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Mark Milburn’s Cornish Wreck Ramblings, Part 13: Dollar Cove, just what is the ‘truth’?

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Reprising our popular series of Cornish Wreck Ramblings by Mark Milburn…

Part 13: Dollar Cove, just what is the ‘truth’?

For many years treasure hunters have been searching for the fabled “Dollar Cove” wreck. Dollar Cove’s actual name is Jangye Ryn; it got the name “Dollar Cove” from the silver pillar dollars, pieces of eight, that used to regularly wash ashore. Most stories online state that coins washed up from the 17thC wreck are dated up to around 1775, so late 18thC. The San Salvador is quite often listed as being the dollar wreck, it was a hundred years too early. Although it was reportedly wrecked near Gunwalloe Church Cove, the wrong side of St Winwalloe Church to be the Dollar wreck.

Underwater artefacts

Within the church records of St Winwalloe, there is an entry from 1787, it states that a Portuguese wreck occurred with several bodies washed ashore. There are no records of this wreck anywhere, which is no surprise. There are many wrecks along that piece of coast without any records.

The current suspect, is the Rio Nova, it sank in 1802, near Penzance. The whole of Mounts Bay was classed as close to Penzance, back in those days. The Rio Nova was carrying 19,000 silver coins, 12,500 of which were recovered at the time. Many coins have washed up over the years, on one day in the late 19th century, 484 coins were said to have washed up one night. The main problem with the Rio Nova being the dollar wreck, is that divers said they found the Rio Nova near Penzance many years ago.

A lone 18th Century Cannon, possibly from the Dollar Cove Wreck

Some other sources of information state:

A Spanish ship struck the cliffs midway between Gunwalloe Church Cove and the fishing cove, half a mile westward. She broached, end to end, and spilled her cargo of pieces of silver. In 1845 a limited company tried to recover the cargo by damming the mouth of the gully with the intention of pumping it dry at low water. However, their attempts were thwarted by a southwest gale which swept the dam away. (2)(3)(4)

The distance between Church Cove and Fishing Cove is a couple of miles, the gully they dammed was believed to be the one on the headland, between Church Cove and Dollar Cove.

Another attempt was made in 1847 when a gang of miners were hired to cut a passage down and steps down the cliff and sink a shaft 3 metres in diameter and 25 feet deep in the rocks. The miners then drove 40 feet under the gully, but no coins appeared; but the sea did and they just escaped with their lives. (2)(3)(4)

Some of their efforts are still visible around the headland, the main one being a cutting on the far most northern corner.

A 2006 attempt to locate the treasure

Thirty years later, a Mr Boyd, with engineers and divers, attempted to pump out and sieve the contents of the 1847 shaft. No dollars were found so they decided to blow up the shaft and sieve it but to no avail. (3)(4)

In 1877 two bankers from Helston sold 200 shares at £3 each to finance another attempt. The circular mentioned several ships rather than one and the promoter John Toy had occasionally picked up dollars around the cove. He had divers working within a caisson, but nothing was found during the first season. However, the following year an unspecified quantity of coin was recovered, but it was insufficient to repay the shareholders and the company went into liquidation. (3)(4)

There are several ships in the area, this story seems to have been echoed many years later, on another wreck in Cornwall.

In June 1890 another attempt was made by the Liverpool salvage steamer ZEPHYR, but it came to nothing. The last attempt was made by a London businessman, who hired a suction dredger and shifted thousands of tons of sand, but no coins were found.

Since the 1890 attempt, many people have looked, including the legendary Roland Morris. He implied that he may have known where it was, after an argument with the National Trust about ‘rights to wreck’, he left. The NT told Roland to tell them where it was, he just laughed and told them he never would,

The last I can remember was in 2007, when a business man from Chippenham, hired a boat with some local divers including myself, to try and excavate the site. We visited twice in 2007 and recovered hundreds of artefacts but no coins. The first visit found the inlet, which was dammed in 1845, to be completely void of sand, nothing was found apart from some steel beams and a sounding lead. So either all the coins had all been removed, or they were never there in the first place. He is still looking.

Artefacts recovered during a 2006 attempt

Notes:

(2) Richard Larn 1987 A Diver Guide, Dive South Cornwall – 2nd Edition Page(s)116-17
(3) by Richard Larn 1996 A Diver Guide, Dive South Cornwall – 3rd Edition Page(s)166-69
(4) R. Larn 1983 The Diver Guide to South Cornwall – 1st Edition Page(s)134-35


Find out more about Mark and Atlantic Scuba at www.atlanticscuba.co.uk

Mark Milburn is the owner of Atlantic Scuba in Falmouth, Cornwall, England, and is an SDI/TDI/NAS/RYA Instructor and a Commercial Boat Skipper. Although often referred to as a maritime archaeologist, he prefers to call himself a wreck hunter. Find out more about Mark and Atlantic Scuba by visiting www.atlanticscuba.co.uk.

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Four opportunities to go pro in 2024 with Dive Friends Bonaire

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Dive Friends teaches the Instructor Development Course (IDC) several times a year to students who are eager to share their passion for diving with the world.

Dive Friends is known for the personal approach throughout the course. Their in-house course director will lead the students through every essential step, mentoring them to achieve their fullest potential as a dive instructor.

Applications for the following IDC start dates are now open:

  • 12 April
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Partnership with Casita Palma

If the student opts for the IDC-Deluxe or IDC-Supreme package, their accommodation will be arranged for them at Casita Palma. This small and quiet resort is within walking distance from Dive Friends Bonaire’s main dive shop location and has everything you need to relax after an intense day of IDC training. Breakfast is included, so the student will always be fuelled and ready for their day.

Contact Dive Friends Bonaire’s Course Director Eddy for more information: coursedirector@divefriendsbonaire.com.

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SOMABAY: Scubaverse Trip Review (Watch Video)

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In a video created exclusively for Scubaverse.com, Jeff Goodman visits SOMABAY in the Egyptian Red Sea to experience the diving on offer there.

Book your next Red Sea dive adventure with SOMABAY! For more information, visit www.somabay.com.

Stay at the Breakers Diving & Surfing Lodge when you visit! For more information, visit  www.thebreakers-somabay.com.

Find out more about ORCA Dive Clubs at SOMABAY at www.orca-diveclubs.com/en/soma-bay-en.

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