[e-gold-list] Re: SS Republic wreck is FOUND!!!

2003-12-03 Thread David Beroff

--- [EMAIL PROTECTED] wrote:
 And it's in INTERNATIONAL waters, so finders-keepers
 is still possible! WooHoo! 

Forgive my naivette, but wouldn't the proceeds belong
to the insurance firm which covered the original wreck?




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[e-gold-list] Re: SS Republic wreck is FOUND!!!

2003-12-03 Thread James M. Ray
At 2:40 PM -0800 12/3/03, David Beroff wrote:
...
Forgive my naivette, but wouldn't the proceeds belong
to the insurance firm which covered the original wreck?
...

Well, there are a variety of legal doctrines which apply to
abandoned property, and the law would probably want
to _encourage_ undersea exploration too, but IANAL so I
don't really know. Maybe they could pay the insurance
company $400,000 and tell them to talk to Uncle Sam if
they want to redeem it for metal coins! :)  Anyone?
JMR



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[e-gold-list] Re: SS Republic wreck is FOUND!!!

2003-12-02 Thread jpm
http://news.nationalgeographic.com/news/2003/12/1201_031201_republic.html

or http://makeashorterlink.com/?F278153B6

with $400,000 - oops, I mean $180 MILLION (now!) worth
of gold! And it's in INTERNATIONAL waters, so finders-keepers
is still possible! WooHoo! Hopefully good video soon of the loot.
JMR


To date, more than 750 gold coins have been recovered. Some 60 
percent of them are Coronet Head 20 Dollar Double Eagles and the 
balance are Coronet Head 10 Dollar Eagles. ...

  holy shit





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