C.B. wreck hunters reveal treasures

Halifax Herald ^ | Monday, November 15, 2004 | TERA CAMUS

[uglybiker]

Click the link for pics.

[uglybiker]

GGG PING!

[JRandomFreeper]

The coins, the size of a loonie...

Is that smaller or larger than a bread-box? The referant, 'loonie', doesn't compute for someone from Texas.

/john

[GeronL]

was handed over to the province Friday

WHAT???

That is an affront and an insult to the hard work of the divers. The province shouldn't get a dime or a dabloom

[GeronL]

The loonie is a Canadian coin, like a Silver Dollar.
signed,
Floyd G Looney, Irving TX

[sinanju]

The province takes a 10 per cent share of all goods recovered from such wrecks. Le Chameau Explorations and its shareholders get the rest to sell at auction houses, mostly in Europe or the United States.

There's the real reason Nova Scotia is now a treasure-hunter's mecca right there! The province believes in doing honest business; a ten percent cut and that's all. I used to read about sunken treasure when I was a kid and I remember the outrages often suffered by treasure salvors when they actually found something of value. Most memorably the late Mel Fisher's long-running battle with the State of Florida over the Atocha loot. But again, nearly every great find occasioned a great legal scrap as everyone with the slightest imaginable claim tried to go "treasure-hunting without getting your feet wet." This might have something to do with the fact that our heroes here do not seem to be pretending not to know the name and nationality of the wrecks they are digging up.

[samiam5]

I think it's more like a silver 47 cents.

[GeronL]

both sides gave the treasure to their respective lawyers to cover legal fees.

LOL. I guess its better not to fight.

[GeronL]

think it's more like a silver 47 cents

Is that the exchange rate now?

[GeronL]

A loonie, not to be confused with a dabloonie

[JRandomFreeper]

Canada, eh? Isn't that up in Way North Texas near Amarillo or Pampa?

Ok... It didn't compute for THIS Texan. ;>)

/john

[maine-iac7]

The coins, the size of a loonie... Is that smaller or larger than a bread-box? The referant, 'loonie', doesn't compute for someone from Texas. It's a Canadian coin that represent a dollar - it has a loon on one side - ergo, a "loonie" - They also have a two dollars coin - with two different metals, one ring inside the other - I think they call it a "toonie" (my daughter and hubby - US Navy P3 pilot on Nato deployment are stationed in Nova Scotia)

[maine-iac7]

That is an affront and an insult to the hard work of the divers. The province shouldn't get a dime or a dabloom

This is standard in every country - indeed I think the US takes a bigger chunk

[GeronL]

mumble.. mumble... I missed the 10 percent part... so sue me... mumble mumble... I thought they had to hand over all of it... lol

[SuziQ]

A loonie, not to be confused with a dabloonie

Or a twoonie!

[GeronL]

yup...

[PeaceBeWithYou]

The Canadian Loonie is 26.5 MM, which is a little over and inch in diameter.

I can't think of any New England gold coinage from the 1700's, most of it wasn't gold, and what was gold wasn't made by the colonies/states.

[Don W]

Just FYI, the Cdn dollar is over 83 cents US now.

Name In US$ Per US$

Argentine Peso 0.33818 2.957

Australian Dollar 0.77230 1.295

Brazilian Real 0.35817 2.792

British Pound 1.8480 0.541

Canadian Dollar 0.83507 1.198

Chinese Yuan 0.12068 8.287

Euro 1.2961 0.772

Hong Kong Dollar 0.12859 7.777

Indian Rupee 0.02217 45.110

Japanese Yen 0.00948 105.4

Korean Won 0.00092 1,091

Mexican Peso 0.08790 11.377

Russian Rouble 0.03486 28.690

Swedish Krona 0.14458 6.917

Swiss Franc 0.84991 1.177

,

OH! Looks like the US dollar is falling further below the Euro than the Canuck buck is below the USD.

Big hairy deal, really. Currency manipulations instead of inflation cheapening labour and goods.