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The Global Story
The 'Holy Grail' of shipwrecks
Jan 3, 2025
Gideon Long, a BBC business correspondent, shares insights on the staggering $18 billion treasure believed to be aboard the San José, a Spanish galleon sunk over 300 years ago. Underwater archaeologist Rodrigo Pacheco-Ruiz dives into the ship's rich history and the ongoing debates over salvage rights. They explore the fierce legal battles between Colombia and treasure hunters, alongside the ethical implications of raising the shipwreck. The discussion highlights not only the allure of hidden wealth but also the importance of preserving cultural heritage.
26:31
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Quick takeaways
- The ongoing legal battle for the San José's treasure involves varied stakeholders and raises significant questions about international law and underwater cultural heritage ownership.
- The estimated treasure aboard the San José reflects complex historical discrepancies and ethical considerations regarding the site’s treatment as a war grave.
Deep dives
The Mystery of the San Jose
The San Jose, a Spanish galleon that sank over 300 years ago off the coast of Colombia, is notable for its phenomenal cargo of treasure, including gold, silver, and emeralds, valued at potentially billions. Various theories surround its sinking, with the most accepted narrative indicating that British forces accidentally caused an explosion during a battle, leading to its rapid descent to the ocean floor. However, recent claims from Colombian officials suggest it may have sunk more gradually, with eyewitness accounts adding to the complexity of understanding its final moments. This shipwreck not only presents a tale of maritime history but also raises significant ethical considerations regarding the treatment of the site as a war grave, as approximately 600 crew members perished when it sank.
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