Concepcion Treasure-by-Numbers

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Concepcion Treasure-by-Numbers

Postby Mark Lunenburger on Wed Apr 18, 2007 3:44 pm

You all seem to be pretty good with math so I thought I'd see if the Concepcion theory holds up on the balance sheet....Skeptics believe there is no proof that there ever was any unaccounted-for treasure. Why not go over the numbers to see if that's true--if we can agree on what they are:
Harris and MacPhie said the cargo was worth 1,000,000 pounds in 1641; 1,000,000 pesos according to the web.
The Atocha treasure, by comparison, was worth 1,500,000 pesos in 1622, recovered, it was valued at $400,000,000 US, I think we can say the Concepcion treasure totals $300,000,000....
Phips original expedition recovered 205,536 pounds or $60,000,000

300,000,000
-60,000,000
__________
240,000,000

So far so good?...
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Postby FutureProspect784 on Wed Apr 18, 2007 7:42 pm

Mark,

Interesting. Hopefully Dave Wood will be see this thread; he likes to work with numbers.

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Postby Mark Lunenburger on Thu Apr 19, 2007 5:39 am

Thanks FP,
I used to play a demo of Treasure of the Deep on PlayStation and the wreck of the Concepcion was the first level which was all I had so I dived on it over and over....I still remember the big cross and the amazing floating gold coins!
So far I have estimates for the scavangers, for Phips the second time around, and finally totals for Bowden and Webber from the 1970s....which, if accurate, leaves a substantial amount, in fact, 50%!!!!
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Postby badinfluence63 on Thu Apr 19, 2007 6:26 am

ML,

Nice. Where did you perchancs gleam this bit o information, just out of curiosity's sake?

Graham Harris has written a very convincing, part historical, part connect the dots with fiction account of the Phips/Concepcion account in possible relation to Oak Island. Your numbers perhaps, place Grahams account in a better light.

Can you share you reference? Your source?

Sincerely,

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Postby Dave Wood on Thu Apr 19, 2007 8:32 am

FP,Mark,
Sorry,I havent read anything on Phips and the Concepcion.Anything I dont know anything about,I dont comment on :)

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Postby badinfluence63 on Thu Apr 19, 2007 8:53 am

DW,

In a nutshell, Graham Harris book leads the reader through a meandering journey of clandestine meetings of cloak and dagger arangements, all in the interest of the seige of England byWilliam of Orange.

To finance this Harris suggest in this written account that Phips on the orders of King George with extra instructions from Mordaunt and on behalf of W of O, went back to the wreckage of the Concepcion for a second scavenge and after a highly succesful first scavenge attempt and faked the second as narry succesful, all the while returning to Oak Island to hide the actual take from the second run to the Concepcion.

By all accounts what has been known to have been on the Concepcion before it went down does not equal what has been known to be recovered making this claim plausible in my opinion.

Sincerely,

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Postby Dave Wood on Thu Apr 19, 2007 9:57 am

BI,
Sounds interesting.Ill chase up the book.whats it called.

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Postby badinfluence63 on Thu Apr 19, 2007 10:50 am

Whewww...where does the time go!
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Postby FutureProspect784 on Thu Apr 19, 2007 7:18 pm

Dave Wood wrote:.Anything I dont know anything about,I dont comment on :)


I don't blame you. :)

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Postby Mark Lunenburger on Sat Apr 21, 2007 4:55 pm

BI,

Atochastory.com has the 1.5 million peso/400 million dollar figures for the Atocha treasure, although some sites say 1.5 million for the whole fleet. The 1 million peso figure for the Concepcion comes from sites like Suite101, giving me $300 million. Harris and Phips gave their figures in pounds, 1,000,000 pounds, Phips getting 1/5th in his first go, 205,536 pounds, the scavangers 250,000 pounds estimated:

300,000,000
- 60,000,000
-80,000,000
__________
160,000,000
....The numbers for Burt Webber and Tracy Bowden I got from the Web....("Burt Webber recovers $14 milllion." World Tour--Television Listings, yalestation.org) National Geographic online only gives the inventory of Bowden's take so I just estimated the Webber/Bowden total as around 20 million.
The Silver Bank article is in the July 1996 issue. I went last week to the library but photocopied the 1990 article on the other Concepcion wreck, the one in the Pacific....
Last edited by Mark Lunenburger on Sun Apr 22, 2007 3:57 am, edited 1 time in total.
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