is what they're calling this discovery in the waters off Colombia. 17 billion dollars worth of gold! Amazingly preserved they say. I think every man has a boy inside him who gets excited over the thought of a sunken ship laden with treasure.
The silver and gold was mined in Potosí, Bolivia, using slave indigenous labor.
I think their descendants should sue for the entire treasure.
A treasure hunting company claims it found it in 1981 and provided coordinates to the Colombian government. The company is suing the Colombian government for half the treasure, and the arbitration case is currently being heard in London.
@Northwest likely to go with the country where it was found.
Unfortunately international law gives "salvage" rights to the country where the country has defined it's water borders. It doesn't matter who found it either as long as it's within the countries predefined water borders.
It's sort of like USA laws apply within our hundred mile limit. But not past that limit.
