Tag

Treasure Recovery

All articles tagged with #treasure recovery

"Centuries-Old Spanish Shipwreck Holding $17 Billion Treasure Set for Recovery"
world-news1 year ago

"Centuries-Old Spanish Shipwreck Holding $17 Billion Treasure Set for Recovery"

A Spanish ship, the San José, carrying an estimated $17 billion worth of treasure, including silver, gold coins, and Chinese porcelain, is set to be recovered after sinking off the coast of Colombia in 1708. The recovery effort, involving a joint collaboration between Colombian government entities, will utilize an underwater robot to extract items from the ship's surface. The discovery of the ship sparked legal debates over ownership, with UNESCO intervening to ensure the cultural heritage remains managed as a protected archaeological area of national significance.

"$17 Billion Spanish Shipwreck Recovery Looms"
archaeologyhistory1 year ago

"$17 Billion Spanish Shipwreck Recovery Looms"

The $17 billion Spanish galleon ship San José, which sank in Colombian waters in 1708, is set to be recovered in April, with its treasure of 200 tons of silver and emeralds, 11 million gold coins, and other artifacts. The recovery will be managed by the Colombian government and involves coordination between various agencies. The ship's ownership has been the subject of legal disputes involving Colombia, Spain, and a U.S. salvage company. UNESCO has intervened to prevent the commercial exploitation of the ship's artifacts, and the recovery process will be funded by the Colombian State.