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Mineweb reported that the Royal Mint plans to offer a limited edition silver coin made from metal sourced from the SS Gairsoppa, a merchant ship that sunk in 1941 while transporting silver, pig iron and tea to the mint.
Mineweb reported that the Royal Mint plans to offer a limited edition silver coin made from metal sourced from the SS Gairsoppa, a merchant ship that sunk in 1941 while transporting silver, pig iron and tea to the mint.
As quoted in the market news:
Florida-based Odyssey Marine Exploration finally located the ship 300 miles off the Irish coast at a depth of three miles in September 2011. Odyssey recovered 2,792 silver ingots, or more than 99% of the insured silver reported to be aboard the Gairsoppa when she sank.
The discovery of the £150 million in silver is believed to be the largest and deepest of any precious metal recovery from a wreck.
The recovered silver is being used to mint a limited edition of 20,000 one-quarter ounce silver coins, which will be available April 21. The Royal Mint began striking the coins on April 4.