Colombia To Recover San Jose Shipwreck Lost Treasure

Colombia To Recover San Jose Shipwreck Lost Treasure

Colombia sped up their work in search of the lost treasure of the Spanish Galleon San Jose aka Holy Grail of Shipwrecks that happened hundreds of years ago.

Minister of Culture Juan David Correa said that President Gustavo Petro told officials to dig up the Spanish galleon San José from the Caribbean Sea before the end of his term in 2026.

“This is one of the priorities for the Petro administration,” he said. “The president has told us to pick up the pace.”

San Jose Holy Grail of Shipwreck Treasure

The 62-gun Spanish galleon San José, which is now known as the “Holy Grail of shipwrecks,” was trying to get away from a group of British warships off the coast of Colombia on June 8, 1708.

It sank with a treasure chest full of gold, silver, and emeralds that belonged to private Peruvian and European traders.  The treasure ship has sunk and is now about 700 feet below the surface of the water.

It is on the Continental Shelf, a few miles from the famous Caribbean port of Cartagena. It has been estimated in cases for decades that the treasure is worth between $4 billion and $20 billion.

No one knows for sure how much it is worth. It is also not clear who owns the wealth that has sunk. The news source says that in 2015, Colombia’s President Juan Manuel Santos said that the Colombian Navy worked with another company and found the shipwreck in a different spot on the ocean floor.

Glocca Morra, which now goes by the name Sea Search Armada, thought that the wreck that the Colombian Navy found was part of the same field of wreckage that was found in 1981. It is suing the Colombian government for $10 billion, which is about half of what the wealth is thought to be worth.

Also Read: Top 23 Biggest Lost Treasures That Were Never Found

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