From the Fleet Society Archives — October 1, 1968

On October 1, 1968, this story appeared in the Evening Tribune: Original Real Eight Company member Harry Cannon was addressing stockholders at an annual meeting recently and confessed that the Company had made a mistake that it would never make again. Mr. Cannon reported that one of their biggest recoveries was a rare gold whistle. Upon its recovery, the group jubilantly announced that in their estimation it was worth at least $50,000.00. In February 1967 the whistle was auctioned at New York’s Parke-Bernet Gallery. It was the highlight of the auction. And, as fate would have it, the whistle brought a high bid of…exactly $50,000.00! In an attempt at humor, Mr. Cannon indicated that going forward every artifact recovered would be termed “priceless”!