Chinese gold bars recovered from the Geldermalsen, a Dutch ship that sunk in the South China Sea whi
Chinese gold bars recovered from the Geldermalsen, a Dutch ship that sunk in the South China Sea while en route to Batavia from Nanking. Among the cargo that went down with the Geldermalsen was a cargo of tea, more than 200,000 pieces of porcelain, and 147 gold bars. Total loss amounted to over 900,000 guilders. The sinking also claimed the lives of 80 crewmen. The wreck was discovered in 1985, of which 126 gold bars were recovered. Each is composed of 11.74 troy ounces of 20-22 karat gold. -- source link
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