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Right now what is believed to be the largest find of precious metals from a shipwreck.
Odyssey marine ex players exploration that's a company based in Florida saying -- recover more than 61 tons of silver bars.
From a World War II shipwreck.
The hall all of these years resting aboard the SS here sop -- buried.
Three miles under the -- the British cargo ship sunk in 1941 by a German U boat some 300 miles off the coast of Ireland Marc Gordon.
Is president of Odyssey Marine Exploration.
And congratulations -- -- that you guys hit the jackpot we did -- second year in a row 61 tons of silver this year forty tons last year.
From the same shipwreck OK so this this ship was found.
A number of years ago and that was step number one you found the ship back in 08 we started the research in no way we went out looking in 2011.
Founded in 24 days -- unbelievable and then.
At what point did you realize what was onboard that ship.
Well you know we had the historical records that indicated there should be at least a hundred tons of silver which now -- -- -- But until we actually see the bars.
You don't know for sure all right so let's take a look you brought one of these bars with you this is.
This is pretty sturdy material here we're looking at it on the videotape and here we have one of the bars live in our studio.
This thing weighs about how much about eighty pounds of solid silver eighty pounds and and how much.
Would a bar like this be work.
Well -- current silver prices about 20000 dollars for just this -- bar here in the studio and heavy overhaul.
-- -- do you do you split this we should say with him with the British government.
They get eighty you get 20% of how much that's right -- current silver prices the total -- worth about 76 million dollars currently.
-- your company mark you just go from site to site.
As these sites are I guess identified by.
Governments that that hire you defined and then bring up what's inside the ship -- we'll -- real -- we actually have a proprietary database of 8500 -- so we generally proposed the projects to governments.
Which is a great model now because by taking a risk.
We're helping them refill their coffers at -- time they need to be refilled what else do you find.
When you're when you're down there exploring we should mention these -- robotic submarines that you used for this job.
What else do you see that's all still on board the ship well -- had been under the water for decades and decades you know it's neat we actually found the remainder of the bars in the mail room on the ship in a small room in the ballot.
So we've got some letters they're still intact -- were actually intending to try to find the descendants.
We also found a whole stack of insurance policies that may have some value to somebody.
So we're gonna try to reunite the owners of those insurance policies with their insurance if we can wow -- that would be quite a story let us know how that goes.
And a bar like this would be used it was it would have been used for what.
This as a point 917 bar so it was it was intended to make points it was claimed stock.
Who's being shipped from India part of the British colonies at that time.
Back to the UK when it was -- by -- -- so would've been turned into a bunch of coins had made it.
Well -- a very cool job I love what you guys do what a great way to make a living the company is called Odyssey Marine Exploration based.
In Florida Mark Gordon is the president mark congratulations again so my feeling your team operation I think -- you Jack come back again let us know about returning that money to those who are insured for -- -- had not bad right.
-- and not at all all right thanks Rick.
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