In a significant archaeological breakthrough, Colombia’s culture ministry has revealed the first artifacts recovered from the San José galleon, a shipwreck celebrated as the ‘Holy Grail of shipwrecks’ for its legendary treasure. The galleon, which sank in 1708 during an attack by the British fleet, is believed to hold approximately 11 million gold and silver coins, alongside emeralds and other precious cargo, with an estimated total value of $20 billion. The discovery has reignited global interest and disputes over its ownership, with multiple parties vying for the rights to the lost wealth.
Since its discovery in 2015, the San José has been a focal point of international scrutiny, drawing attention from Colombian authorities, Spain, and U.S. investors who claim they were the first to locate the wreck. Colombia’s archaeologists have now retrieved items such as a porcelain cup, coins, and a bronze cannon, all in remarkable condition. President Gustavo Petro, who has emphasized research over treasure hunting, expressed admiration for the artifacts, particularly the well-preserved cannon.
The shipwreck’s location, which remains a state secret, was found at a depth of nearly 2,000 feet in the Caribbean Sea, further complicating its recovery and ownership claims. While the government has pledged to pursue research rather than commercial exploitation, the potential for financial gain has sparked debates over how the treasure should be managed. Additionally, the discovery has led to other significant maritime finds, such as the identification of Captain James Cook’s HMS Endeavour and the discovery of a shipwreck in French waters, highlighting the growing interest in underwater archaeology and historical exploration.