Main Menu
Join Undercurrent on Facebook

The Private, Exclusive Guide for Serious Divers Since 1975 | |
For Divers since 1975
The Private, Exclusive Guide for Serious Divers Since 1975
"Best of the Web: scuba tips no other
source dares to publish" -- Forbes
November 2021    Download the Entire Issue (PDF) Available to the Public Vol. 47, No. 11   RSS Feed for Undercurrent Issues
What's this?

American Gold Salvors Spared Criminal Action

from the November, 2021 issue of Undercurrent   Subscribe Now

A Spanish court has rejected a criminal action against Odyssey Marine Exploration, the American shipwreck salvor that had been accused by Spanish maritime archaeologists of ruining a historic wreck site when it stripped the site of more than 13 ton of precious coins 14 years ago.

The Florida-based underwater exploration company raised silver and gold coins worth an estimated $500 million from the wreck of the Nuestra Senora de las Mercedes, which it had discovered in 2007 off the coast of Portugal.

The Spanish frigate had sailed from Uruguay as part of a small flotilla and was carrying 574,553 silver coins and 212 gold coins minted from metal mined in Peru when the British sunk it in 1804 during the Battle of Cape Santa Maria.

Spain, and for a time Peru, disputed Odyssey's claim to the treasure, and after a protracted legal battle in the USA, Odyssey was forced to return their findings to Spain in 2012.

I want to get all the stories! Tell me how I can become an Undercurrent Online Member and get online access to all the articles of Undercurrent as well as thousands of first hand reports on dive operations world-wide

Find in  

| Home | Online Members Area | My Account | Login | Join |
| Travel Index | Dive Resort & Liveaboard Reviews | Featured Reports | Recent Issues | Back Issues |
| Dive Gear Index | Health/Safety Index | Environment & Misc. Index | Seasonal Planner | Blogs | Free Articles | Book Picks | News |
| Special Offers | RSS | FAQ | About Us | Contact Us | Links |

Copyright © 1996-2024 Undercurrent (
3020 Bridgeway, Ste 102, Sausalito, Ca 94965
All rights reserved.