Twice a week we compile our most fascinating features and deliver them straight to you. All Rights Reserved. Its cargo of gold, silver, and emeralds could be worth as much as $17 billion. FACT CHECK: We strive for accuracy and fairness. Shipwreck divers found an astonishing bounty of treasure aboard a shipwreck last month off the coast of Florida. A shipwreck believed to contain more than a billion dollars of gold has been discovered at the bottom of the English Channel. (Credit: Colombian Ministry of Culture), “I am very pleased, as head of state, to inform you that, without a doubt, we have found, 307 years after its sinking, the galleon San José,” Santos said, according to NPR. Santos made no mention of competing claims in his news conference on Saturday, and, to protect the wreck from looting, he did not disclose its location. For decades, researchers and governments have searched for a Spanish ship that sank more than 300 years ago, carrying gold and silver worth … A Miami, Florida, treasure salvage company plans operations in 2020 to recover gold estimated today at more than $7 billion that the firm asserts was aboard the RMS Republic when it … CNN reports that the company negotiated with the Colombian government to receive 35 percent of the ship’s treasure if recovered but then Colombia subsequently claimed all rights to the riches and was willing to provide SSA with only a 5 percent finder’s fee. "The REMUS 6000 was the ideal tool for the job, since it’s capable of conducting long-duration missions over wide areas," said WHOI engineer and expedition leader Mike Purcell. Billion Dollar Wreck’s expert team might have the RMS Republic’s alleged billion dollars accounted for, but the good news is, there’s still plenty of missing treasure out there to get your hands on.. There’s every chance you’ll find the following 10 missing treasures, succeeding where actually experienced hunters before you have failed. Bayerle's first attempt involving millions of dollars spent on an expedition in 1987 failed, leaving one participant dead, and one more in prison. Colombia Claims to Find Multi-Billion Dollar Shipwreck More The country's president says his government found the famed Spanish ship San Jose, worth an estimated $17 billion. The newfound treasure will be displayed in a new museum built by the Colombian Government, according to a statement. The vessel, built in 1903 and sunk when she was inadvertently rimmed broadside in poor visibility in 1909, is rumored to have on board untold millions in face-value gold coins - an amount that could exceed $1 Billion in … Colombia has announced the discovery of the wreck of the Spanish galleon San José, which could hold the world’s largest sunken treasure, worth as much as $17 billion. Say for arguments sake there is a real mother lode waiting below. The company sued in a United States court, but the case was dismissed in 2011. The Colombian president said that a museum will be built in Cartagena to house relics recovered from the wreck, but that process will likely take years. HMS Victory, the … If we visited our sites and found nothing then the game was over for SSA; we would fold our tent and leave,” he said. According to the Guardian newspaper, Spanish Culture Secretary José María Lasalle said his country was waiting to examine information from Colombia before deciding “what action to take in defense of what we consider to be our sunken wealth and in accordance with UNESCO agreements that our country signed up to years ago.”. Martin Bayerle, who first located the sunken RMS Republic in 270 feet of water south of the island Nantucket in 1981, makes his second major recovery mission to the wreck. A Canadian-piloted submarine was the first to identify a long-lost Russian shipwreck near South Korea, which is said to hold more than US$100 billion in gold. And, our original Russian State Bank shipment has since been increased from the original $3 million in US double-eagle gold coins (which gave our History Channel show its title Billion Dollar Wreck… Martin's Bayerle 30-year quest to find her fabled treasure. The Colombian government affirmed that the ship had been found in a location that had not been referenced in previous searches, but Jack Harbeston, SSA’s managing director, disputed the notion in an interview with the Huffington Post. Modern day treasure hunters say they've found a sunken ship off the coast of Cape Cod, Massachusetts holding one of the biggest fortunes ever discovered in the ocean depths. New details about the discovery were released Monday with permission from the agencies involved in the search, including the Colombian government. Artifacts found