Detection, classification and tracking are important for port security and the security of coastal and offshore operations, says Kristen Railey, a PhD candidate at MIT and the lead author of the paper. In this 1985 photo, Mel Fisher (left) holds a champagne bottle as his son, Kane Fisher, lifts a gold bar after a treasure find estimated to be worth $400 million. A second hurricane on October 5 further destroyed the wreck, and despite six decades of searching by Spanish salvagers, no trace of Atocha or its treasures would be found. Expect to pay $300 to $500 for decent Atocha 2 Reales. Fisher struck the mother lode of a treasure he values at $400 million, and Spaun will share the recovery with about 500 other investors, stockholders, Fisher and his divers. By FACT CHECK: We strive for accuracy and fairness. View an Atocha certificate of authenticity issued by Mel Fisher's Company in 1985 & 1986 (Original Style). Like other electrofuel ventures, Infinium seeks to produce high-energy-density products that are compatible with existing diesel engines and jet turbines. Named for a holy shrine in Madrid, the heavily armed galleon Nuestra Señora de Atocha served as the almirante (or rear guard) of the Spanish fleet that left Havana in early September 1622. Part of the large cache of treasure recovered from the wreck of a 400-year-old Spanish galleon near the Florida Keys will go on auction early next month. Display your Atocha coin and Certificate of … In addition to 265 people, the ship carried as much as 40 tons of silver, gold and assorted riches from Colombia, Peru and other regions of South America. The Maritime Executive But this sum is speculative many times over. … The treasure includes 24 tons of silver bullion, ingots, and coins, 125 gold bars and discs and 1,200 pounds silverware. Mel Fisher: Treasure hunter. 01-26-2021 08:54:00. It is believed to elevate mental discernment and give the ability to … Mel Fisher wore one of the pieces to be auctioned off—a heavy gold chain that hangs past waist-length—when he appeared on “The Tonight Show with Johnny Carson” soon after discovering the Atocha’s treasures. With their sails and rigging reduced to shreds, and masts and tillers battered or broken, the ships drifted helplessly toward the reefs. Nuestra Senora de Atocha and her sister ship the Santa Margarita sailed from Havana to their final resting place at the bottom of the ocean off the coast of Key West. Alex Lemaire is passionate about inland and underwater treasure hunting, and he believes that his hobby is an amazing way to learn more about the history of humanity. The galleon was sailing from the new world to Spain. Atocha coins are supplied with the original photo type Certificate of Authenticity and a booklet "Shipwrecks and Their Coins: Volume 1 - 1622 Spanish Treasure Fleet" that provides details about the fleet and its coins. According to pre-sale estimates, the chain could fetch some $90,000 to $120,000 at auction. Now how much that premium that amounts to, that always depends on the buyer, and the seller. Whydah Gally — $400 million. Treasure Salvors Inc., for example, spent over $1 million a year looking for the Atocha treasure, he said. Authentic Atocha Emeralds The emerald is known as the stone of successful love, providing sensitivity and loyalty to its wearers. In 1987, Congress passed the Abandoned Shipwreck Act, which gave states the rights to shipwrecks located within three miles of the coastline. According to her daughter, Dorothy Fisher favored a knee-length gold chain with ornately carved links; that item could fetch around $40,000 to $50,000. Some of the wreckage was discovered in 1971, by Mel Fisher after years of searching. Overall index scores last quarter were up slightly, but individual written responses reveal "a real sense of resignation and antipathy" due to heavy workloads, extended contracts, stress and uncertainty. Wind assisted propulsion is continuing forward as one of the technologies being explored to improve operating efficiency and the environmental performance of the shipping industry. Owned by Boomsma Shipping, the... © Copyright 2021 The Maritime Executive, LLC. The opinions expressed herein are the author's and not necessarily those of The Maritime Executive. In 1969, more than 300 years later, Mel Fisher started looking for Atocha’s treasure. With an estimated worth of some $400 million, the Atocha treasure made Fisher, his family members and other investors millionaires. The latest benchmark Seafarers' Happiness Index from Mission to Seafarers sounds a dark note as the COVID-19 pandemic and the crew change crisis drag on. Supplied with the original Mel Fisher's photo type Certificate of Authenticity and a booklet " Shipwrecks and Their Coins: Volume 1 - 1622 Spanish Treasure Fleet " that provides details about the fleet and its coins. 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A few finds along the way convinced him that he is getting closer to the great discovery. The Maritime Executive 01-26-2021 10:55:00. The crew found some silver bars in 1973; their tally marks matched Atocha’s paperwork. Nevertheless, Mel continued with his career, but went through many lean years before, in 1985, finding what would be the discovery of a lifetime, the sunken Spanish galleon Nuestra Señora de Atocha, on the 20th July, and subsequently recovering treasure worth around $450 million, which included 40 tons of gold and silver, Columbian emeralds from the Muzo Mine, renowned for their color. All rights reserved. On July 20, 1985 - 35 years ago today - Mel Fisher discovered the shipwreck of the Nuestra Senora De Atocha off the Florida Keys. After the discovery, items from the cache of treasure went on permanent display at the Mel Fisher Maritime Museum in Key West, Florida. 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