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Treasure

CALIFORNIA | LOCAL
July 10, 2001
Thanks for the shipment of good news ("State to Buy Topanga Canyon Coastal Acreage for Parkland," July 3). In an era when precious habitat is lost daily, never to be recovered, what a gift this is to be able to protect a vibrant, undammed, biodiverse watershed right in our midst, through the purchase of the lower Topanga watershed by the California Department of Parks and Recreation. As a resident of Topanga and champion of steelhead trout, I know what an amazing acquisition this is, an ecological treasure that remains home to creatures that have vanished from nearly every other place in Los Angeles County.
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NEWS
January 14, 1988
The California Coastal Commission has given a marine archeologist permission to salvage the state's oldest known shipwreck, a 16th-Century treasure galleon in the muddy bottom of Drake's Bay. The commission gave unanimous approval even though its staff had recommended only a search permit be granted to Robert Marx of Indialantic, Fla. Marx, financed by private investors, intends to go after the San Agustin, which sank in 1595 during a storm while returning from the Philippines.
NEWS
April 11, 1990 | From United Press International
A Columbia University researcher Tuesday testified in federal court that his team located the gold-laden steamer Central America in 1984, four years before an Ohio team announced the discovery. William Ryan, a geologist for the New York university, said his team recorded a sonar reading in the Atlantic Ocean, showing an image corresponding to the dimensions of the 270-foot ship. Ryan testified in U.S.
NEWS
August 31, 1987 | PAUL DEAN
It is only a fraction of the find, mere trinkets from a trove that may count out to more than $400 million--yet quite enough to impress even impassive Las Vegas, where this small portion of the treasure of the Spanish galleon Atocha goes on pre-auction display today. "We really have no clear idea of how much the collection is worth," said Deborah Munch, a spokeswoman for Caesars Palace. "One gold cup has been valued at $1.2 million. So we think $20 million for the total is safe."
NEWS
August 15, 1990 | DOUGLAS FRANTZ, TIMES STAFF WRITER
A federal judge Tuesday awarded a small group of scientists and investors from Columbus, Ohio, sole ownership of the richest sunken treasure in history--more than $1-billion worth of bullion and coins from the gold fields of California. The ruling gives Columbus-America Discovery Group title to all gold and other artifacts recovered from the SS Central America, which sank in a hurricane 160 miles off the coast of the Carolinas in 1857.
CALIFORNIA | LOCAL
April 9, 1992 | MARC LACEY, TIMES STAFF WRITER
They are as much a part of the beach scene as the surfers and skaters and volleyball players. Yet to most beach-goers, the treasure hunters toting beeping, high-tech wands remain a mysterious lot. Perhaps it's their solitary nature, the odd-looking devices they carry, or just a curiosity about what they could be finding buried in the sand.
NEWS
November 19, 1993 | From Associated Press
Most of the $21 million in treasure from a ship that sank in 1857 was awarded Thursday to the salvagers who spent $30 million to find it. The judge said he wished it was worth more. "What a pity it did not amount to a billion dollars so that a proper award could have been given," U.S. District Judge Richard B. Kellam wrote in a decision giving 90% of the gold to the Columbus-America Discovery Group. The rest will go to the original insurers of the cargo.
NEWS
August 10, 1987 | THOMAS H. MAUGH II
The Central America and the Titanic are not the only shipwrecks being explored or salvaged. In Cape Cod, treasure hunter Barry Clifford is continuing to recover treasure and artifacts from the slave ship Whydah, which was hijacked in 1716 by pirate Black Sam Bellamy. The pirates looted dozens of other ships before the Whydah ran aground 700 yards off Wellfleet in 1717. Clifford has recovered as much as $25 million worth of jewels, gold and artifacts.
ENTERTAINMENT
June 21, 1985 | SHEILA BENSON, Times Film Critic
Set among the radiant waters of the Florida Gulf Coast, "Cocoon" (citywide) is a sly and salty bit of wish fulfillment that, by its tremendous close, has its entire audience wishing along with it. The combined energy it generates is probably enough to raise the Titanic. You need only the slimmest suggestion of its story--anything beyond that is robbery.
CALIFORNIA | LOCAL
March 25, 1995 | STEVE RYFLE
Kim Fisher was just 9 when he found his first piece of sunken treasure, a silver Spanish piece of eight, while accompanying his treasure-hunting father on a dive off the Florida coast. He was just a teen-ager in the late 1960s when his father, Mel, started searching for the mother lode, the sunken Nuestra Senora de Atocha, a Spanish galleon that sank off the Florida Keys in 1622.
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