The largest underwater treasure in history has been discovered: what is its value.

Scientists have confirmed the discovery of the sunken galleon 'San Jose' with royal treasures

Scientists from the Colombian Institute of Anthropology and History in Bogotá have confirmed the discovery of the famous Spanish galleon 'San Jose', which sank in 1708 with a cargo of royal treasures. The galleon was the flagship of the fleet transporting riches from South America to Spain. Its wreck in a battle with the English became one of the most mysterious maritime disasters of the colonial era.

The galleon carried up to 180 tons of gold, silver, and uncut precious stones. The modern value of the treasure may reach $17 billion, making it the largest known underwater treasure. The wreck of the 18th-century sailing ship was discovered in 2015, and identification of the vessel was only possible using a remotely operated underwater vehicle and photogrammetry.

'This is one of the most significant underwater archaeological discoveries of recent decades. The sunken ship has sparked international legal disputes over ownership rights.'

Colombia plans to recover artifacts for a future museum, although Spain insists on its ownership rights citing international maritime law. This dispute over ownership contains elements of an international legal conflict.

The discovered galleon 'San Jose' with royal treasures that sank in 1708 has become the subject of ownership claims between Colombia and Spain, raising not only scientific interest but also international legal disputes.