HMS Lutine (1779) anchor but no treasure. In 1913 the two bower anchors, carried at the ship's bow, each weighing were recovered and put on display in Amsterdam. Consideration was given by Lloyd's to setting the anchors up as a monument behind the Royal Exchange in place of a statue to Sir Robert Peel, but this was not carried out and only the wooden stocks, marked "Lutine" were forwarded to Lloyd's. Reportedly the outbreak of World War I prevented another salvage attempt. In 1933 an attempt was made to salvage the reported treasure, but was stopped when the salvage bell was wrecked by
HMS Lutine (1779) had considered the shoals impassable. The depth of water also constantly changes, and this has caused much of the difficulty in salvage attempts. "Lutine" was wrecked in a shallow channel called the IJzergat, which has now completely disappeared, between the islands of Vlieland and Terschelling. Immediately after "Lutine" sank, the wreck began silting up, forcing an end to salvage attempts by 1804. By chance, it was discovered in 1857 that the wreck was again uncovered, but covered again in 1859. The wreck was probably partially uncovered between 1915 and 1916, although no salvage was attempted because of World War I.