Colombia's Quest for Sunken Treasure Worth Billions

1 min read
Source: The Associated Press
Colombia's Quest for Sunken Treasure Worth Billions
Photo: The Associated Press
TL;DR Summary

The Colombian government plans to raise objects from the 1708 shipwreck of the galleon San Jose, which is believed to contain a cargo worth billions of dollars. The wreck, known as the "holy grail of shipwrecks," holds 11 million gold and silver coins, emeralds, and other precious cargo from Spanish-controlled colonies. The first attempts to retrieve the objects will be made between April and May, and the material will be analyzed aboard a navy ship. The shipwreck has been the subject of legal and diplomatic disputes, and in 2018, the Colombian government abandoned plans to excavate it.

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