Spanish galleon laden with £13bn in gold found at bottom of Caribbean Sea, 300 years after sinking

US scientists found a Spanish galleon laden with treasure worth up to £12.6bn at the bottom of the Caribbean Sea, more than 300 years after it sank. The San Jose, considered the holy grail of shipwrecks, was discovered three years ago off the coast of Colombia but few details were released at the time. The 62-gun, three-masted galleon sank in June 1708, during a battle with British ships in the War of Spanish Succession, with the loss of nearly 600 lives.

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May 22, 2018 at 11:45PM