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MONDAY, MAY 12, 2008 6:32 am
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WEEK IN REVIEW
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Tuesday


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Monday


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Published: Friday, May 9, 2008

Spanish lay claim to treasure

MADRID, Spain -- Spain formally laid claim Thursday to a shipwreck that yielded a $500 million treasure, saying it has proof the vessel was Spanish.

Officials demanded the return of the booty recovered last year by a U.S. deep-sea exploration firm, saying the 19th-century shipwreck at the heart of the dispute is the Nuestra Senora de las Mercedes -- a Spanish warship sunk by the British navy southwest of Portugal in 1804 with more than 200 people on board.

Tampa, Fla.-based Odyssey Marine Exploration had announced in May 2007 that it had discovered the wreck in the Atlantic -- and its cargo of 500,000 silver coins and other artifacts worth an estimated $500 million.

At the time, Odyssey said it did not know which ship it was, and flew the treasures back to Tampa without Spain's knowledge, from an airport on the British colony of Gibraltar.

The Spanish government filed evidence in a Tampa federal court to support its claim.

"We are talking about the remains of a Spanish navy vessel and the human remains of Spanish naval servicemen who died on board which have been illegally disturbed," Culture Ministry Director General Jose Jimenez said.

"It is the property of the Spanish navy, government and people, and we want it all back," said Adm. Teodoro de Leste Contreras, who runs a naval museum owned by the ministry.

Naval and coin experts say they have proof that the treasure, now held in a warehouse in Tampa, came from the Nuestra Senora de las Mercedes. The coins included gold doubloons, or "pieces of eight," minted in 1803 in Lima, Peru, bearing the image of Spain's King Carlos IV, ministry coin expert Carmen Marcos said.


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