The 1857 wreck of the S.S. Central America yielded a fabulous trove of gold coins and bars. The key organizer of the expedition was a scientist named Tommy Thompson, who much later facedcharges relating to the disappearance of souvenir coins minted with salvaged gold. Thompson became a fugitive who was sought by the U.S. Marshalls office. Someone who has been following the caseagainst Thompson writes:

Signals: In Deep Water Once upon a time, the SS Central America, a side wheel steamer with a cache of gold aboard, sank during a storm in 1857. Years later a group of men used libraryresearch, Bayesian theory and underwater technology to find the ship.

To watch the complete video, see:
Signals: In Deep Water (http://www.espn.com/video/clip?id=12834923)

A court-appointed receiver has asked a Franklin County judge to approve the sale of $30 million of gold brought up from the SS Central America shipwreck to help satisfy claims of creditors andinvestors.

The 16,000 artifacts recovered in 2014 by the Odyssey Marine Exploration's dive on the 1857 wreck off the Carolina coast include gold dust, coins and bullion. An original estimate had placed thevalue at $47 million.

Ira O. Kane, the receiver representing Recovery Limited Partnership and Columbus Exploration LLC, filed a motion Oct. 24 with Franklin County Common Pleas Judge Laurel Beatty-Blunt asking her toapprove the agreement. The judge will hold a hearing for "any interested party" at 9 a.m. Nov. 30.

Kane has an agreement to sell the gold to California Gold Marketing Group LLC, which will sell the gold for cash.

To read the complete article, see:
Sunken gold from shipwreck could be sold(http://www.dispatch.com/news/20171101/sunken-gold-from-shipwreck-could-be-sold)

To read earlier E-Sylum articles, see:
SS CENTRAL AMERICA SALVAGE: THEN AND NOW (http://www.coinbooks.org/esylum_v17n45a08.html)
THE SS CENTRAL AMERICA TREASURE AND THE HUNT FOR TOMMY THOMPSON (http://www.coinbooks.org/esylum_v15n35a11.html)
LATEST SS CENTRAL AMERICA FINDS REVEALED (http://www.coinbooks.org/esylum_v17n30a05.html)