The fight for the San Jose & billions
I'm speechless.
‘Most valuable treasure’: $17 billion Spanish shipwreck from 1708 to be recovered
The shipwreck’s deep-sea location, which remained a mystery until 2015, has been entangled in an international ownership debate.
ABC News
Colombia, Spain, Bolivian Indigenous groups and an American salvage company have all attempted to take legal ownership of the historical wreck, which is now estimated to be worth $17 billion, according to court documents from Colombia's National Legal Defense Agency, obtained by Business Insider in 2023.
How the San José Became the ‘Holy Grail’ of Shipwrecks | HISTORY
A fierce 1708 battle caused the Spanish galleon to sink—along with its $20 billion worth of gold, silver and emeralds.
Kieran Mulvaney
Colombia’s own Minister of Culture has declared that “the history is the treasure,” and although there are 20 billion reasons to feel otherwise, it is a sentiment that Coats endorses.
“The importance of the San Jose is not about financial wealth, it’s about cultural wealth,” she stresses—and the light it can shine on those who met their doom on a sunny evening more than 300 years ago.
That is a considerable amount of money.
#enoughsaid