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Shipwreck dubbed 'holy grail' discovered after being lost for 300 years with £16billion worth of treasure - Manchester Evening News

  • Researchers confirmed in 2015 the discovery near Baru Island, Colombia, of the San Jose Spanish galleon sunk in June 1708 carrying a treasure worth £16 billion.
  • The ship went down in June 1708 after its powder magazines exploded in a brutal encounter with the Royal Navy, while carrying gold, silver, and emeralds from Peru destined for Spain.
  • Underwater drones revealed images of coins minted in 1707 in Lima, Chinese porcelain from the Kangxi era, and cannons dated 1665, providing strong evidence that the wreck is the San Jose.
  • The scholars concluded that coins minted in Lima in 1707 indicate the ship was operating along the Tierra Firme trade route in the early 1700s, aligning with the known details of the San Jose galleon.
  • The find sparked legal disputes among Colombia, Spain, Peru, indigenous groups, and treasure hunters, while Colombian President Gustavo Petro pledged to raise the wreck by 2026.
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Over 300 years ago, the Spanish galleon San José was sunk off the coast of Colombia. It is suspected that there were gold, emeralds and silver on board. A precious cargo that is today estimated to be worth over 20 billion dollars. For this reason, the San José has been called the “holy grail” of shipwrecks and has long attracted treasure hunters around the world. In 2015, a ship was found...

·Stockholm, Sweden
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By Jack Guy, CNN New research revealing details of gold coins found aboard a shipwreck off the coast of Colombia provides further evidence that it was the San Jose galleon, a 300-year-old Spanish warship believed to contain artifacts worth billions of dollars. According to a study published Tuesday in the journal Antiquity, scientists used an unmanned underwater vehicle to inspect the wreck and captured images of some of its cargo.

·Idaho Falls, United States
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GB News broke the news in London, United Kingdom on Wednesday, June 11, 2025.
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