An estimated $10 million worth of gold bullion and nuggets went down with the Pacific in 1875
On Monday, Rockfish Inc. president Jeff Hummel told Postmedia News that those people had contacted his company since word got out that it had secured salvage rights to the Pacific – a coal powered sidewheeler that sank off the tip of the Olympic Peninsula on Nov. 4, 1875 with the loss of at least 350 lives.Start your day with a roundup of B.C.-focused news and opinion delivered straight to your inbox at 7 a.m., Monday to Friday.
As part of the salvage rights granted by the court in late November, anyone who can prove that they were related to a person who was on the ship can make a claim to whatever valuables – in this case likely gold – they had on them or had stored on the ship for them. However, none of those people have made their claim in court, which they must do by the end of January.
He said also that courts have ruled in the past that if a person is successful in claiming valuables from a wreck, then they are only entitled to eight per cent of its worth. The remaining 92 per cent goes to the salvage company to pay for the salvage efforts.Article content
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