$1.3 million worth of gold found off coast of Charleston, SC

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CHARLESTON, S.C. — Crews have found over 1,000 ounces of gold during an expedition to recover the remaining treasure from the wreck of a 19th-century steamship off the coast of South Carolina.

Odyssey Marine Exploration of Tampa, Florida, announced Monday 1,000 ounces of gold was recovered during a reconnaissance dive on the wreck of the S.S. Central America back in April.

The expedition will continue through late summer as crews work to recover the rest of the gold from the ship that yielded $50 million over 25 years ago before legal entanglements shut down the recovery.

The 1,000 ounces of salvaged gold would sell for about $1.3 million based on current market value.

The Central America sank in an 1867 hurricane about 160 miles off the coast of Charleston, South Carolina.

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