Tag Archives: Merchant Navy

Silver, Survival and Salvage

Here, at last, is the information on the Gibraltar £20 coin I mentioned a few days ago.

There is a tradition in Numismatic circles for collecting coins from shipwrecks, indeed we had a talk on this subject just a few weeks ago at the Numismatic Society of Nottinghamshire. Sadly, I had one of my senior moments and completely forgot about it, even though I had intended going. I’ve always been fascinated by the stories of shipwreck and treasure and it’s a collecting field that has always interested me. However, you can’t collect everything.

There has also been a fascination for collecting relics of ships. It is still possible, if you go round antique centres, to pick up small barrels and oddments like paper knives made from the deck timber of ships like the Warspite, Iron Duke and Ajax. Copper from Nelson’s Victory has also been used to make souvenirs, such as this copper fob from the British and Foreign which we currently have for sale on eBay.

Despite the photos, it’s only about an inch across.

 

More recently, I bought some key rings made from the bronze of the Queen Mary’s propellers, and also have some copper cash coins from the Admiral Gardner, which sunk on the Goodwin Sands in 1809.

This year, I have seen mementoes made from the silver recovered from the SS Gairsoppa.

The Gairsoppa, originally built as the War Roebuck, was completed in 1919 by Palmers of Jarrow, just in time to miss the Great War, and was named after the city of Gerusoppa in the state of Mysore. She had one touch of drama in her career in the Merchant Fleet, with just one touch of adventure when she ran aground  at Fulta Point on the South Eastern coast of India in 1930.

Palmers closed in 1933 after a long struggle to stay in business during the depression, and the unemployment this caused precipitated the Jarrow March.

In early 1941, whilst carrying a cargo of pig iron, tea and silver, she joined a convoy at Freetown, Sierra Leone to complete a voyage from India to the UK. Running short of fuel, she had to reduce speed, drop out of the convoy and head for Ireland to take on coal. On 16 February 1941, she was spotted by a Focke-Wulf Condor aircraft and was attacked by U-101 later that day, being sunk by a torpedo attack.

There were 82 men on board. Only one lifeboat launched successfully and out of the six men on board three died in the next two weeks. The boat capsized on the fourteenth day and the Lizard lifeboat was only able to rescue one survivor, Second Officer R. H. Ayres.

Sunk by submarine, fourteen days in an open boat, five men dying before rescue…

I can write the facts, but I can’t come up with anything that remotely does justice to the experience. While writing this post I found this item on an on-line forum – amazing to read the words of the man in question. His account doesn’t match up with the Wiki entry, but I suspect it’s more accurate.

The researcher who contacted him did a fine job, as modesty could have prevented us ever knowing the full story.

The eleven British casualties are recorded on theTower Hill Memorial, or, in two cases, on  a headstone in the cemetery at Landewednack. The seventy one Indian seamen are commemorated on the Chittagong War Memorial.

The epic nature of the story does not end there, because in 2011 an American salvage company located the wreck and, under licence from the British Government, began lifting the silver. So far they have recovered 61 tonnes, or just over half of the 110 tonnes known to be on board. At 15,000 feet deep (half a mile deeper than the RMS Titanic) this is the record for a salvage operation.

Of course, if the ship didn’t contain silver this would be considered plundering, piracy or desecration of a war grave. It’s amazing how a mountain of silver can make the moral compass swing.

In 2014 the Royal Mint struck 20,000 Quarter Ounce Britannias, using some of the silver.

The Gibraltar Mint followed up in 2016 with a specially made £20 coin, featuring a seafarer design and containing Gairsoppa silver.

The title of the coin is taken from a John Masefield  poem, For All Seafarers. It isn’t, in my opinion, one of his best, but it does make a number of telling points.

For all Seafarers

Even in peace, scant quiet is at sea;
In war, each revolution of the screw,
Each breath of air that blows the colours free.
May be the last life movement known to you.

Death, thrusting up or down, may disunite
Spirit from body, purpose from the hull,
With thunder, bringing leaving of the light,
With lightning letting nothingness annul.

No rock, no danger, bears a warning sign,
No lighthouse scatters welcome through the dark;
Above the sea, the bomb ; afloat, the mine;
Beneath, the gangs of the torpedo-shark.

Year after year, with insufficient guard,
Often with, none, you have adventured thus:
Some, reaching harbour, maimed and battle-scarred,
Some, never more, returning, lost to us.

But, if you ‘scape, tomorrow, you will steer
To peril once again, to bring us bread,
To dare again, beneath the sky off ear,
The moon-moved graveyard of your brothers dead.

You were salvation to the army lost,
Trapped, but for you, upon the Dunkirk beach;
Death barred the way to Russia, but you crosst;
To Crete and Malta, but you succoured each.

Unrecognised, you put us in your debt;
Unthanked, you enter, or escape, the grave;
Whether your land remember or forget
You saved the land, or died to try to save.

