"could be ‘holy grail of shipwrecks’" Topic
4 Posts
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35thOVI  | 28 Feb 2024 2:11 p.m. PST |
Subject: Sunken Spanish galleon from 1708 could be ‘holy grail of shipwrecks' with $20 USDbn of treasure
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| Zephyr1 | 28 Feb 2024 3:50 p.m. PST |
Money-wise that's a big one, but the one I'd like to go after is Bobadilla's flagship, which sank in a hurricane while loaded with a solid gold table… ;-) |
| Shagnasty | 29 Feb 2024 9:53 a.m. PST |
Columbia is going to invest $4.5 USD m because "History is the treasure…" Right! |
| DeRuyter | 29 Feb 2024 11:41 a.m. PST |
Usually, a nation retains ownership of military wrecks, unless explicitly abandoned. But I think this depends on the wreck location, whether it is in territorial waters. The finder can claim salvage rights as well. There has been a lot of litigation over various Spanish ships wrecked off the coast North Carolina and in the Florida Keys. The most famous one is the Atocha which kept the treasure hunter Mel Fisher busy for decades and you can visit his museum in Key West. Longtime HMGS member Peter Hess, who sadly passed away some years ago was a diver and Admiralty law specialist who worked on some of these cases. |
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paints brigs for the British fleet.
