Buried Treasure

Florida Sunken Treasure Discovery From 1715 Shipwreck Valued at Over $1 Million

“Florida Sunken Treasure Discovery From 1715 Shipwreck Valued at Over $1 Million”

by Kaylee Heck via “Yahoo News!

Florida treasure hunters hit the sunken treasure jackpot.

Brent Brisben — a co-founder of 1715 Fleet-Queens Jewels LLC, which has the rights to dive at the wreckage site where the gold was ultimately discovered — told ABC News that the 60 gold artifacts on the bottom of the ocean floor are valued at over $1 million.

The artifacts include 51 gold coins and 40 feet of gold chains with hand-crafted links, he said.

The centerpiece of the discovery is a single coin, given the nickname the “Tricentennial Royal,” which was destined to be delivered straight to Spanish King Phillip V, Brisben said.

This coin constitutes about half of the discovery’s expected value, with a price tag of more than $500,000, Brisben said.

The valuable find comes right before the 300-year anniversary of the 11-ship fleet sinking during a hurricane on July 31, 1715, off the Florida coast. The fleet had left from Havana, Cuba, on July 24, 1715.

Brisben said the discovery was made about a month ago, but he wanted to keep everything under wraps until the anniversary got closer.

“The work that goes on out there is not typical of what you see here today. I don’t want to call it an abrogation, but it’s what the dreams of every one of the people doing this are made of,” Brisben said at a news conference today. . . .

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Data archaeology helps builders avoid buried treasure

“Data archaeology helps builders avoid buried treasure”

by Aviva Rutkin via “New Scientist

Looks like we missed the boat <i>(Image: Allan Tannenbaum/Polaris/eyevine)</i>

IN 2010, when builders were excavating the site of the former World Trade Center in New York, they stumbled across something rather unusual: a large wooden boat, later dated to the 1700s.

Hitting archaeological remains is a familiar problem for builders, because the land they are excavating has often been in use for hundreds, if not thousands, of years.

Democrata, a UK data analytics start-up, wants to help companies guess what’s in the ground before they start digging. Using predictive algorithms, their new program maps where artefacts might still be found in England and Wales, in order to help companies avoid the time and cost of excavation. “It’s an expensive problem to have once you’ve started digging,” says Geoff Roberts, CEO of Democrata.

Archaeological services can amount to between 1 and 3 per cent of contractors’ total construction cost. “We wanted to bring data science in as an added tool, so humans involved in the process could use it to understand what would likely be found,” says Roberts.

The Democrata team scoured documents from government departments such as the Forestry Commission, English Heritage and Land Registry to find out what the land was used for in the past, for example, and about known archaeological sites. This included “grey literature”, the massive set of unpublished reports written by contractors every year.

With the aid of a supercomputer, they developed models that can pinpoint where treasures are likely to be hidden underground. For instance, land close to water, tin mines or sites of religious significance was ranked more highly than land elsewhere. Other factors like the local geology, animal and plant life also contributed to the score.

This week, Democrata will present the program to engineering companies and the government to hear their feedback. . . . .

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