Colombian president orders recovery of $20 billion shipwreck treasure
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- čas přidán 6. 11. 2023
- The president of Colombia is calling for an accelerated recovery of the 300-year-old wreck of the ship San Jose that may hold a $20 billion stash of treasure, but an American company says half of that loot is theirs.
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#Colombia #Shipwreck #Treasure
I think the problem is if Colombia doesnt at least provide a $100 million dollars in finders fee to the group that found it, this will probably set a precendent to other treasure hunters not to work with the governments and go to private businesses instead.
The problem is Americans saying they want the money. The United States doesn't have any extradition laws for financial crimes committed in foreign countries.
The tricky part is the wreck lies exclusively inside Columbian coast, and not the high sea, which make it hard for anyone to claim finder fees if they (the Columbian government) is not offering any.
If these ship wreck group really did found it first and pass on those info before collecting...this is probably a very stupid thing to do. Either way, they wouldn't be able to salvage it if the wreck lies in Columbian waters..
you people have real listening comprehension problems. the coordinates were provided in exchange for 50%. they signed an agreement in exchange for the information. they never claimed it was outside of Colombian waters.
Exactly, if Columbia doesn't pay for the coordinators then future finds won't be brought to governments and made available to museums or scientists instead they'll go to private collections.
@imtryinghere1 well, first we don't know if such agreement exist. It could be or could not be. We don't know.
Second, If this wreck really does lies within Columbia, then even if they had an agreement it wouldn't work, because you would still need to seek permission from Columbia to salvage it, if you salvage zero, then 50% of 0 is still 0...and US will not have any jurisdiction on this unless they invade Columbia, so if you want to sue, you need to do it in a Columbian court, well good luck on that.
If there were EVER an agreement, the smart way to play is you don't give them the coord BEFORE you get the pay. If you had the coordinate you would know it's in Columbia and you loses all leverage and you know that coord is the only leverage...
Rules, regulations, and laws cease to be relevant to any government when there’s billions of dollars in question.
True. Professionals in the industry are losing the incentive to share details on findings with governments. It’s going to put the brakes on discovery (some governments already make it hard enough to receive licensure)
@@Richiespice790 and that’s the saddest part of all.
Those golden treasure's belong to the Mayan ppl
Apparently part of the problem is that the private company (Sea Search Armada) had found a debris field but didn't find a ship. In the 90's the Colombian government couldn't find any shipwreck near the coordinates provided by SSA.
The wreck of the San José wasn't found until 2015. It's not even clear - at least publicly - if the debris that Sea Search Armada found in the 80's is from this ship. Plenty of other ships were sunk in that area, and like I mentioned, they couldn't find a wreck before when SSA gave them coordinates of a debris field.
So the government's claims may be valid. We don't have enough info.
That ship belongs to me, my father was the captain of the ship, so Im claiming all the riches, I have a salvage company who will recover everything and I'll split 50-50.
Odd that the president wants it recovered before his term....we all know exactly where its going.
heck yes , that guy is a crook.
He’s just another Epstein for sure
We don't know that but we know where is NOT going for sure!
hopefully it's not going to America nor any American. Good luck Colombia
hey I'm American and I would spend that money wise by helping those in need@@symonsmith3497
Rick from pawn stars halfway down there already with chum Lee 😂
Rick: "I'll give you $2B in cash and $6B in store credit. I know the expert said it's worth $20B, but I'm gonna have to clean it up and then it's gonna sit on a shelf for a year or two until a really specific type of a buyer walks in looking for it. Recovered sunken treasure isn't the market it once was."
And i heard that Oceangate is renting him a Submersible too , ...
Chum Lee already has a deal going on for Columbian Powdered Milk.
Lesson. Never trust the government.
No . Lesson. Never trust a wooden ship , ...
Or else the American government will take it.
@@VirusForPrez Wood floats.....
Not when filled with gold , ...
i hope they keep everything for public display. so people can see how cool and awesome pirate treasures are in real life.
Whom is this video calls it "pirate" treasure?
Well that's not going to happen. You're asking greedy government Personnel to give up $20 billion? Good luck
Arrr
To recover it before the end of the presidential term sounds sus
Because a right wing government will side with an American company and share the profits. That’s what the previous government tried to do.
