The U.S. Mail Steamship Central America
The Central America brought Gold Rush
miners from Panama to New York. On September 12 1857, the Central America
carried 578 passengers, 38,000 pieces of mail, and tons of gold. The hurricane
hit near the South Carolina coast. 425 passengers died, and the rest of
the passengers were rescued.
In 1988 a treasure hunter named Tommy Thompson, used
a radar to find the wreck which was a 1 and a 1/2 miles deep. He then brought
up gold bars and gold coins.
After a big legal battle the money was split between
Thompson and the insurance companies. The insurance company that was involved
was around when the ship sank and they paid for most of the trip so they wanted
their money back. But Thompson got 92% of the money and the insurance company
got 8% of the money. Thompson sold his hoard to Dwight Manley who expects
to make more than $100, million by selling the coins. There still could be
more litigation and appeals, but its probably over