Status message

Operating in maintenance mode.

Sunken Ship Found, Estimated to Be Worth Billions

The remains of a ship that was wrecked over 300 years ago have been found, and it's the most valuable shipwreck haul ever recovered. The estimated worth of the treasure that was on board is over 17 billion dollars. It's been dubbed the 'holy grail' of shipwrecks.

The San Jose was a Spanish galleon ship from the 18th century. The ship set sail during the Spanish War of Succession in June of 1708. The huge ship, with three masts and 62 guns, had 600 people on board and was transporting booty to Spain.

The massive treasure of gold, silver and emeralds were meant to help finance Spain so it could defeat Britain in the war.

Unfortunately, the ship went down and never made it. English Commodore Charles Wager of the Royal Navy encountered the ship more than a dozen miles off the coast of Cartagena, and a battle began between the ships. Wager was planning to take control of the ship and confiscate the treasure, but the powders that the San Jose was carrying detonated. It went down, with all 600 souls and all its treasure, before Wagner could get to it.

It's been a mystery ever since as to where wreckage lie. Since the ship was carrying one of the most valuable collections of treasure to ever be lost at sea, it became known as the 'holy grail' of shipwrecks.

In 2015, three hundred years since the ship sank, the Columbian Navy, Columbia's archeology institute and a team of international experts banded together for a search. Using a REMUS 6000 autonomous robot, they found the wreckage using sonar.

"The wreck was partially sediment-covered, but with the camera images from the lower altitude missions, we were able to see new details in the wreckage and the resolution was good enough to make out the decorative carving on the cannons," said Mike Purcell, engineer and leader of the expedition with the Woods Hole Oceanographic Institution (WHOI).

"It was a pretty strong feeling of gratification to finally find it," said Rob Munier of WHOI. "It was a great moment."

President Juan Manuel Santos of Columbia has called the find 'one of the greatest - if not the biggest, as some say - discoveries of submerged patrimony in the history of mankind'.

The ship's remains, and all the treasure, were discovered some 2,000 feet deep somewhere off the coast of Columbia. The exact location is not being disclosed due to a big dispute over who is the rightful owner of the treasure.

"We've been holding this under wraps out of respect for the Colombian government," said Munier.

Sea Search Armada (SSA) and Columbia are now engaged in a heated legal battle for the treasure. The SSA, a U.S.-based salvage company, claims that they first found the general location of the wreckage back in the 1980s. Initially the SSA and Columbian government agreed to split any proceeds, but the Columbian government later said that all the treasure would belong to the country. In 2011, a U.S. court backed up Columbia in its claim.

United Nations Educational, Scientific and Cultural Organization is asking the Colombian government to not exploit the wreckage while investigations are underway.

At this point, there are no plans about unearthing the treasure and bringing the remains of the wreckage on dry land.

Source: Daily Mail
Photos: You Tube, Times Of Isreal

Tell Us What You Think

More News Stories

Parents of the students in the Maury County School District in Tennessee were not too happy when they found out their children were instructed to...

A woman in Australia says a bunch of 'eight-legged freaks' are invading her home. No matter what she tried to do, they just 'kept coming' as they...

The debate over NFL players protesting the National Anthem seems to be reaching its boiling point. Jerry Jones, owner of the Dallas Cowboys, has...

The inspector general of the Department of Homeland Security found a huge mistake. At least 858 illegal immigrants with pending deportation orders...

A veteran tried to go out one night for a meal and brought along his PTSD support animal. When he went inside, one female diner flipped out over...

Latest News Stories

A chef in China who was making a dish from cobra flesh died when the snake's head bit him, more than 20 minutes after it was first cut off.

...

If you are under the impression that the world is a terribly messed-up place and mankind has no redeeming qualities, you have been watching too...

A new mom named Erika Poremski went out to get something from her car. Two minutes later she was horrified when she looked back at the house and...

A robber attempted to thieve a woman's home, but he was shot dead instead. The incident took place in Miami, Florida where 17-year-old Trevon...

Throughout the presidential campaign cycle, we saw a whole host of Hollywood A-listers come out in support of Hillary Clinton, but there was nary...