|Colombia and Spain have started talks on the Galleon San Jose. The ship's ownership is disputed by both nations. Built in 1698, the ship was sunk after a battle with a British squad commanded by Captain Charles Wagner.|
The San José was a 60-gun galleon of the Spanish Navy. The ship is considered the holy grail of Spanish colonial shipwrecks.
|All but 11 of the 600 people on board perished, either incinerated in the explosion or drowned at sea. The San José was located by an international team led by Colombia’s Institute of Anthropology and History on Nov. 27, 2015 nearly 1,000 feet deep about 16 miles from Cartagena. |
Speculation says it likely had 7 to 10 million Spanish pesos on board at the time of its sinking, similar to its surviving sister ship, the San Joaquín.
Colombian president Juan Manuel Santos announces the discovery of the remains of the Galleon San Jose
|The San Jose was carrying one of the largest amounts of valuables ever to have been lost at sea. Estimates place the value of the cargo to at least $1bn.|
|A seafloor image of the shipwreck that the Colombian government has identified as the San Jose. The wreck has yet to undergo an archaeological exploration, leaving questions about what riches might be found. The type and number of bronze cannons found at the site leaves no doubt that ship is the San Jose.|