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General: Salvage news boggles shipwreck experts

Posted on 23.05.2007 - 17:00 EDT in GENERAL NEWS by Rons_ROV_Links

Salvage news boggles shipwreck expertsTAMPA, Fla., May 19 (UPI) - A U.S. company's reported discovery of a treasure-laden Atlantic shipwreck worth millions of dollars is being called a fish story by some maritime experts.

Skeptics told the Los Angeles Times they need more information about the wreck. Odyssey Marine Exploration claims it has thus far salvaged 17 tons of gold and silver coins valued as high as $500 million.

There is no such thing as $500 million on any wreck in the world, said Robert Marx, a veteran treasure hunter. Anybody who says so is ... lying.

Odyssey stunned the maritime archaeology world Friday when it announced the recovery of 1,000 items from a wreck identified only as a colonial-era ship. The name of the vessel and its location remain under wraps.

The ship is code-named Black Swan and rests somewhere in the Atlantic. The Times said Odyssey has filed court documents in Florida in the past involving a merchant ship that sank off England in the 17th Century.

Copyright © 2007 by United Press International
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