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    Billion Dollar Wreck

    We have new updated research, adding significantly to my 2013 book The Tsar's Treasure, at: https://lordsoffortune.com/catalog/index.php?main_page=index&cPath=8 Enjoy! M
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    Bart Malone April 02, 1946 - December 03, 2017

    Bart was one of our divers who advanced our RMS Republic project. He will be missed.
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    Billion Dollar Wreck

    Wow. I'm impressed. Paper currency? Hahaha The entire world at that time was on the gold standard. See: The Gold Standard | RMS - Republic . International accounts were settled in gold. The French were buying gold in New York in support of this loan, for settlement. See: The $3,000,000...
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    Billion Dollar Wreck

    I not infrequently have additional thoughts, particularly after having to defend my research. Research is always on-going. I was just re-reading The Roosevelt-Litvinov Agreements; The American View, Donald G. Bishop, 1965. These were the agreements entered into by the US and Soviet Governments...
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    Billion Dollar Wreck

    The 1909 4 1/2% Russian Bond.
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    Billion Dollar Wreck

    Let's see if I can follow you. Q. So pray tell why you have not launched a FOIA request to the treasury department on such a MASSIVE loan to a great world power? A. The $240,000,000 4 1/2% Russian Bond was floated in Europe, organized by a syndicate of primarily French bankers. I've been in...
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    Billion Dollar Wreck

    The quality show is coming. I am sure everyone on this thread knows a 300+ foot DSV w/ 18 man dual-bell saturation diving system, a 250+ ton crane, is what is required. B$W was mostly a look-see. A craftsman is only as good as his tools. Coming summer, 2018. :-)
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    Billion Dollar Wreck

    Ok, for purposes of this discussion, let's set aside the $800,000 US Navy funds aboard RMS Republic, now professionally appraised at $200,000,000. Let's focus on the big money ... Yes, I understand your desire, ignorance is bliss. You can start with the January 22, 1909 $240,000,000 Bond issue...
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    Billion Dollar Wreck

    Read my book The Tsar's Treasure. Then we can have an intelligent conversation on facts.
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    Billion Dollar Wreck

    Really? You can see the research thread on my website rms-republic.com from the 80s. Then you can read my book The Tsar's Treasure to see how the research developed to its current state. There were never any radical changes as you suggest, only refinements as new information came to light. We...
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    Billion Dollar Wreck

    Yes, a Herculean effort will indeed be needed "to move the crushed decks and debris to even get near the possible location of any gold." We are planning this for 2018 with the appropriate tools. Thanx for the comment, and for watching.
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    Billion Dollar Wreck

    Try my book, The Tsar's Treasure (on Amazon). I specifically made the book available for critical examination. Then we can have an intelligent discussion. And we have recently confirmed the US Navy coin-money $800,000 (1909 value) shipment, professionally appraised at $200,000,000 today. Also...
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    Billion Dollar Wreck

    The wreck was pristine when I found her in 1981, no depth charge damage, no wire dragging. Also, the professionals who have read my book The Tsar's Treasure (available on Amazon) would disagree with you. We have confirmed at least the US Navy money, $800,000 face value (1909), professionally...
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    Billion Dollar Wreck

    You are thinking of the SS Republic, a civil war era paddle wheeler off of Georgia worked by Odyssey. RMS Republic was NEVER worked (for a number of reasons), as proven by our several detailed surveys. You can see evidence of salvages on wrecks when they have been worked. No excavation exists...
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    Billion Dollar Wreck

    You should read my book The Tsar's Treasure, available on Amazon - which covers all of these issues, cargo secrecy, the research. And, we now have confirmed the US Navy monies cargo, $800,000 1909 value, professionally appraised at $200,000,000 today. We believe that there is a total Russian...
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    HowardE and John Chatterton on Curse of Oak Island

    Hello Howard, First, there were indeed close to $500,000 in insurance claims filed in the resulting litigation concerning the loss of the RMS Republic, which excluded an undetermined number of losses which were privately insured. And we do have the $800,000 US Navy funds shipment and a $3...
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    Looking for the Republic

    For legal status of this wreck, visit: http://rms-republic.com/legal/ The only active claim on this vessel has always remained within the US District Court, in Boston, Massachusetts. The claim was filed twenty years ago, and many interlopers now lie by the wayside. The US Government also...
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