silver bars commemorating the Gairsoppa. These silver products feature a depiction of the Gairsoppa and an inscription of the date of her sinking.

Click to see the one ounce silver Gairsoppa round*

Click to see the ten ounce silver Gairsoppa bar*

The silver products above are now sold out. There are “Britannia Rounds” still available minted from silver recovered from the Gairsoppa. You can see and buy them by clicking here.

Click here to see a short video of silver being recovered from the Gairsoppa

sunken treasure

There are billions of dollars worth of gold and silver at the bottom of the Atlantic Ocean.

Mining for Gold and Silver at the Bottom of the Sea

In recent years technology has made it more possible and economically feasible to mine sunken gold and silver from the bottom of the ocean. Sea-bed mining robots can now excavate the ocean floor in search of gold, silver and other minerals. Click here to see a photo of one of these seabed mining robots.

As global demand for gold and silver increase with population and investment and industrial requirements, new sources apart from traditional dry land mining will be needed. In addition to asteriod mineral mining, which is in developmental stages, investment in sea-bed mining and sunken treasure retrieval projects will likely increase.

Please consider making a small donation to Thanks!

JM Bullion

If you have enjoyed this report, please consider buying your precious metals through the Smaulgld affiliates linked to on this site* and subscribing (for free) to

Get Free Updates From

Subscribe to and get the free In Case You Missed Itweekly email as well as updates and analysis on gold, silver, real estate and the economy.

Also get the free report “Twelve Key Differences Between Gold and Silver” when you subscribe.

Subscribe to to receive free gold and silver updates, news and analysis.

Credit: Treasury Chest Photo- Canstockphoto

Further Reading:

Holy Cow! Gold Found in Cow Urine

Gold Beyond the Stratosphere

Gold Grows on Trees

Gold to the Moon!

Gold is in the Toilet

Gold Baked in Bread

Gold For Smoking and Munching

Please visit the Smaulgld Store for a large selection of recommended Kindles, books, music, movies and other items.

You can support by making all your Amazon purchases through the search widget below and by ordering your gold and silver by clicking on the JM Bullion, BGASC, Bullion Vault, Gold Broker, Golden Eagle Coin, GoldMoney, SD Bullion, Perth and Royal Canadian Mint ads on the site.

Browse Silver Coins on Amazon

Browse Collectible Coins on Amazon

*DISCLOSURE: Smaulgld provides the content on this site free of charge. If you purchase items though the links on this site, Smaulgld LLC. will be paid a commission. The prices charged are the same as they would be if you were to visit the sites directly. Please do your own research regarding the suitability of making purchases from the merchants featured on this site.

The content provided here is for informational purposes only. Making investment decisions based on information published by Smaulgld (SG), or any Internet site, is not a good idea. Accordingly, users agree to hold SG, its owner and affiliates, harmless for all information presented on the site. SG presents no warranties. SG is not responsible for any loss of data, financial loss, interruption in services, claims of libel, damages or loss from the use or inability to access SG, any linked content, or the reliance on any information on the site.

The information contained herein does not constitute investment advice and may be subject to correction, completion and amendment without notice. SG assumes no duty to make any such corrections or updates. As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment. SG disclaims any and all liability relating to any investor reliance on the accuracy of the information contained herein or relating to any omissions or errors and as such disclaims any and all losses that may result.

Post Navigation