He wants to get credited for it
Very good point!! 25% percent of that treasure will mysteriously disappear during the recovery efforts
Donald Trump would've never done anything like that
Funding his next term perhaps 😅
Wow! What a big treasure.
Private company: "If we find the shipwreck, let's split 50% and 50%. Let's sign this contract".
Colombian gov: "sure let's do it".
*Private company finds the treasure
Private company: "Ok lets split the treasure per our contract".
Colombian gov: *swallows contract. "What contract?".
😂😂😂😂exactly 👍👍👍
That gold belongs to Colombia, it was being stolen by the spaniards. Spain became rich because of Colombian gold.
@@LeeTuatyIn reality God owns everything and we're just borrowing it. God created it God has dominion over everything we're to obey the ten commandments and the Spaniards they've been in trouble before do the Spaniards comprehend karma? Stealing is forbidden and against the ten commandments everyone must obey.
@@LeeTuaty to be specific it belongs to the Mayans
No@@teresaesquivel2040
Seems reasonable that he would want the treasure recovered while he could get his greedy hands on it.
Omg, this is amazing.
At that depth theres no doubt its a nervous wreck.
But still , ...they're under alot of 'Pressure' ...to get it all !
LOL! What a knee-slapper ☺️
Nervous? They turned me loose from the nervous hospital.
yer mom
@@mrvapor4791 Brilliant....who writes your material?
Spain shouldn’t even get to see it , let alone show them off. It should be allocated back to the South Americas countries. For the betterment of their peoples .
It depends. If they were stolen treasure, then yes, Spain should not get even one cents from this.
But if that is a colonial tax, then they should have a share, law of colonial tax is allowed even today (for example 14 African countries still paying colonial tax to france) and also
US unincorporated territories (such as Guam and Puerto Rico) are still paying US federal government taxes, even tho they were under a separate tax jurisdiction. So whether you like it or not, colonial tax are pretty much allowed, and if Spain can proof these shipment are indeed taxes, then it would be a hard case for Columbia
@@cosplayshop great info
@@cosplayshopThe answer of all ot that is probably located in “Archivo de Indias” at Seville, where all documents from Americas enterprise still remain. 😉👌🏻
Colonial tax is looting.
The natives were given debts that were not legal!! Belongs to them he natives only!
Such a thing should not be rushed. Should be recorded and carefully brought up slowly. He likely wants to nick loads of it
Exactly. And then slowly tipped over and poored right into my wallet.
@@figaro-dg5c5 You're thinking like an American. They're not like that.
You've been watching too many Trump videos.
@@figaro-dg5c5 I know what happens to people who are known to win big jackpots. They rarely survive two years. The best ones hire a lawyer and flee the United States. I would have a big bag full of thousand dollar bills, and I'd go around my hometown giving money away, every day, until a million was gone. I don't care what happens because of this, I can handle myself, thinking everyone else will have happy thoughts about me when I'm gone, just in case I come back.
@@_UsernameUnavailable_ The United States doesn't have any extradition laws for financial crimes committed in foreign countries. I'm surprised the Americans waited this long.
Having worked on several wrecks; Atocha, Margarita , San Pedro, etc.
I believe this wreck, which is beautiful and historic, is simply too deep to make it profitable to recover.
I worked an expedition in the Bahamas a few years ago and we found two 16th century Galleons fairly intact in 3,000 fsw using an AUV.
They are still there.😕
Really? Are you a Marine Archaeologist? :o
You know why its still there? Its not worth 20 billion.
@@hardassteelI think AUV means Automated Underwater Vehicle? Just a guess lol. FSW, no clue though
Fathom that. 3000 Feet Sea Water.
Yeah ? And my grandads uncles brother twice removed was blackbeard!!!
I guess I can hang onto it while they sort the dispute.
It belongs to all Latin American people. It should go to a museum.
Ok, Indiana. 🙄
Or to the people of
el mywalletto
@@figaro-dg5c5
Not Latin American; Native American.
💯💯
It belongs to Colombia 🇨🇴
The people who own the equipment to retrieve this is suddenly rethinking their fees.
yep smh, these companies will take a fat chump of what they find to lend their tech machines,
obviously for CO, better a 70% of something than a 100% of nothing
I assume that treasure Hunters would have a way of shrinking the treasure. There's no way they're going to hand $20 billion in gold to a corrupt government. The fees would have to be high and prepaid.
