Sovereigns and Deep Water Ocean Treasures

Posted on October 10, 2011 by Kirk Hartley

More treasure stories related to Odyssey Marine Exploration.  This prior post covered an 11th Circuit ruling on sovereign immunity in a lawsuit between Odyssey Marine and Spain as to rights to treasure from a sunken ship said to have been on a sovereign mission. Now the NYT has a story by William J. Broad regarding two additional wrecks Odyssey is recovering with valuable silver bullion as cargo. These wrecks are being raised by contract agreement with the British government; the split is 80% for the salvagers and 20% for the government. Additional video is here.

What a cool way to earn a living. 

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