‘Treasure just makes people crazy’: the mystery of the diamonds and jewels
HALIFAX — More than five kilograms of diamonds and jewels. A Picasso worth millions. Nearly 50 kilograms in cash.
The fate of many millions of dollars of valuables said to be carried aboard Swissair Flight 111 when it went down off Nova Scotia 20 years ago this Sunday remains unknown.
Insiders say the mystery may never be solved — an attempt to salvage the precious cargo was quickly abandoned, and any treasure hunters who seek to find it are doing it illegally.
“There was a lot of talk about it after the crash, that there had been all these valuables on board. That was a big deal,” said Stephen Kimber, author of the book “Flight 111: A Year in the Life of a Tragedy.”
“Somewhere down at the bottom of the ocean, theoretically, are those diamonds.”
When the plane hit the water off Peggy’s Cove on Sept. 2, 1998, all 229 passengers and crew on board died instantly and the fuselage shattered into several million pieces.
USS Grapple — an American navy ship equipped with a giant vacuum — was brought in to suck up debris from the sea floor. The Transportation Safety Board’s investigation report said more than 18,000 kilograms of cargo were recovered, but does not go into further detail.
According to Kimber, the plane’s manifest included a diamond from a “Nature of Diamonds” exhibition at the American Museum of Natural History in New York, one kilogram of other diamonds and about 4.5 kilograms of other jewelry, 49 kilograms of cash, and a multimillion-dollar version of Picasso’s Le Peintre.
Insurer Lloyd’s of London reportedly paid out an estimated $300 million for the diamonds and other jewels, and had applied for a treasure-trove licence from the Nova Scotia government to search the site following the federal investigation. But that plan outraged many of the victims’ relatives, and the company eventually withdrew its application.
A two-kilometre-square exclusion zone around the site was maintained for just over a year following the crash, the RCMP said.
“RCMP, DFO (Department of Fisheries and Oceans) and the Coast Guard conducted patrols of the area to maintain security of the scene. If someone tried to enter the area, they could have been charged with obstruction under the Criminal Code, or perhaps other offences under the various federal acts that might apply,” said Nova Scotia RCMP spokesperson Cpl. Jennifer Clarke in an email statement.
“Once the restrictions were lifted, the RCMP would not be aware of people going to the area to search for valuables, as it would not have been an offence or a police matter. This continues to be the case.”
John Wesley Chisholm, a Halifax-based TV documentary producer, raised the possibility that international treasure hunters could have been quietly searching the area in the years following the crash under treasure trove licences for nearby sites — including the wreck of HMS Fantome in Prospect, N.S.
“It’s a business that’s riddled with intrigue and deception,” said Chisholm, adding that there are roughly 10,000 shipwrecks along Nova Scotia’s rugged coastline.
“A very common treasure-hunting technique is to say, ‘Oh, yeah, we’re looking for this wreck over here,’ like the Fantome ... where they may, in fact, have been looking for the Swissair treasure.”
Chisholm said Nova Scotia’s laws at the time made it “the wild west of treasure hunting in the ocean,” but the rules were out of sync with global standards.
Today, treasure hunting is illegal in Nova Scotia.
Chisholm said the current provincial restrictions were implemented roughly a decade ago, “and the whole world of treasure hunting went radio silent after that.”
But that doesn’t mean it’s not still happening.
Kimber’s book said Picasso’s Le Peintre, valued at C$2.2 million, wasn’t specially packaged for shipping — it was simply inside a wooden frame and stowed with the rest of the general cargo.
But other cargo was handled with greater care, the book said.
It said the plane’s valuables case — a one-metre-high aluminum container with reinforced walls, a locked door and a metal seal — contained the exhibition diamond, which was being shipped back to its owner in Europe, along with 49 kilograms of banknotes destined for a U.S. bank in Geneva and the jewelry.
Kimber noted it’s not known if the valuables even survived the crash. “What you essentially have is a plane going 500 kilometres an hour and hitting water, which is like concrete,” he said.
“What happened was in one-third of a second, the tail of the plane was in the nose of the plane ... So it’s hard to know what happened to the things that were aboard the plane.”