Spain | CoinNews

Judge Rules for Spain in Odyssey Discovered Shipwreck Treasure

Darrin Lee Unser — Mon, 28 Dec 2009 14:47:33 +0000

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 […]

The post Judge Rules for Spain in Odyssey Discovered Shipwreck Treasure first appeared on CoinNews.

Spain Should Get Shipwreck Treasure from Odyssey, Says Judge

Mike Unser — Fri, 05 Jun 2009 17:03:04 +0000

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 […]

The post Spain Should Get Shipwreck Treasure from Odyssey, Says Judge first appeared on CoinNews.

Coin Treasure Claim from Peru Over "Black Swan" Shipwreck

Mike Unser — Wed, 20 Aug 2008 18:12:22 +0000

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 […]

The post Coin Treasure Claim from Peru Over "Black Swan" Shipwreck first appeared on CoinNews.

Odyssey Marine Exploration and Spain on National Public Radio

Mike Unser — Thu, 22 May 2008 07:13:49 +0000

National Public Radio (NPR) had a segment Monday, May 19, discussing the legal battle between Spain and Odyssey Marine Exploration for the 17-tons of Colonial-era coins recovered from the ocean floor. That legal dispute started back in May of 2007 when Odyssey discovered a 17th-century shipwreck, they code-named the “Black Swan”. Spain filed legal claims […]

The post Odyssey Marine Exploration and Spain on National Public Radio first appeared on CoinNews.

Odyssey Discovered Shipwreck Treasure Site Stays Hidden, Judge Orders

CoinNews.net — Thu, 13 Mar 2008 17:19:22 +0000

U.S. Judge Mark Pizzo ruled Wednesday that the location of the shipwreck site where 17-tons of Colonial-era gold and silver coins were hauled up from the ocean floor must be kept a secret. The legal dispute started back in May of 2007 when Odyssey Marine Exploration discovered a 17th-century shipwreck, they code-named the “Black Swan”. […]

The post Odyssey Discovered Shipwreck Treasure Site Stays Hidden, Judge Orders first appeared on CoinNews.

Odyssey Shipwreck and Legal Battle with Spain Moves Forward

CoinNews.net — Fri, 07 Mar 2008 00:36:03 +0000

A federal judge moved a legal battle forward by ruling Thursday on several counts between Spain and Odyssey Marine Exploration, a deep-sea treasure-hunting firm based in Tampa, Florida. The legal counts revolved around sites and a shipwreck that yielded a potential $500 million in Colonial-era gold and silver coins. Odyssey discovered a 17-ton bounty of […]

The post Odyssey Shipwreck and Legal Battle with Spain Moves Forward first appeared on CoinNews.

Judge Says, Unlock Shipwreck Treasure Secrets

CoinNews.net — Fri, 11 Jan 2008 19:57:10 +0000

Deep seas, adventure, mystery, suspense and a battle over who owns a sunken treasure ... they are the trappings of an action-adventure movie that could make hundreds of millions.

But it's not a movie. The money involved is no exaggeration and these are no mere plots titles. Everything is real. Florida based exploration, shipwreck and recovery company Odyssey Marine and the Spanish government have been waging a battle within the middle of a courtroom.

At stake are the rights to 17 tons of silver and gold coins - an enormous and extremely valuable coin hoard Odyssey discovered within the 'Black Swan', the code name they gave to the colonial-era shipwreck lying on the floor of the Atlantic Ocean.

On Thursday, Judge Mark Pizzo of U.S. District Court in Tampa ruled that Odyssey Marine must provide the location of the Black Swan and provide Spain an opportunity to inspect the treasure. In return, all information must remain confidential to protect Odyssey's interests.

Read the rest of this numismatic news article »

The post Judge Says, Unlock Shipwreck Treasure Secrets first appeared on CoinNews.

$500 Million Shipwrecked Treasure Hoard – Odyssey vs. Spain

CoinNews.net — Sat, 22 Sep 2007 19:05:43 +0000

Discover a mysterious shipwreck, give it a cool code name, secretly haul from it a spectacular treasure of coins possibly worth $500 million, and then announce it to all the world. What do you get? In this day and age, a free trip to court and mounting legal bills! The Spanish government is battling Odyssey […]

The post $500 Million Shipwrecked Treasure Hoard – Odyssey vs. Spain first appeared on CoinNews.