The cost of auctioning Vietnamese shipwreck treasures

As interests over the shipwreck off Quang Ngai Province intensifies, this feature discusses the profits to be made from the commercial salvage and sale from shipwrecks in Vietnam, but does little to discuss the academic and archaeological benefits of such salvage.

Antiques collected from a sunken ship in Binh Chau commune, Quang Ngai province, Vietnam Net 20120927
Antiques collected from a sunken ship in Binh Chau commune, Quang Ngai province, Vietnam Net 20120927

Overseas auctions of Vietnam’s antiques: good and bad
Vietnam Net, 27 Sep 2012

Antiques collected from wrecks in the sea of Vietnam have been auctioned overseas for several times. Along with profit, Vietnamese specialists also learned expensive experience.

Artifacts from shipwrecks: magnets to the world

Seabed Exploration Company has determined that at least 40 ancient wrecks in the sea of Vietnam are available for salvage and excavation.

This company is “anxious” when treasures of antiques, mainly oriental porcelain are being in the bottom of the ocean, while these antiques are very attractive at international auction houses.

In addition, through this huge volume of antiques, historical mysteries of trade are gradually revealed. The five ancient wrecks in the waters of Vietnam, containing hundreds of thousands of Chinese, Thai, Vietnamese porcelain have contributed to re-draw the ceramic road journey in the East Sea, with Vietnam as one of the links.

Full story here.

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Author: Noel Tan

Dr Noel Hidalgo Tan is the Senior Specialist in Archaeology at SEAMEO-SPAFA, the Southeast Asian Regional Centre for Archaelogy and Fine Arts.

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