Odyssey Marine Exploration finds Largest Shipwreck Coin Treasure

May 19 2007, 9:00am CDT | by Luigi Lugmayr

Odyssey Marine Exploration announced the excavation of major shipwreck treasure.

The deep-sea treasure hunters recovered over 500,000 silver coins weighing more than 17 tons, hundreds of gold coins, worked gold, and other artifacts from a 1700 shipwreck at an undisclosed location.
It is believed that this recovery constitutes the largest collection of coins ever excavated from a historical shipwreck site. "The remarkable condition of most of the first 6,000 silver coins conserved has been a pleasant surprise, and the gold coins are almost all dazzling mint state specimens." said Greg Stemm, Odyssey's Co-founder. "We are excited by the wide range of dates, origins and varieties of the coins, and we believe that the collecting community will be thrilled when they see the quality and diversity of the collection."

There is still more treasure to be recovered, that is why the location is kept secret.
Via this Odyssey Marine Exploration press-release.

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Luigi Lugmayr
Luigi is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.