Rescued treasure lands back in Spain from U.S.

By Agence France-Presse
Saturday, February 25, 2012 13:36 EDT
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2007 handout image provided by Odyssey Marine Exploration. Image via AFP.
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Tons of gold and silver from the wreck of a 19th-century Spanish warship finally arrived in Spain on Saturday, more than 200 years after a British fleet sank it.

The arrival of the cargo from the Nuestra Senora de las Mercedessealed the end of a five-year legal battle between Spain and the US treasure hunters who hauled up the trove — worth at least 350 million euros ($470 million).

Two hulking military transport planes touched down at an airbase at Torrejon, north of Madrid, with the 23 tonnes of cargo including coins and artefacts packed in crates in their holds.

British warships sunk the Spanish frigate off the coast of Portugal near the Straits of Gibraltar during the Battle of Cape Santa Maria in October 1804.

Florida-based company Odyssey Marine Exploration discovered the wreck in May 2007 and fought in the US courts for the rights to the find, considered the most valuable sunken treasure discovery in history.

Spain was allowed to take the treasure when a judge in Florida this month denied Odyssey’s claim for the Spanish government to pay the costs of storing and preserving it, in the last court case in the saga.

Earlier judgements ruled that the treasure, including the coins minted in Peru, a Spanish colony at the time, counted as the property of Spain according to US treaties.

Miguel Morer, a spokesman for the Spanish defence ministry who travelled to oversee the collection, told AFP in Florida that the size of the total haul was estimated at around 23 tonnes, more than previously thought.

As well as 595,000 silver and gold coins, the trove includes religious images and chests.

Agence France-Presse
Agence France-Presse
AFP journalists cover wars, conflicts, politics, science, health, the environment, technology, fashion, entertainment, the offbeat, sports and a whole lot more in text, photographs, video, graphics and online.
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