The treasure has attracted multiple claims of ownership, but the Colombian president has said the recovery of the shipwreck is a 'priority' before the end of his term in office.
The 'Holy Grail of shipwrecks' is to be lifted from the floor of the Caribbean Sea on the orders of the Colombian government. The Spanish galleon San Jose, which sank more than 300 years ago, is believed to have been carrying 200 tons of treasure, including gold, silver and emeralds. Colombia President Gustavo Petro wants the recovery of the shipwreck to be one of the 'priorities' of his administration before his term ends in 2026.
A salvage company has also claimed to have first discovered the wreck in 1981. The Spanish flagship was found in 2015 by the Colombian navy, near the port of Cartagena off the country's coast with the Caribbean. Maritime experts consider the vessel to be the 'Holy Grail of shipwrecks' as they believe it also holds historical significance which could give more information on the political, social and economic climate in the early 1700s.
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