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LUTINE'S TREASURE.

A contract, it is stated in a report from Amsterdam, has been entered into between Lloyd's and .two Dutch salvage flrms for tho exclusive rights to endeavour to recover gold and silver valued at 20,000,000 guilders, or over £1,500,000, from the ship Lutine, which was sunk off tho Island of Terschelling on the Dutch coast in 1799 (states the "Shipping World.") Many attempts have been made in the past to recover this treasure from this wreck, and in 1880 the Dutch Government recovered gold, and silver valued ut more than 670,000 guilders; in 1894 further gold was recovered. Later, it is believed, the rights of recovery were transferred to Lloyd's. It is, of course, the bell of this ship which hangs at Lloyd's. The recovery of sunken treasure always has a romantic appeal, but with the. improvements in salvage gear, particularly in equipment for diving at great depths, which have recently been made, many cases which In tho past were considered quite hopeless are now practical propositions.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19281016.2.107.19

Bibliographic details

Evening Post, Volume CVI, Issue 82, 16 October 1928, Page 12

Word Count
169

LUTINE'S TREASURE. Evening Post, Volume CVI, Issue 82, 16 October 1928, Page 12

LUTINE'S TREASURE. Evening Post, Volume CVI, Issue 82, 16 October 1928, Page 12