An Untapped Cities reader, Alex Quintana, tweeted us about the shipwreck of the HMS Hussar last week, after reading our article about the abandoned North Brother Island. The HMS Hussar was a British ship that sank in 1780 after it hit Pot Rock in the difficult waters of Hell Gate passage near the Bronx. The frigate was reportedly carrying 960,000 British pounds in gold when it sank. According to the Bank of England inflation calculator, that’s almost 146 million pounds (in 2012 currency). According to The New York Times, an international coin dealer estimated the bullion could be worth $576 million. But others believe only two to four million in gold were on board. There is no official location of where it actually sank, and there are some conflicting reports. The New York Times reported that it sank in the East River in an article from 1985 when a salvage expert believed he had located the… Read More