The chance of finding an undiscovered shipwreck full of treasure seems slim to slimmer for those who have considered treasure hunting as a career leaving would be sailors to choose more conventional career paths such as teaching or working as a researcher. The treasure, however, is still out there shown by the massive discovery of 17 tons of coins on a sunken Spanish galleon ship estimated to be worth over $500 million. Leaving your job or quitting school at this news would not be a great idea because a recent court ruling stated the treasure officially belongs to the Spanish government. Unfortunately for US Odyssey Marine Exploration who made the find, international treaties usually hold that the cargo of warship sunk in battle remain the property of a nation unless they formally relinquish ownership. The treasure will go to Spain hopefully to be displayed in a cultural heritage museum (and not used to pay the high interest coupons on Spain's recent sovereign bond issuances).
You can find the article here on the BBC News website
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