Treasure hunting Returns...

Talk of deep sea treasure hunting evokes storybook images of swashbuckling buccaneers on daring ocean adventures not safe sensible returns on your hard earned cash. But maybe if your key investment goals have already been achieved and you are willing to readjust your attitude to risk the rapidly expanding sector of marine archaeology, scouring the depths of the sea for sunken riches is the business.

More recent technological advances have made marine archaeology much more of a viable business, "There are multi-hundreds of billions of dollars of potential in this industry," says Sean Tucker, founder and managing member of Galleon Venture an American based historical shipwreck and salvage exploration company. "Treasure bearing ships that have historical artefacts, coins, and emeralds" dating back hundreds of years are lying at the bottom of the sea just waiting to be brought to the surface, he says.  UNESCO estimate that there could be as many as three million wreaks scattered across the bottom of the world's seas. Although Sean Tucker is quick to point out that only 3,000 of these are likely to bear treasure of any value.

Discoveries like the three billion dollars’ worth of platinum found on a Second World War merchant vessel by American salvage company, Sub Sea Research, confirm the industry's potential.  Such huge rewards have inevitably led to increased industry investment in recent years, says Tucker.  Hedge funds, private equity firms as well as cash rich individual investors have all been eager to provide the capital to back increasingly specialised treasure ventures. If you fancy you have a bit of buccaneer spirit you might want to explore, and Enables IFA’s can talk you  through the possibilities.