Shipwreck with £16bn of treasure on board identified - fuelling international row over who owns it

Shipwreck with £16bn of treasure on board identified - fuelling international row over who owns it

From news.sky.com

The San Jose was lost for centuries, its £16bn treasure trove of gold and emeralds swallowed up by the Caribbean Sea. Not any more. Researchers say they have identified the "world's richest shipwreck", a discovery likely to fuel an international row over which country owns the 300-year-old galleon. The San Jose was sailing in 1708 as the flagship of a treasure fleet, made up of three Spanish warships and 14 merchant vessels, when it was sunk after an attack by the Royal Navy off the coast of Colombia. Powder magazines on board the ship detonated during the battle, destroying the vessel and sending almost all of its ... (full story)

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