‘Ship of Gold’ treasure hunter released from prison, but 500 gold coins remain unaccounted for - AP News

AP News
March 10, 2026
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3 min read

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Treasure hunter Tommy Thompson is out of prison but 500 gold coins worth $2.5 million are still missing.

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Treasure hunter Tommy Thompson has been released from federal prison after a decade, following his refusal to disclose the location of 500 gold coins recovered from the 1857 shipwreck of the S.S. Central America. Thompson was held in contempt of court since 2015 for obstructing efforts to recover the missing gold, which is valued at an estimated $2.5 million. Despite his release, Thompson still faces court orders requiring him to cooperate with authorities to locate the coins. His release comes with a $250 per day fine that has accumulated to over $1 million, which he is unlikely to pay. The whereabouts of the gold coins remain unknown.

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Treasure hunter Tommy Thompson was released from prison, but still faces court orders to locate missing gold coins.

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