Showing posts with label BULLION. Show all posts
Showing posts with label BULLION. Show all posts

27 July 2022 - SHIP OF GOLD DISAPPEARS

 

SHIP OF 

GOLD DISAPPEARS


G'day folks,

 The frigate Madagascar left Melbourne for London in 1853 with more than 150 passengers and crew. She also had nearly three tons of gold on board – and was never seen again.

The Madagascar was a sturdy British merchant vessel built in 1837, used for carrying soldiers to India as well as passengers looking for an exotic holiday on the Indian sub-continent.

But by the 1850s, Victoria was in the grip of a gold rush and the Madagascar found it had a new role. Instead of being packed with troops for India, the ship was crammed with would-be pan-handlers and rock-pickers heading for Melbourne, convinced that there were fortunes to be made.

So much so, that after arrival in Melbourne in 1853, 14 members of the crew resigned after deciding to stay in Australia. Captain Fortescue William Harris could find only three replacements for the return journey. The skeleton crew faced a busy time of it because 110 passengers had signed up to travel back to England.

In the hold, the Madagascar carried a box of specie, eight boxes of silver, nine boxes of sovereigns (about 60,000 gold coins), 86 boxes of gold dust and nuggets, making a total weight of 68,390 ounces (nearly three tons) and all valued at about £250,000.

In addition, a large cargo of flour, rice, wool and timber was taken on board.

Preparations to sail on August 10 were dramatically interrupted when police came on board and began to search the vessel. A bushranger called John Francis was arrested on a charge of robbery, and Captain Harris was told to delay his departure.



The following day two other passengers were arrested on related charges. The ship was allowed to sail on the afternoon of August 12. It left the port, never to be seen again.

There has been much speculation about what happened to the Madagascar. One theory is that the wool on board spontaneously combusted – such a tragedy had happened before. There was the possibility that the ship had been wrecked by a freak wave or, Titanic-style, sunk after colliding with an iceberg.

There was also a growing belief that criminals on board, undetected by the police in port, had taken over the ship. But a more plausible explanation is that the vessel was the victim of pirates who would have sunk the Madagascar after relieving it of its treasure.

In 1997 Australian researcher Gerald Crowley discovered artefacts – knives, spoons, nails, and so on – on the remote atoll of Anuanuaro in French Polynesia. He believes they are from the Madagascar.

His theory is that the ship was hijacked in the Pacific, turned north, and sunk on the atoll, 1,500 kilometres south-east of Tahiti.

"There's a wreck there. We're beyond doubt," he said a few years later . . .“but I can't prove it.”



13 August 2016 - PIRATES AND BURIED TREASURE




PIRATES AND 
BURIED TREASURE

G'day folks,

We have all heard of buried treasure. But ...


Pirate lore is rife with tales of hidden treasure and maps where “X” marks the spot, but there are only a few reliable accounts of buccaneers actually burying their loot. One early example concerns the English privateer Francis Drake. After a 1573 raid on a Spanish mule train, he and his men interred several tons of gold and silver along the Panamanian coast to prevent it from being recaptured. Drake left guards at the site, however, and quickly retrieved the booty after rendezvousing with his ships. 



Another sea rogue who was not so fortunate was Captain William Kidd, the notorious privateer-turned-pirate who became a wanted man for plundering shipping in the Indian Ocean. In 1699, Kidd dropped anchor near New York and buried the modern equivalent of millions of dollars in gold and jewels on tiny Gardiners Island. He was soon arrested in Boston while trying to clear his name, and it wasn’t long before the authorities tracked down and confiscated most of the ill-gotten treasure. Kidd, meanwhile, was transported to London and executed by hanging. 



Like many other pirate myths, the concept of buried plunder was popularized by author Robert Louis Stevenson’s 1883 novel “Treasure Island,” which involves a hunt for a cache of gold hidden by a salty ship captain. Yet according to maritime historian David Cordingly, the buccaneers of old were rarely so frugal. Rather than turning a hole in the ground into a savings account, they were more likely to squander their spoils on women, rum and gambling as soon as they returned to port. 



Even though real life pirate hoards were rare, legends still abound about long lost riches squirreled away on deserted islands. One of the most famous tales concerns the so-called “Treasure of Lima,” a haul of Spanish gold, silver and jewels supposedly stolen by a British ship captain named William Thompson and buried on Costa Rica’s Cocos Island around 1820. The loot is rumored to be worth around $200 million, but despite decades of searching, would-be treasure hunters have yet to track it down.

 

Clancy's comment: Imagine what  treasures have never been found?

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