@@CalvinHikes Yeah the navy shows up and takes all of it....
Is it even possible to sue a country?
I'd hire Oceangate to retrieve the lost treasure 😂
You can all argue over who gets it but it's in Colombian waters, so it's up to Colombia to decide who can go get it. Which I would imagine, they would pick themselves. As anyone would..
A wild submarine has entered the chat
Imagine hiring someone to find something and not pay them. Just typical third world country always thinking they are in the right and that all are out to exploit them.
A deal is a deal.
@@BuIIet A submarine entered where?
@@ec6052 Issa meme jokey joke
Who finds huge piles of treasure and then blabs about it?
Someone who doesn't have the cash to go down there and get it , ...
Funny how humans haven’t figured out how to dive 700 feet underwater but can walk on the Moon.
Thats where i left my treasure ship at. Man, i have just been kicking myself for not remembering where it was. Well anyways, do you semd it to me or do i come pick it up? Dont worry, I'll give you guys a finders fee. But it better all be there or else... and thanks again for finding my treasure
There is something missing here. The private American company hired by the Colombian government in the 90’s gave other coordinates that were proven to be wrong later on. The actual location of the shipwreck was found by the Colombian navy with support of some European scientists like 7 years ago.
Then Colombia deserved full ownership of the shipwreck
Colombia might be lying so they get 100% of the riches.
Spain should get it, their ship their treasure. Colombia will just distribute it among a few elitists in the government and buy kids and cocaine with it.
@@qatarworldcupwinnermessi That would never happen in that part of the world.
Of course! When it comes to a treasure worth billions, lost at sea, I'm sure there will be all kinds of discrepancies and contradictions in everyone's story 😂
The guy is anxious to get his cut! 😂
The Colombian President sounds like he want's a piece of that finders fee before 2026.
It's Colombian gold not Spain and either U.S goverment
Many blessings to you💞 ✌🥰
Whoever's waters it's in its theirs there should be nothing to talk about other than Columbia found an amazing treasure
Columbia didn’t find anything
They didn't find it!
@@rneo8264Came here to say the same thing. Just like my shirt says, "It's Colombia, not Columbia". 😊
@@rneo8264 Columbia does exist, it’s just not relevant to these events.
ColOmbia***
Idk about 50% split with that private company but something should be given to the company. It wasn’t free to find the shipwreck.
Their cost for finding the wreck was their greed.
I think they should just leak the coordinates if Columbia is unwilling to pay. Fair is fair
I’ll come to your house ,take whatever l find in your basement,if that’s ok with you
It shouldn’t be loaned to Spain when Spain took it from South America. Many Natives of the area died for that treasure and it should stay with the people of South America.
Also a new religion and language given to South America the Spanish and Hernan Cortez, give the treasures to Spain it belongs to them.
@@catdaddy2643fuck Spain’s colonialism. Spain enslaved the native Americans to build their catholic missions in California.
@@catdaddy2643Did Spain not take enough from Central and South America?
Spain did far more for ing than giving.
Hernán Cortés overthrew the Aztecs and pitted tribe against tribe in Mexico. What a savior.
That conquistador (and more) got his title and twisted legacy. He came for gold, not a spiritual war.
I honestly don’t know what he did in Columbia, but as a colonizer and killer, I don’t see how he (or anyone else) makes a case for Spain to gain more cultural spoils.
This was by far the whites thing to say. Yeah we tried to steal it from you but you should share it anyways. That’s why we tried to steal it in the first place
@@genghis_connie because those countries speak the Spanish language and worship the God that the Spanish showed them I’m from America the freest country in the world and not even I understand or know how to speak Spanish or have I ever met an individual from Spain, I have met a few from South America that do speak Spanish but I cannot understand them so I try to teach them English for equality
Sharing is not in any government’s vocabulary
I discovered it in the 70s while on vacation swimming off shore
via colombia!!!!!
I’m very happy for Colombia this is a good boost for them
And for the U.S. I just hope the corrupt beurocrats don't steal it and it's invested on the people of Colombia.
@@commandoslayerInvested how? Agrees it should be “returned to sender” as in Columbia and the other South American sources from which they originated.
Maybe some need to be sold? Is that what you mean? In a museum?
