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Spanish Shipwreck

LOOK: Spanish Shipwreck's Treasure Shown For The First Time

AP | ALAN CLENDENNING | Posted 01.30.2013 | World

MADRID -- Spanish cultural officials allowed a first peek Friday at some of the 16 tons (14.5 metric tons) of shipwreck treasure worth an estimated $5...

Treasure Hunting in the 21st Century

Manuel Garcia Hernandez | Posted 05.09.2012 | College
Manuel Garcia Hernandez

On October 5, 1804, the Santa María de las Mercedes sank, filled with gold and silver coins, worth $500 million. The treasure lay on the ocean floor for over two centuries, until, in 2007, it was discovered and a new battle began.