William Phips - Treasure Hunting

Treasure Hunting

In 1682 Phips shifted to treasure hunting, making a voyage to the Bahamas as captain of the Resolution, seeking treasure from sunken Spanish ships. Although some accounts have characterized this early expedition as a failure, it was clearly profitable, returning shares worth £54 to its participants and crown agent Edward Randolph wrote in 1683 of Phips' "late successfull returnes".

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