chefmike
05-19-2007, 01:11 PM
500 Million Bucks Under The Sea
Company stakes its claim on possibly largest shipwreck booty ever
MAY 18--The Florida company that today announced its recovery of about $500 million in silver and gold coins from a colonial-era shipwreck last year told a federal court of locating what appeared to be a 17th Century merchant vessel sitting on the sea floor, about 40 miles from the western coast of England. While the company, Odyssey Marine Exploration, did not further describe where in the Atlantic Ocean the nine-figure haul was recovered, 2006 federal court filings appear to indicate that the shipwrecked vessel was located last summer near the English Channel (though beyond the territorial waters of any nation).
article:
http://www.thesmokinggun.com/archive/years/2007/0518072ship1.html
Company stakes its claim on possibly largest shipwreck booty ever
MAY 18--The Florida company that today announced its recovery of about $500 million in silver and gold coins from a colonial-era shipwreck last year told a federal court of locating what appeared to be a 17th Century merchant vessel sitting on the sea floor, about 40 miles from the western coast of England. While the company, Odyssey Marine Exploration, did not further describe where in the Atlantic Ocean the nine-figure haul was recovered, 2006 federal court filings appear to indicate that the shipwrecked vessel was located last summer near the English Channel (though beyond the territorial waters of any nation).
article:
http://www.thesmokinggun.com/archive/years/2007/0518072ship1.html