Saudi Arabia Silver Riyal Shipwreck John Barry German Submarine Torpedoed WWII

Saudi Arabia Silver Riyal Shipwreck John Barry German Submarine Torpedoed WWII
Saudi Arabia Silver Riyal Shipwreck John Barry German Submarine Torpedoed WWII
Saudi Arabia Silver Riyal Shipwreck John Barry German Submarine Torpedoed WWII


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Item: 145318665926

KM Number:KM-18
Country/Region of Manufacture:Saudi Arabia
Certification:Uncertified

eBay You are bidding on: Saudi Arabia Silver Riyal Shipwreck S.S. John Barry German Submarine Torpedoed WWII 1944 Saudi Arabia Silver Riyal AH 1354 1935/6 struck in 1944 at Philadelphia. KM-18. 11.59 grams. Recovered from: S.S. John Barry, sunk in 1944 off Oman. Corrosion-free and fully UNC, with nice light toning, from a special, secret wartime cargo of 1.4 million coins on board an American Liberty ship torpedoed during WWII and salvaged using modern technology from the staggering depth of 8500 feet. With promotional Certificate of Authenticity and 16 pages catalog with the story about shipwreck and its recovery. Recovered from: S.S. John Barry, sunk in 1944 off Oman. SS John Barry was a 7,200-ton American Liberty ship in World War II. The ship was built at one of the Kaiser Shipyards in Portland, Oregon, and launched on 23 November 1941. Operated by Lykes Brothers Steamship Company under charter with the Maritime Commission and War Shipping Administration. [2] The John Barry was torpedoed and sunk in the Arabian Sea at position WikiMiniAtlas 15.10°N 55.18°E in 1944.[3] Sinking The ship left its convoy under radio silence to go on a mission to Dhahran in Saudi Arabia when it was torpedoed 185 kilometres (115 mi) off the coast of Oman by the German submarine U-859 on 28 August 1944. Two crewmen were killed in the sinking and the survivors were rescued the next day. The SS John Barry was carrying a cargo of 3 million American-minted Saudi one-riyal silver coins as an American payment associated with ARAMCO. The reason for this shipment (one of several during the war) was that Saudi Arabia did not use paper money at the time and this led to a war-time shortage of currency with which to pay workers building new oil refineries and other US facilities at newly founded Dhahran. Because the exact nature of the cargo was a secret, rumors spread that the SS John Barry carried a vast shipment of 26 million US$ (1944 value) worth of silver bullion to India as well as the smaller cargo of coins. After the recovery effort of this purported treasure failed (see below), it was discovered that all silver shipments to India were accounted for and a new destination for the silver bullion was theorized, the Soviet Union. Recovery The ship had sunk to 8,500 feet below the sea surface, far beyond the reaches of most undersea recovery methods. Forty-five years later, however, Skeikh Ahmed Farid al Aulaqi was granted salvage rights. Retired U.S. Navy Captain Brian Shoemaker, former General Counsel of the Navy, Hugh O’Neill, attorney H. McGuire “Mac” Riley of Howrey & Simon in Washington, D.C., and Jay Fiondella, owner of “Chez Jay”, a celebrity-renowned seafood dive in Santa Monica, California, successfully bid for the salvage rights from the U.S. Government. In order to raise the money to retrieve the John Barry they formed a partnership called “The John Barry Group”. Contractors from Houston, Texas, were initially involved in the search, and their efforts were later augmented by the Toulon-based Institut Français de Recherche pour l’Exploitation de la Mer (IFREMER). In October 1994, a modified drilling ship (Drillship was the FlexLD, formerly Sedco 445 and later Peregrin VII and now Deepwater Navigator), carrying a 50-ton video-equipped grab designed by IFREMER, sailed to the location of the John Barry. By early November, much of the ship had been excavated, revealing vintage U.S. Army trucks, tanks, and military equipment. Soon after, the first sign of silver was seen (though initially the video feed was clouded by the ship’s oil sticking to the camera lens). Over the next five days, the grab brought up 1.3 million Saudi riyals weighing 17 tons and showered them onto the drill-ship’s deck. The purported Indian/Soviet silver was nowhere to be found, although the salvagers were unable to access all the locations they suspected the silver might rest. While some plans have surfaced to relaunch the recovery effort, none have come to fruition.[4] Winning bidder to make the payment by PayPal. Please add US $10.00 for S/H for US and Canadian addresses. International shipping will be US $15.00. For orders delivered in Canada the following taxes (GST or HST) apply for each province listed: (as of July 1, 2010): AB: 5%, BC 12%, MB 5%, NB 13%, NF 13%, NT 5%, NS 15%, NU 5%, ON 13%, PEI 5%, QC 5%, SK 5% and YT 5%. Tax on books is only 5% GST for all of Canada. We will email you total including tax after auction is over. Please Note: There is no sales tax on USA or international orders.

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