Colombia's Quest for Billions: Retrieving Treasures from the "Holy Grail" of Shipwrecks

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Source: CBS News
Colombia's Quest for Billions: Retrieving Treasures from the "Holy Grail" of Shipwrecks
Photo: CBS News
TL;DR Summary

Colombia plans to retrieve objects from the 1708 shipwreck of the Spanish galleon San Jose, known as the "holy grail" of shipwrecks, which is believed to contain a cargo worth billions of dollars. The first attempts will be made between April and May, and the material extracted will be analyzed aboard a navy ship. The shipwreck has been the subject of legal and diplomatic disputes, with concerns raised about commercial exploitation and the loss of significant heritage. The exact location of the wreck is a state secret, and ownership rights to the sunken treasure are still being contested.

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