Spain claims 500 million in sunken treasure from Florida deep-sea explorers

Friday 09th May, 05:31 AM JST

MADRID, Spain —

Spain formally laid claim Thursday to a shipwreck that yielded a $500 million treasure, saying it has proof the vessel was Spanish.

Officials demanded the return of the booty recovered last year by a U.S. deep-sea exploration firm, saying the 19th-century shipwreck at the heart of the dispute is the Nuestra Senora de las Mercedes—a Spanish warship sunk by the British navy southwest of Portugal in 1804 with more than 200 people on board.

Tampa, Fla-based Odyssey Marine Exploration had announced in May 2007 that it had discovered the wreck in the Atlantic—and its cargo of 500,000 silver coins and other artifacts worth an estimated $500 million.

At the time, Odyssey said it did not know which ship it was, and flew the treasures back to Tampa without Spain’s knowledge, from an airport on the British colony of Gibraltar on Spain’s southwestern tip.

The Spanish government filed evidence in a Tampa federal court to support its claim.

“We are talking about the remains of a Spanish navy vessel and the human remains of Spanish naval servicemen who died on board which have been illegally disturbed,” Culture Ministry Director General Jose Jimenez said.

“It is the property of the Spanish navy, government and people, and we want it all back,” said Adm Teodoro de Leste Contreras, who runs a naval museum owned by the ministry.

Washington-based lawyer James Goold, representing the Spanish government in the case, said U.S. Judge Mark Pizzo will convene the two parties to review the case before deciding who gets to keep the treasure.

Goold said at a Madrid news conference that he expected Odyssey would keep “not a penny” of the salvage.

Odyssey officials maintain there isn’t enough evidence to prove the vessel is the Mercedes, mainly because there is no hull. They said they have found only cargo from a shipwreck, not the actual vessel, according to a statement the company released Thursday.

Odyssey officials said they are surprised the Spanish government has conclusively said “the “Black Swan” treasure is from the Mercedes after viewing site photomosaics and video that show no hull, ballast pile, keel or vessel, and only a statistically insignificant sample of the coins from the site,” the statement said.

Spain argues that the entire treasure should be returned because naval vessels remain the property of the nation that flagged them, regardless of where they lie, under the principle of sovereign immunity.

Goold said Spain’s evidence—based on material provided by Odyssey under court order—proved the ship and cargo definitely were Spanish property.

“Spain has not abandoned or otherwise relinquished in any way its ownership of Mercedes,” Spain’s petition said.

If the coins are found to be from the Mercedes, Odyssey officials said “it is up to the U.S. District Court to determine the final disposition of the “Black Swan” treasure,” according to the statement.

Naval and coin experts say they have proof that the treasure, now held in a warehouse in Tampa, came from the Nuestra Senora de las Mercedes. The coins included gold doubloons, or “pieces of eight,” minted in 1803 in Lima, Peru, bearing the image of Spain’s King Carlos IV, ministry coin expert Carmen Marcos said.

The Mercedes exploded and sank in a naval battle as it sailed back to Spain from South America.

Spain’s claim said artifacts on the seabed, their distribution and other characteristics, as well as artifacts taken by Odyssey, “further identify the site as the remains of Mercedes.”

Odyssey also said the ship was probably the Mercedes after Pizzo last month forced the company to disclose information on the salvage, including the identity of the ship and its location.

13 Comments

SuperLib at 01:16 PM JST - 9th May

now held in a warehouse in Tampa

Anyone got an address? ;)
mosc1 at 02:08 PM JST - 9th May

Spain loves to make grand claims. Their catholic barbarians "claimed" all of the Americas! The ship sank in international waters, thus making it fair game for any and all. Spain lost its empire, because they lazily sat on their collective behinds while industrious people produced wealth. Alas the religion of the shiftless remains: why work when its easier to steal.
skipthesong at 02:20 PM JST - 9th May

Well, why didn't they go find it themselves?

Sorry, but issues like this, it is finders keepers for me.
Hughgarse at 02:46 PM JST - 9th May

def finders keepers!
super delegate at 05:32 PM JST - 9th May

Aren't Euros cute?

Just what is Spain going to do if rebuffed here?

Are they going to refuse to sell us their olives?
1keiron at 07:04 PM JST - 9th May

Finders keepers loosers weepers IMO! But another country about to be peed'd off with America..funny stuff
USNinJapan2 at 07:48 PM JST - 9th May

If Odyssey doesn't get to keep the loot, and furthermore if Spain refuses to pay for all costs incurred in the salvage of the treasure, then Odyssey should go dump it back in the ocean where they found it. Let Spain, if it has the technological ability, raise the treasure themselves if it means so much to them.
franz75 at 08:10 PM JST - 9th May

Hehehe Spain is clever. Let the some guys finding the treasure then claim it's yours by international laws. They should give all money to the countries they looted, the cultures they destroyed.
proxy at 09:01 PM JST - 9th May

Didn't Spain steal all that treasure from the Americas to begin with?
Sarge at 09:14 PM JST - 9th May

franz / proxy - LOL!

"Spain claims $500 million in sunken treasure"

Ha ha ha ha ha good luck!
soothsayer at 09:26 PM JST - 9th May

Are they going to refuse to sell us their olives?

Or just throw them at us?
Azrael at 01:27 AM JST - 10th May

Thieving is thieving. Give back the treasure of Nuestra Senora de las Mercedes and all remains! I'd rather see it in a museum, properly investigated and displayed - it's part of Ibero-American history. The US would do well in giving back the booty from excavations in Peru and other countries as well.
presto345 at 07:37 PM JST - 10th May

I get an idea of where the sympathies lie. Personally I do not automatically side with treasure hunters and grave robbers. I am not too familiar with international treaties governing the matter, but it would seem to me that property lost on the high seas does not as a matter of course becomes the property of those who find it. The finder may be entitled to a percentage of the treasure, but certainly not all. I expect Spain and OME to work out a compromise.