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Tuesday, February 28, 2012

Odyssey's Black Swan Named Sunken Coin Treasure Lands in Spain

 

Spain v. Odyssey Legal Dispute

A story lasting over five years involving 17-tons of sunken coin treasure and legal battles is apparently ending. Spanish officials are now processing 500,000-plus gold and (mostly) silver coins along with other objects recovered from the ocean floor.

This follows a federal judge ruling last week ordering the estimated $500 million worth of recovered treasure to be turned over to Spain by Odyssey Marine Exploration (http://www.shipwreck.net), based in Tampa, Florida. Odyssey had discovered the shipwrecked treasure in 2007 in international waters about 100 miles west of the Straits of Gibraltar.
Read the rest of Odyssey's Black Swan Named Sunken Coin Treasure Lands in Spain

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