San Jose: The Treasure-Laden Ship That Sunk Centuries Ago

Amna Shoaib
Colombia has apparently struck gold with its underwater expeditions.

If claims on Twitter are to be believed, the government of Colombia has finally found San Jose, the Spanish galleon that was carrying gold and silver worth $4 billion to $17 billion, before it was sunk by the British in 1708. President Juan Manuel Santos gleefully took to Twitter to make the announcement, promising more details later.

The ruins, which have been described as the "holy grail of ship wrecks" have caught the imaginations of many, and several futile searches were undertaken to locate it. The ship was carrying gold to the Spanish king to finance the War of Succession. It then joined the ranks of the thousands of galleons that sank off the Colombia coast during the colonial rule.

However, this is not the first time that claims have been made regarding the lost ship. A U.S. salvage company, Sea Search Armada, has insisted since 1981, back when it was in a partnership with the Colombian government, that it has located San Jose. Although a 2011 American court ruled that any treasure found would belong to Colombia, SSA has not backed from its claims.


A summary of SSA's 22+ years of litigation with the Colombian government:

Posted by Sea Search Armada on  Saturday, September 22, 2012