Legend of Sunken Treasure
In 1933, an American author named Garry Berg published a book 600 Billion in Water, making the unfounded allegation that the four ships of the Second Pacific Squadron which were sunk at the Battle of Tsushima had a horde of gold, worth US$5 million dollars, of which $2 million was carried on the Admiral Nakhimov.
In 1980, controversial Japanese businessman Ryoichi Sasakawa salvaged the wreckage of Admiral Nakhimov over the strong protests of the Soviet Government. Sasakawa later publicized photos of what appeared to be a valuable cargo of gold bullion, platinum ingots, and British sovereigns, as well as crates of precious jewels. Sasakawa claimed that the treasure was worth over $36 billion in modern currency, but offered to turn it over to the Soviet Union, in return for the Kuril Islands to Japan. Eventually, it turned out that the supposed platinum ingots were in fact lead.
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Admiral Nakhimov at Naval Review
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Admiral Nakhimov side view
Read more about this topic: Russian Armoured Cruiser Admiral Nakhimov
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