in the wreckage of Spanish galleon San Jose. At the time of her sinking Donskoi was reportedly carrying 5,500 boxes of gold bars and 200 tons of gold coins with a street value today of $130 billion. A team of international experts discovered the remains of the cruiser Dmitrii Donskoi – sunk 113 years ago - near the island of Ulleungdo, the UK Telegraph reports. This November 2015 photo released Monday, May 21, 2018, by the Woods Hole Oceanographic Institution shows ceramic jars and other items from the 300-year-old shipwreck of the Spanish galleon San Jose on the floor of the Caribbean Sea off the coast of Colombia. Billions of dollars worth of treasure and spoils from an 18th century shipwreck, found by a robotic submarine, will be put on display in Colombia. Capt. Artifacts found in the wreckage of Spanish galleon San Jose. Bayerle and his company, Martha's Vineyard Scuba … Then suddenly, Wager heard a tremendous explosion, felt a blast of heat and shielded himself from a shower of burning timbers. © 2021 A&E Television Networks, LLC. A short video that was played at the press conference showed the launch of one of the autonomous underwater vehicles that were used along with sonar and special cameras to locate the wreck, and photographs supplied by the Colombian government showed what appear to be ceramic and porcelain vases, cannons and bottles on the seabed. On such a stagnant night, the smells of sulfur and brimstone lingered with a blanket of thick smoke that enveloped the combatants. Unfortunately, he only recovered wine bottles, plates and a toilet. Martin is joined by his son, Grant in this search. Now Bayerle and his son Grant are assured that they know the exact location of the sunken ship with possibly as much as a billion in gold aboard. After breaking the news on Twitter, the president said at a subsequent news conference in Cartagena that an international team of experts working with Colombia’s Institute of Anthropology and History discovered San José under approximately 800 feet of water on November 27. “If, as the [Colombian government] claims, there is nothing at the sites disclosed to it by SSA, why wouldn’t it let us visit the sites? Gunpowder aboard the Spanish galleon had apparently ignited, and all but 11 of San José’s men went down with the ship along with millions of gold and silver coins and a bounty of jewels. 11:35am Jul 19, 2018 The wreck of a Russian warship reputed to be holding $176 billion in gold bullion has been found off a South Korean island. The treasure was found in the wreck of the S.S. Republic, which sank during a hurricane off the coast of Georgia in 1865. 1K likes. (Credit: Colombian Ministry of Culture). The series will focus on treasure hunter Martin Bayerle’s search for the RMS Republic’s 150,000 American Eagle gold coins, which are worth billions in today’s market. The wreck of the Spanish ship called San Jose was found in 2015 off the coast of Cartagena, Colombia, according to the Woods Hole Oceanographic Institution. Wreck of Russian warship found, believed to hold gold worth $130 billion A South Korean salvage team has reportedly discovered the wreck of a Russian warship that is … Over $2.5 million was invested in the expedition. Explorers have found the wreck of a Russian Imperial Navy ship that was sunk 113 years ago and may contain $130 billion worth of gold bars and coins, according to news reports. Shortly after sunset, fiery cannon blasts lit up the night as broadsides of chains, scrap iron and cannonballs snapped the planks of the ships like matchsticks. The team announced Monday it recovered more than 60 pounds of gold, valued at more than $1 million. Grant Bayerle. Experts believe the ship's treasure is worth billions of dollars today. The lure of a billion dollars in gold and jewels is already spurring conflict over rights to the San Jose, found off Colombia's coast. For more than three centuries, the riches resting on the floor of the Caribbean Sea have tantalized treasure hunters, and on Saturday, Colombian President Juan Manuel Santos announced that the wreck of San José had finally been found. Original Productions and Platinum Dunes … 03 February 2009 • 11:17 am New details about the discovery were released Monday with permission from the agencies involved in the search, including the Colombian government. 24/7 coverage of breaking news and live events. To find the wreck, a team led by Maritime Archaeology Consultants utilized an underwater robot called the REMUS 6000. The Republic was the largest ship to sink in history to her day, only to be eclipsed by the loss of RMS Titanic in 1912. 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