Maritime Archaeology

Part of the series The Springer Series in Underwater Archaeology pp 75-83

The World’s Worst Investment

The Economics of Treasure Hunting with Real-Life Comparisons
  • Peter Throckmorton

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The cost of undersea treasure hunts is double that of projects carried out by competent scientists. Only 1 in 20 salvage companies has any chance of making money. However, there is a way for investors to profit from shipwrecks.