Battle Begins Over World's Richest Shipwreck

A fight over the San Jose's treasure involves Colombia, a U.S. company, and the history of Spanish colonialism.

The discovery of the San Jose shipwreck has all the elements of a great drama: international political intrigue, a treasure of gold and emeralds worth up to $17 billion, and now, accusations of lies and treachery.

The Colombian government announced in early December that they had found the San Jose, an 18th-century Spanish galleon that may be the most valuable shipwreck ever discovered. A U.S.-based salvage company, Sea Search Armada, immediately staked a claim, saying they had found the ship and registered its location in 1982. Now, Colombia has offered to allow the company to verify whether the San Jose is where the company said it was 33 years ago.

But Sea Search Armada (SSA) officials think the offer is a

DON'T MISS THE REST OF THIS STORY!
Create a free account to continue and get unlimited access to hundreds of Nat Geo articles, plus newsletters.

Create your free account to continue reading

No credit card required. Unlimited access to free content.
Or get a Premium Subscription to access the best of Nat Geo - just $19
SUBSCRIBE

Read This Next

Is banning fishing bad for fishermen? Not in this marine reserve
SeaWorld allegedly violated the Animal Welfare Act. Why is it still open?
'World’s worst shipwreck' was bloodier than we thought

Go Further

Subscriber Exclusive Content

Why are people so dang obsessed with Mars?

How viruses shape our world

The era of greyhound racing in the U.S. is coming to an end

See how people have imagined life on Mars through history

See how NASA’s new Mars rover will explore the red planet

Why are people so dang obsessed with Mars?

How viruses shape our world

The era of greyhound racing in the U.S. is coming to an end

See how people have imagined life on Mars through history

See how NASA’s new Mars rover will explore the red planet

Why are people so dang obsessed with Mars?

How viruses shape our world

The era of greyhound racing in the U.S. is coming to an end

See how people have imagined life on Mars through history

See how NASA’s new Mars rover will explore the red planet