The Florida based deep-sea exploration firm, Odyssey Marine Exploration, Inc. has filed objections to a June 3, 2009 Report and Recommendation in the “Black Swan” Admiralty case. The judges recommendation… that Odyssey Marine give the 17 tons of gold that they found at a 200 year old shipwreck site back to Spain – the believed owners of the sunken vessel. The treasure is worth an estimated $500 million.
In May 2007, Odyssey Marine announced the discovery of the “Black Swan,” a Colonial period site located in the Atlantic Ocean. Yielding over 500,000 silver coins weighing more than 17 tons, hundreds of gold coins, worked gold, and other artifacts, it is believed to be the largest collection of coins ever excavated from a deep-ocean site. While there is no coherent vessel located at the “Black Swan” site, it is believed to be remains of the Nuestra Senora de las Mercedes, a Spanish galleon which exploded in battle and sank in the Atlantic Ocean west of Portugal in 1804, claiming the lives of 200 people. [Continue Reading →]
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