I would hate to see private citizens buying these historic gifts from the peoples who will never get to see what their ancestors made, only to profit their government.
I think Spain is out of the question.
Even our museums are have, over time, been returning First Peoples’ museum artifacts back to their rightful tribes.
I hope to see more of that, even though it is sad to not be able to view them.
@@figaro-dg5c5 You swear, but you shouldn't care. Americans took over Central and South American countries in the 1940s. That was about taking over their wealth and oil for Uncle Sams' mywalletto.
This was stolen goods from south America and it should be returned!
After almost 100 years of drug and corruption problems?
I'd like to have one of those teacups
Can I please have a set
no prob. Take teacups, all gold is mine.
You think it's cured all the way up you think the rotation spread of the minerals have laps far enough for it to not collapse
What a surprise, politicians arguing with private companies on who can benefit more...
WOW . .WOW . .. ?
0:37 There's the answer to your questions. Just change "collected" with "stolen from"
Exactly! "Stolen from Indigenous people."
True. Thats what tax services do. “Stea… oops, Collect from the workers”
@@Darkmattermonkey77do you drive on public roads? Send your kids to public schools? Go to public parks and beaches?
@@Darkmattermonkey77 majority of "workers" (unskilled laborers) in the US don't pay taxes, and taxes are how the government collects the money it spends into the economy, simple accounting
Wicked. I lost that a while back. if you could send me the treasure that would be great. thanks.
Actually we'll be sending it to Vladimir Putin ,he said it was his !
AAAAAAH PLEASE!!!
THE TRULY HOLY GRAIL OF SUNKEN SHIPWRECK BOUNTY!!!
LOOK SERIOUSLY IN JAMAICA'S PORT ROYAL..THAT'S THE MOTHER OF ALL HOLY GRAILS!!
I like that Colombia is not recognizing the original finders fee agreement but want to work with private companies to recover it …. Good luck with that.
It should all go to Colombia and forget about the companies especially if they are foreign.
@@_UsernameUnavailable_ it should all go to Colombia or these companies should say nothing and stay out. Leave it where it is and everyone gets equal amounts of nothing problem solved.
Anyways, similar situations have happened before. A couple of years ago a court in the US ruled in favor of Spain and the company that found the treasure got nothing. That’s how it should be.
@@AM-yi4dd Especially if they are foriegn? what kind of nonsense is that? You think Colombia doesn't depend on foriegn companies ever?
insane how one of those gold coins is enough would sell for enough for me to retire and live a happy life
How so? If one coin weighs one ounce that would give you a value of 1.937$. At the current gold price.
That doesn't make sense.
if you think on coin sells for $2 than you're just dumb. pirate treasure goes for a lot esp. gold coins. if I recall on pawn stars one coin went for $60k and the dude got ripped off. @@Fischjesicht
@@Fischjesicht You think you can buy one for the price of gold??? lol
It definitely belongs to Colombia 100%
Nope, finders keepers
For the people ideally but not for the corrupt government!
Then they should have been the ones searching and finding it.
They had 300 freaking years.
NO
The treasure probably came from the peruvian mines.
Video: The location a closely guarded secret
Me: Could it possibly be somewhere off the coast of Cartagena? 🤔😆
He wants his cut badly.
It's on Colombia's "water rights" If they want to pay people to recover it that's fine other than that I know he's not diving down to get it by himself 😂
I recognize that part of the ocean. I know exactly where the treasure is.
So get your snorkel and fins and go get it !
The Colombian navy said they found the ship in 2015, but a private American company said it was them in the 1980s?
So, who is lying?
That's a deep recovery....
It is WELLLLLLL documented that Sea Search Armada found this treasure and gave Colombia the coordinates in exchange for half, when recovered. Therefore, they should absolutely get half.
I am a descendant of the sunken ship
It belongs in a museum
Yes, it does, Indiana Jones.
Meanwhile I'm drinking my Colombian coffee water this video.
If it’s worth $20B today, imagine what it was worth in 1708. Why would they put that much money on a battle ship that could literally end up on the bottom of the ocean floor ?
Just imagine how many 20 B dollar ships went down
Probably not a good idea to put valuables on a battleship 😂 but boats were the only way to move stuff back in the day
They didn't have a choice. Most of goods were looted from other countries and had to be transported back. Battleships were the safest way
It was the only way to cross the ocean,they didn't had airplanes🤦🏽♂️😂
Most of the value on that ship probably comes from its history. It probably wasn’t worth as much back then.
