What some call the “holy grail” of shipwrecks has been found off the port city of Cartagena, Columbia. The San Jose, a Spanish Galleon, has recently been found and is estimated to hold more than $1 Billion in gold, silver, gems and jewelry collected in the South American Colonies before 1708.
The ship, sunk by the British during the War of Spanish Succession (1701-1714), was on its way back to Spain to help finance that war.
The A place where one of the ships from the 1715 Fleet wrecked. Includes the beach and the water in the vicinity of the wreck. is being explored by the government of Columbia which intends to build a museum in Cartagena to house the additional treasure after its recovery.
More information can be found in a BBC article here.
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