'Most valuable treasure': $17 billion Spanish shipwreck from 1708 to be recovered
Colombia plans to recover $17 billion treasure from Spanish galleon ship San José that sank in 1708.
- Bilawal Riaz
- 1 min read
Colombian officials announce plans to recover the $17 billion treasure from the Spanish galleon ship San José that sank in 1708. The recovery efforts will be managed publicly and in compliance with regulations. The treasure includes silver, emeralds, gold coins, and valuable artifacts. The recovery is set to take place near Cartagena in Colombian waters, and the government aims to protect the cultural heritage. After years of legal disputes over ownership, Colombia has been granted rights to recover the shipwreck. The state will invest over $1 million in the process, which is expected to begin in April.