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IPFS News Link • History

U.S. Treasure Hunters Find $200M Shipwreck

• slatest.slate.com
 
 
American treasure hunters announced Monday that they have located a World War II-era shipwreck believed to contain 200 metric tons of silver bullion – a total that would make it the largest haul of precious metal ever discovered at sea.

The treasure is thought to be worth more than $200 million. Under its contract with the British government, the American firm that found it, Odyssey Marine Exploration, will get to keep 80 percent of the find if it is able to bring the valuable cargo to the surface from its current resting place nearly three miles below the surface of the Atlantic Ocean, the BBC reports.

 

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