|The HMS Sussex was an 80-gun ship of the English Royal Navy, lost in a severe storm on 1 March 1694 off Gibraltar. The flagship of Admiral Sir Francis Wheler was built in 1693 and sailed from Portsmouth on December 27, escorting a fleet of 48 warships and 166 merchant ships.|
Suspected to be on board were 10 tons of gold coins due to the Duke of Savoy, an ally of Britain.
|Historical records suggest that a shipment of gold equal to a million pounds sterling was destined for Savoy, aboard HMS Sussex. Evidence suggests that the payment went down with the ship.|
Between 1998 and 2001, Odyssey Marine Exploration searched for the HMS Sussex and announced that it had located the shipwreck at a depth of 800 metres.
Due to various conflicted interests Odyessey has "postponed further work on the project to allow diplomatic issues to be resolved."