Just like all the others, a treasure hunter (or company) found it, and the countries are fighting to take it from them. "It was OUR ship 263 years ago, so, even though we lost it and never searched for it, it's still ours!".
Nor spent the money to retrieve it
Yeah with all the treasure plundered and stolen from the new world. The treasure in it belongs to Columbia you can have your ship back
Most likely is Aztec gold purubia. Gold somewhere around there but most likely it's Aztec lost gold ship that never made it to the old world
That belongs in a museum
hopefully they go to the museum in Colombia
Nah, it'll be $5M when they raise it. Things will mysteriously "disappear" along the way.
😂😂😂
The team that retrieves the treasure should keep a percentage and some should be put in a museum. Simple as that.
they should be given the value in money, these are South American heritage artifacts and should all be in a museum
@@lucas9269well maybe since the treasure is found, they should be the ones to retrieve it as well.
Interested to see how this plays out 👀.
Pirate: Argh! It is I!!! Who Rightfully Claims me Booty!
A Spanish ship sank, in Columbian waters, and Columbia gets to claim it, and might "loan" it to Spain.
I'm assuming, therefor, that if you spin out on an icy road and end up in my yard, I now own your car?
The car wasn't theirs in the first place 👍
Spain stole it from Natives and killed Natives . Spaniards use Natives as slaves to findd that gold ..so this gold belong to colombia
@@Cr1z_R It was
Columbia gave their word. You can see what that is worth.
For sure Columbia word is worthless. Never heard of that country. In the other hand Colombia owns that gold. No question about it.
^ "Colombia"
Very cool
This will turn into a battle, and eventually a movie, with much blood shed over greed gold.
I found a large cache of gold coins. I kept my mouth shut and Im still reaping the benefits of my good fortune. 😊
20 bilions?,yeah sure...
In general the Colombians take really good care of their waters, almost twice the size of Colombias land terrain. They would be able to get lots of oil sea drilling from their waters near Venezuelas
I imagine their president wants it all recovered before his term so that he can milk it before he leaves office. He wants to become a billionaire when he retires.
its probably worth 1B. how do you know its 20B. good way to catch everyone's attention
The wealth of this wreck has been reported for a long time. It was known at the time of sinking. You're talking gold greed-heads, down to the last gram.
They don't clarify whether it's worth 20 billion based on the current price of non historical gold, or if the historical aspect of the gold makes it worth that much money as a "collectible" coin, jewelry or whatever.
😂😂😂
I’m Roman and I want my coins that were found in Europe.
Pick up the pace before my term is over… in other words hurry up so I can cash out. Lol
They can find a ship from 300 years ago, but can't find Pablo Escobars missing millions...lol
The gold should be divided to all countries , Colombia, Ecuador and Peru. For sure . Company that found it should have part of.
And also the republic of mabank'account.
Population: me ;)
Historically, it's pretty interesting. If Columbia gets it all, hope its for the benefit of its ppl
haha your funny......
I claim ownership of the treasure.
Spain and England will show up to this meeting haha
It belongs to the people of Spain ! That’s who it was intended for ! That’s who I belongs to
It belongs to Columbia it's in their Waters and its comes from their Land
i like how they are fighting for stolen goods
When lost treasures are fund who found them should get the most if not all especially ship wrecks if the government has to get involved but didn't find it alone and even if it did should bless everyone with something
This treasure belongs to the South America indigenous peoples who should be accurately traced and who should rightfully benefit. Not greedy colonizing countries, greedy countries, or politicians who want to continue destroying indigenous populations and their resources.
Let's be honest, it belongs to spongebob squarepants now.
So what? You know how long ago that was, or how property rights work internationally?
Whoever can dive down there without Imploding , ... it's theirs !
@@VirusForPrezit’ll probably disappear in the pockets of corrupt officials. No common citizen will see a cent
Newsflash. They died centuries ago.
Good for Colombia, hopefully the money goes to improving life for the people of the country.
no they belong to a museum end of
Good for Columbia hope they get all the money.
At least its lot easier to get to than the Titanic! lol
Its the One Piece
Ya-yo Ya-yo!
