The Prague Post - Colombia to start recovering bounty from 18th-century shipwreck

EUR -
AED 4.343054
AFN 77.464136
ALL 96.578481
AMD 443.001294
ANG 2.116924
AOA 1084.432259
ARS 1696.425045
AUD 1.722632
AWG 2.13043
AZN 2.015092
BAM 1.955364
BBD 2.363473
BDT 143.548016
BGN 1.986001
BHD 0.442401
BIF 3475.425631
BMD 1.182587
BND 1.500966
BOB 8.109193
BRL 6.256361
BSD 1.173439
BTN 107.717999
BWP 16.277373
BYN 3.32206
BYR 23178.695489
BZD 2.360074
CAD 1.622687
CDF 2578.039008
CHF 0.928842
CLF 0.026073
CLP 1029.489324
CNY 8.24689
CNH 8.21806
COP 4228.657801
CRC 580.770597
CUC 1.182587
CUP 31.338542
CVE 110.240437
CZK 24.267271
DJF 208.973438
DKK 7.466899
DOP 73.933527
DZD 153.154875
EGP 55.703589
ERN 17.738798
ETB 182.791072
FJD 2.661179
FKP 0.866817
GBP 0.872725
GEL 3.18162
GGP 0.866817
GHS 12.79115
GIP 0.866817
GMD 86.329235
GNF 10278.709772
GTQ 9.006993
GYD 245.515296
HKD 9.221278
HNL 30.954103
HRK 7.533317
HTG 153.905708
HUF 382.153287
IDR 19840.785951
ILS 3.707232
IMP 0.866817
INR 108.414214
IQD 1537.357457
IRR 49816.456691
ISK 145.777895
JEP 0.866817
JMD 184.718842
JOD 0.838501
JPY 184.146504
KES 151.256298
KGS 103.416722
KHR 4722.947667
KMF 496.686746
KPW 1064.451335
KRW 1710.44627
KWD 0.362349
KYD 0.977982
KZT 590.738376
LAK 25359.349612
LBP 105085.885516
LKR 363.548997
LRD 217.091629
LSL 18.94048
LTL 3.491871
LVL 0.715335
LYD 7.466336
MAD 10.748905
MDL 19.97255
MGA 5308.817127
MKD 61.616271
MMK 2482.599361
MNT 4215.258085
MOP 9.4253
MRU 46.916546
MUR 54.292994
MVR 18.271409
MWK 2034.84661
MXN 20.533372
MYR 4.736855
MZN 75.57955
NAD 18.94048
NGN 1680.526824
NIO 43.180379
NOK 11.555294
NPR 172.348599
NZD 2.007958
OMR 0.454249
PAB 1.173539
PEN 3.936823
PGK 5.018882
PHP 69.733624
PKR 328.342141
PLN 4.208885
PYG 7847.251532
QAR 4.278347
RON 5.101724
RSD 117.373848
RUB 88.840205
RWF 1711.518652
SAR 4.433442
SBD 9.606873
SCR 16.856244
SDG 711.330129
SEK 10.584272
SGD 1.505082
SHP 0.887246
SLE 28.859447
SLL 24798.24684
SOS 669.450838
SRD 45.081425
STD 24477.153012
STN 24.494542
SVC 10.267712
SYP 13078.904017
SZL 18.935781
THB 36.920787
TJS 10.972155
TMT 4.139053
TND 3.416239
TOP 2.847384
TRY 51.246799
TTD 7.971224
TWD 37.116428
TZS 3004.130641
UAH 50.599026
UGX 4148.075755
USD 1.182587
UYU 44.440098
UZS 14242.826515
VES 416.584326
VND 31036.982812
VUV 141.323792
WST 3.258724
XAF 655.810877
XAG 0.011483
XAU 0.000237
XCD 3.196
XCG 2.114929
XDR 0.815618
XOF 655.810877
XPF 119.331742
YER 281.814608
ZAR 19.0597
ZMK 10644.701884
ZMW 23.02187
ZWL 380.792372
  • SCS

    0.0200

    16.14

    +0.12%

  • RBGPF

    -0.8100

    83.23

    -0.97%

  • CMSD

    0.0900

    24.13

    +0.37%

  • NGG

    1.3200

    81.5

    +1.62%

  • JRI

    0.0100

    13.68

    +0.07%

  • GSK

    0.5000

    49.15

    +1.02%

  • BCE

    0.4900

    25.2

    +1.94%

  • CMSC

    0.1000

    23.75

    +0.42%

  • BCC

    -1.1800

    84.33

    -1.4%

  • RELX

    0.0600

    39.9

    +0.15%

  • RIO

    3.1300

    90.43

    +3.46%

  • BTI

    0.9400

    59.16

    +1.59%

  • BP

    1.1000

    36.53

    +3.01%

  • RYCEF

    0.3000

    17.12

    +1.75%

  • VOD

    0.2300

    14.17

    +1.62%

  • AZN

    1.2600

    92.95

    +1.36%

Colombia to start recovering bounty from 18th-century shipwreck
Colombia to start recovering bounty from 18th-century shipwreck / Photo: Luis ACOSTA - AFP

Colombia to start recovering bounty from 18th-century shipwreck

Colombia's government on Friday announced an expedition to remove items of "incalculable value" from the wreck of the legendary San Jose Galleon, which sank in 1708 while laden with gold, silver and emeralds estimated to be worth billions of dollars.

Text size:

Culture Minister Juan David Correa told AFP that seven years after the discovery of the wreck off Colombia's coast, an underwater robot would be sent to recover some of its bounty.

Between April and May, the robot would extract some items from "the surface of the galleon" to see "how they materialize when they come out (of the water) and to understand what we can do" to recover the rest of the treasures, said Correa.

The operation will cost more than $4.5 million and the robot will work at a depth of 600 meters to remove items such as ceramics, pieces of wood and shells "without modifying or damaging the wreck," Correa told AFP aboard a large naval ship.

The location of the expedition is being kept secret to protect what is considered one of the greatest archaeological finds in history from malicious treasure hunters.

The San Jose galleon was owned by the Spanish crown when it was sunk by the British navy near Cartagena in 1708. Only a handful of its 600-strong crew survived.

The ship had been heading back from the New World to the court of King Philip V of Spain, laden with treasures such as chests of emeralds and some 200 tons of gold coins.

Before Colombia announced the discovery in 2015, it was long sought after by treasure hunters.

- Who gets the loot? -

The discovery of the galleon sparked a tug-of-war over who gets custody of its bounty.

Spain insists that the bounty is theirs since it was aboard a Spanish ship, while Bolivia's Qhara Qhara nation says it should get the treasures as the Spanish forced the community's people to mine the precious metals.

Since Thursday, Spain's ambassador to Colombia Joaquin de Aristegui, and representatives of Bolivia's Indigenous people have been taking part in a symposium with experts to discuss the best way to access the treasure.

The government of leftist president Gustavo Petro, in power since 2022, wants to use the country's own resources to recover the wreck and ensure it remains in Colombia.

De Aristegui said he has instructions to offer Colombia a "bilateral agreement" on the protection of the wreck.

Correa said Bolivia's Indigenous people have expressed their willingness to work with Petro's government.

The idea is "to stop considering that we are dealing with a treasure that we have to fight for as if we were in colonial times, with the pirates who disputed these territories," he added.

The expedition to start recovering the shipwreck's trove comes as a case is underway at the UN's Permanent Court of Arbitration between Colombia and the US-based salvage company Sea Search Armada -- which claims it found the wreck first over 40 years ago.

The company is demanding $10 billion dollars, half the wreck's estimated value today.

R.Krejci--TPP