Treasure haul in the Atlantic

Not much detail yet on this story; "colonial-era" is pretty vague. More will surely be coming out soon.

US treasure hunters have recovered half a million silver coins and hundreds of gold coins and worked gold from a colonial-era shipwreck in the Atlantic.

Odyssey Marine Exploration said the find was the largest of its kind and is worth hundreds of millions of dollars.

"The gold coins are almost all dazzling mint state specimens," Odyssey co-founder Greg Stemm said.

The team has kept secret the location of the wreck, codenamed Black Swan, citing security and legal reasons.

Company co-founder Greg Stemm said a formal announcement will come later, but court records indicate the coins might have come from the wreck of a 17th century merchant ship found off southwestern England.

Posted by David on May 18, 2007 10:09 PM