Saturday, 1 October 2011

Valued about $210 million, largest recovery









When the SS Gairsoppa was torpedoed by a German U-boat 70 years ago, it took its huge silver cargo to a watery grave.
Florida-based Odyssey Marine Exploration’s divers are working to recover what may be the biggest shipwreck haul ever, valued at some $210 million. The British ship was carrying some 219 tons of silver  when it sank in 1941 in the North Atlantic some 300 miles (490 kilometers) off the Irish coast.

Valued then at 600,000 pounds, the silver today is worth about $210 million, which would make it history’s largest recovery of precious metals lost at sea


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