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He Dreams Of Spanish Treasure

KEY WEST, Fla. (AP) -Mel Fisher reached into his pants pocket as if fumbling for small, change. instead, he produced a 6-1/2-inch long bar of 21-karat gold stamped with the seals of imperial Spain.

A tall, impassive man, Fisher managed a thin smile as he set the bar on the table and reached into another poc­ket. Out came an intricate chain of solid gold, a delicate sea shell clinging to One of its links,

The gold of the Spanish Armada. Sunken treasure,

Mel Fisher is by profession a treasure hunter. His eldest son drowned in such an effort, but Fisher continues. He deals in millions but often doesn’t have the money to pay his staff. The staff works anyway. The goal is gold, but it is a pursuit of passion.

The gold in Mel Fisher’s pockets came from the wreck of the Spanish galleon Nuestra Senora de Atocha, which sank in a hurricane on Sept. 6, 1622. Its discovery occupied six years of Fisher’s life, the lives of his family and his employees. Four people died in its pursuit. It was the subject of state and federal lawsuits.

The wreck of the Nuestra Senora de Atocha has to date produced some $17 million in gold and silver’ bars and coins, bronze cannons and other, artifacts. Fisher esti­mates it has taken $4 million to finance the operation.

Fisher believes the bulk of the treasure from the Atocha is still to be discovered, poss­ibly million or more stil1 on the ocean bottom off the Florida Keys. So his search continues.

Seven days a week, 24 hours a day, Fisher’s employee’s man boats over the main wreck site, 40 miles west of Key West, near the Dry Tortugas. Often working ‘without ‘pay, when funds are Short or nonexistent; they continue the search for what Fisher calls’ the “Big A.”

Fisher’s sagas will be? the subject of an hour-long Na­tional Geographic Society television special tonight Fisher today appears more concerned with the riches of investors than the riches beneath the sea. He says he needs the former to find the latter. To finance his opera lion, which employs up 10 50 people, he sells ‘‘Pieces of Eight” for $250 and’ shares in future discoveries from the wreck site, dubbed ‘the Bank of Spain.”.

His efforts to finance his work led at one point to a Securities and Exchange Commission probe. The SEC lawsuit was settled when Fisher agreed to halt sales of unregistered securities.

The coins Fisher sells are part ‘of a $2 million cache of Atocha treasure released to Fisher by the government earlier this year alter law­suits “over ownership of the treasure. in February of this year, U.S. District Judge Wil­liam Mehrtens dismissed a government claim, saying the wreck is “neither within the jurisdiction of the United States nor is owned or control­led by our government.’’

That decision helped finance the ongoing search for ‘the pile,’ as Fisher calls the still­ missing treasure.

The search became a deadly one last year. On the night of July 19, 1975, one of Fisher’s boats, the Northwind, an­chored near the Marguesas while on a trip to the wreck site.

Early in the morning, it be­gan taking on water and cap­sized. Dirk Fisher, his wife, Angel, and crewman Rick Gage were trapped inside and drowned. On another ‘occa­sion, - an 11-year-old visitor was caught in a search ship’s propellers and fatally injured.

Death, lack of money and legal entanglements have slowed the search for the sup­posed treasure of the Atocha, but not stopped it. “This week we’re going ‘to find the Big A” Fisher says. Frequently.

In treasure hunting, every­thing is imminent. Every day we’re going to be on the big pile and every day we’re going to sell the big pile.”

The big pile is the missing section of the Atocha. “When the Atocha broke apart, the bow was buoyant and

Windblown,’ Fisher theorizes. ‘‘It floated off’ in one direction. The stern and one side of the main deck floated in another. When the second hurricane hit, one piece of the wreckage, which I believe to be pretty big, broke off. Everything in it went to the bottom, And that main pile is right where it sank.’

From The Archives Of The Search For The Atocha
 

Explorers Find Long Lost Ships

He Dreams Of Spanish Treasure

Hunting Key West Waters

Shipwreck Salvage Is Finders Keepers

 

Treasure Find Hints At More Sunken Riches

The Treasure Trove On Sanibel

 
       

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