John Masefield

A Look at the Coin Business

This is a £20 coin from Gibraltar. The £20 is an unusual denomination which some countries, including the UK, have started using for commemorative coins. You can’t spend it, because nobody will accept it, but they can charge quite a high price for it because of the face value. The silver is worth about £6 and the collectable value is not great in most cases.

It is, in short, a bit of a rip-off.

Don’t be fooled about the legal tender aspect, when you look into it the definition of legal tender is very tightly drawn. It appears that legal tender can be used to pay court costs and fines, but nothing else. Nobody else needs to accept it, even if it is legal tender.

This basically means that the Royal Mint can make coins which don’t have to be taken back. We encountered this problem recently when we tried to pay some £5 coins in at the bank. They informed us that they no longer take them. Normally we pay £5 for a UK coin and most of them go straight to the bank as nobody collects them. We can’t do that now, so we can’t pay £5. People, quite rightly, don’t like that. We now tell them to try their bank or post office to see if they are still taking them.

The same is true for £20 and £100 coins, though as far as we know, no bank or post office will take them. We actually sell £100 coins for less than face value at times. It’s a ridiculous side effect of the modern coin trade. Read this article for an insight into what goes on, but before you do, may I just add to the information they provide. If you sell a £100 coin on eBay for £130 as they say, you will pay eBay and PayPal approximately 15% of the cost in fees, so the £130 immediately falls to £115.

Buy coins because they are beautiful, historical, interesting or educational. Or buy them as a present for future generations. If you want an investment ask a bank manager about it, not a numismatist.

This is the reverse of the Gibraltar coin, which is a lovely design. It commemorates the efforts of the Merchant Navy in the Battle of the Atlantic.

Gibraltar £20 Coin 2016

Gibraltar £20 Coin 2016

Here’s the best value £100 coin on eBay with a Buy it Now offer of £69.99. I just checked all the ones that sold over the last month. There were 12 sold. One made £140. The other eleven all made less than face value.

There is something called seigniorage, which I don’t understand completely. It’s a branch of Economics, which is also something I struggle to grasp. Basically, if it costs the US Mint five cents to produce a quarter they make twenty cents every time someone puts a quarter in their collection. If you produce collectable quarters, such as the State Quarters Series, this can add up. In fact, it adds up to $3 billion. The USA is the best at this, but the Royal Mint is making a big effort to get a piece of the action.

Tomorrow I am planning two more posts, one of which will be to tell you more about this Gibraltar £20 coin. It is very interesting.

 

 

Bempton Part III – or Scarborough as it is better known…

Well, you can’t go to Bempton without having fish and chips can you?

We did have an Eccles cake with a cup of tea before leaving Bempton though, that walking stuff can be quite demanding when you don’t have all the right gear. It also gave us time to look at the Tree Sparrows. House Sparrows are in decline, but the Tree Sparrow is doing even worse – you rarely see them these days unless you are at an RSPB feeding station.

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Tree Sparrows at Bempton

Once in Scarborough I took some pictures of the castle. That reminded me of the last time it saw action – 16th December 1914. Not bad for a place that was originally built as a signal station by the Romans in the fourth or fifth century.  It was, according the write-up, a favourite place for King John to stay. Richard III was the last King to stay there and it held out for Henry VIII during the Pilgrimage of Grace. Finally, it was reduced to wreckage by a Parliamentary siege in 1645. The Royalists produced siege coins.

I didn’t need to mention siege coins, but I find them quite interesting, and if I can’t ramble in my own blog where can I ramble?

I expereimented with the camera settings. Some are quite subtle. One isn’t.

After that it sort of pottered around crumbling and, by 1914, hosting a Coastguard Station.

That day in 1914 two German Battleships emerged from the early morning mist and opened fire. Five hundred shells were fired, eighteen people killed. It could have been a lot worse, though not for the eighteen and their families.

There is a list here, if you are interested.

A U-Boat shelled the town in September 1917, but that is hardly ever mentioned. Three people were killed and five injured. Compared to some of the air raids happening at the time, killing 836 and wounding 1,982 in a 12 month period, the submarine raid was almost inconsequential. These were aeroplane raids, the Zeppelins having sustained too many losses to continue, but not before killing 557 and injuring another 1,358.

Sorry about all the stats and death, but after reading John Knifton’s posts on aircraft crashes and Clare Pooley’s mention of wartime damage to Bungay church, I’ve started thinking how violent history has been in some parts of the country.

Here are a few other photographs – a police box, a sea mine and a ship that went to Dunkirk. Violence, always violence…

(Near the lighthouse there’s a Vickers 13 pounder Naval Gun, the Naval version of the field gun the Royal Horse Artillery uses for firing salutes at state occassions. This one was raised from the wreck of the Hornsund in 1982, 65 years after it was torpedoed. I admit, I didn’t want to walk the extra distance to the far end of the harbour.)

It was a hard life in the Merchant Navy.

And that, apart from buying some cheap reading glasses and photographing a gull, was the end of the day.