Mercedes

A U.S. District Judge filed an order on Tuesday, Dec. 22, backing a magistrate court’s decision that a salvage reportedly worth around $500 million should be returned to Spain. The Magistrate’s decision occurred back in June and recommended the return of over 500,000 silver and gold Colonial era coins to Spain. That decision was brought […]

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Deep seas, adventure, mystery, suspense and a battle over who owns a sunken treasure… they are the trappings of an action-adventure blockbuster that could make hundreds of millions. But this is no movie plot. The treasure is real — possibly worth some $500 million — and a battle over its ownership wages on, but now […]

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The Odyssey discovery of the "Black Swan" 17-ton gold and and silver coin treasure, its recovery and legal battle with Spain over it will air Thursday, April 2, on the Discovery Channel’s "Treasure Quest." The episode is likely to be the most fascinating of the season, and on Tuesday, excellent background and a preview of […]

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The Republic of Peru on Tuesday entered the legal fray between Odyssey Marine Exploration and Spain over a 17-ton booty of Colonial-era silver and gold coins discovered at a shipwreck site Odyssey code-named the "Black Swan." That legal dispute started back in May of 2007 after Odyssey — a Florida based treasure hunting, and deep-sea […]

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The Association of Peruvian Consumers and Users (ASPEC) requested the Peru government to join the legal battle between Odyssey Marine Exploration and Spain over the sunken treasure trove of silver and gold coins discovered last year. Ownership of the 17-ton treasure found by Odyssey in May of 2007 is worth several hundred million, and has […]

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Florida-based treasure hunting, deep-sea exploration firm Odyssey Marine Exploration is back in court this morning at 9:30 a.m. (ET) with Spain. The legal battle over 17-tons of silver and gold Colonial-era coins continues in U.S. Federal court before Magistrate Judge Mark A. Pizzo. The coin treasure trove was recovered by Odyssey in May of 2007, […]

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The name of a 17th-century shipwreck bearing 17 tons of silver and gold coins discovered by Odyssey Marine Exploration may finally be known. News accounts have reported the estimated value of the treasure trove at around $500 million. Whether true or not, the potential value drew immediate attention and a resulting legal battle between Odyssey […]

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