John 14:6 Jesus said to him, "I am the way, the truth, and the life. No one comes to the Father except through Me.
1 Corinthians 15:3 that Christ died for our sins according to the Scriptures, and that He was buried, and that He rose again the third day according to the Scriptures.
Romans 10:9 that if you confess with your mouth the Lord Jesus and believe in your heart that God has raised Him from the dead, you will be saved. 🌎
I don't like the Romans; they took over too many countries.
There should be a finders fee especially if the government already agreed to give half the funds. If anyone did the government like that they would be jailed.
I can hear all of the pirates from the afterlife: "Arrrr" "Arrrrgh" "RRRRRRRRRRRRRRRRRRRRR" "rrrrRRRR Mate'y"
Historically, these gold coins belong to the indigenous people and their descendants of the western hemisphere, especially those from Colombia and South America who were forced to mine the gold in the first place.
their form the incas?
Most of the gold is from Peru. Columbia was just the port that launched the ships into the Atlantic.
Is the Colombian government really something you can trust?
Then who should get it… the U.S.?😂
Should latin american countries trust U.S.? Sounds like colonialisim 2. 0
I never said that but sure why not@@Lyingking323
@@Lyingking323 Well, Colombia owes the U.S million of dollars.
The US wants to talk about debt haha. @@j.a.3138
Going to have to channel my inner Nathan Drake.
National Treasure!
I was actually thinking Uncharted, but yeah that tracks too
Peach, I could eat a peach for hours.
This treasure belongs to the descendants of the indigenous people from whom it was stolen.
Thank you for your acknowledgement
Gold originally came from stars
You mean the actual
Colombians , are the natives mixed with Spanish descendants
no it belongs to a muesum end of
I say the ship and it’s treasure belongs to Columbia. It was in Columbia waters. Don’t give the American company anything!
To be fair, had the US not given the coordinates no one would ever know it was there. A deal is a deal. The US should get half.
@@l01j99The US would just end up giving it away to Israel or Ukraine. It is Colombian waters.
Isnt that a bad idea tho? That means next time a treasure is found the finders will just seek a private business instead of working with the government to pull the treasure. Also they had a previous agreement which the government negged on
@@l01j99it was found by the Colombians. Americans found it with the help of the Columbians according to the video. The treasure is from South America and it’s in Columbia waters. The columbians should get it. If it was in American waters I’m sure the Americans wouldn’t give a cent. I wouldn’t
@@frankvuong1080true they had an agreement but in the end according to the video the Americans found it with help from the Columbians. But the facts are the ship and the treasure came from South America and it’s in South American waters… specifically Columbians waters. So I say the treasure should go to the Columbians. If the Columbians ant to give the Americans any of it then it should be up to the Columbians on how much to give them
That would roughly around the time ships were being jacked, not the mention captain morgan
“It belongs in a museum!”
Let's see. England, Spain, Colombia and the U.S. will battle it out. Columbia is the odds-on favorite but they will most likely require outside assistance. Spain actually has a solid claim to the ship and it's contents. Do we know as a fact that this wreck is in Colombian territorial waters? They could be just saying that to discourage other salvagers.
Don't see how the UK had a claim, they sunk that ship, unless they actually salvaged it and took procession and it went down again. UK most likely had no claim.
The US claim will be moot if this wreck is in Columbian water. You can't salvage that without the territorial right agreement. Unless the Columbian government is lying and its 12 NM out. Then everyone is fair game
@@cosplayshop Wiki states the Ship was sailing from Panama to Columbia. So maybe Panama will put in a claim also if it is Central American gold.
@redsocks771 Anyone can claim it, even you and me, the issue here is how legit the claim is, I mean Panama or any SA countries can of course throw their hat in but then what type of claim you submit is another issue. I don't know the history on this, but seems to me it would most likely ended up between Spain (the ships owner) and Columbia (the wreck site)
Whoever the captain of the ship’s direct ancestors are should get all of that bread. At the end of the day he would have been the last in charge of the boat. Your boat your bread
@@cosplayshop _"Don't see how the UK had a claim"_ - The British squadron was specifically in the area looking for treasure ships. The treasure was legitimate war booty. The British just weren't able to secure their prize immediately. So why not put a claim in now? Remember, there were no territorial sea limits back then.