A company that searches for sunken treasure may have recovered the biggest collection of coins ever salvaged from a shipwreck.
Odyssey Marine Exploration has said that it has found more than 500,000 silver coins weighing 17 tonnes and hundreds of gold coins from a ship that sank in the Atlantic Ocean during the British colonial period.
The company did not disclose the location of the wreck code named “Black Swan” or the identity of the vessel. The silver coins could retail as much as U.S. $ 4,000 each, while the gold pieces are estimated to bring in substantially higher values.
The shipwreck was found beyond the territorial waters or legal jurisdiction of any country and treasure is not the property of any nation based on the Law of the Sea Convention - the company states.
The wreck was found in an area where many ships were lost during the British North American colonial era.
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