7. Islander ship SS
Estimated Current Value: $186.972 million* Disappeared Year: 1901
Year Found: N/A (Salvage Efforts Started Right Away)
The 240-foot-long SS Islander was constructed in Scotland in the late 1800s. Reportedly the most opulent steamboat available, she was designed to traverse Alaska’s Inside Passage. Many affluent tycoons and businessmen considered her to be their favorite ship. She departed Alaska for British Columbia in 1901.
The SS Islander on Pinterest, @ella777111, and @eiteljorgmuseum
She carried a gold bullion valued over $6 million in 1901 currency (about $187 million once inflation was taken into account) on board. She ran into an iceberg, which left her forward port severely damaged. In twenty minutes, she sank. Even with prompt excavation efforts, the Canadian government managed to recover a very small portion of the gold bullion that was on board.
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