TAMPA, Fla. - Deep-sea explorers who found what could be the richest-ever
shipwreck treasure said Monday that the reaction to their discovery has
overwhelmed them. Meanwhile, claims on the loot started coming in even as they
were exploring new waters - television and movie deals.
In this photo provided by Odyssey Marine Exploration, Odyssey
co-founder Greg Stemm, left, examines coins recovered from the 'Black
Swan' shipwreck with an unidentified member of the conservation team
Thursday, May 17, 2007, at an undisclosed location. [AP]
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Odyssey Marine Exploration on Friday
announced the recovery of more than 500,000 Colonial-era silver and gold coins
possibly worth $500 million. The exploration company from Tampa has withheld
details about the shipwreck, where it was found or even what kind of coins they
had hauled back.
"We are overwhelmed by the worldwide interest in this project, and it
reinforces our belief that shipwreck exploration hits a nerve with the public. I
wasn't prepared for the response," Odyssey co-founder Greg Stemm said.
Stemm was in Los Angeles, where he was meeting with Disney representatives
about possible projects for the large and small screens. Disney spokeswoman
Cherise McVicar said the entertainment company began film discussions with
Odyssey about a year ago, long before the company knew about the ship's
treasure.
In England, the find generated press reports that Odyssey had salvaged the
wreck of the long-sought British vessel Merchant Royal, which sank in bad
weather off England in 1641.
In Spain, the government said it was "suspicious" of Odyssey's find, given
that it recently gave permission to the company to hunt for the wreck of the HMS
Sussex in the Mediterranean Sea. Culture Minister Carmen Calvo said his nation
will claim the treasure if it turns out to be Spanish or was removed from
Spanish waters
Odyssey said Monday that its "Black Swan" project was not the Sussex, which
historians believed was laden with gold coins when it sank off Gibraltar in
1694.
Regarding the Merchant Royal, Odyssey did not confirm or deny anything.
"The 'Black Swan' bears characteristics of one shipwreck in particular, but
some of the evidence gathered to date is inconsistent with our research, so we
want to be sure of the identity before we announce it," the company said in a
statement.
A federal judge in Tampa granted Odyssey exclusive salvage rights last week
to an unspecified shipwreck site near the English Channel, about 40 miles off
the southwestern tip of England. That is the area where historians say the
Merchant Royal went down in 1641, and salvagers have been hunting it for years.
British newspapers reported Saturday that shipping records and witnesses
indicate Odyssey's ships were working in the area last year, likely looking for
the Merchant Royal.
Historians say the Merchant Royal took on water and sank while transporting
loot from Spain to Belgium to pay the Spanish army stationed there at the time.
The Daily Mail in London asserted that the Merchant Royal treasure was
"stolen by Americans," who secretly spirited it back to the United States to
keep Britain from making a claim.
Odyssey said Monday that its recovery conformed with salvage laws, the site
was beyond the territorial waters or legal jurisdiction of any country and the
coins were legally exported to the United States.
"We do believe that most shipwrecks that we recover,
including the 'Black Swan,' will likely result in claims by other parties," the
company said. "Many will be spurious claims, but we anticipate that there might
be some legitimate ones as well. ... It is the opinion of our legal counsel that
even if a claim is deemed to be legitimate by the courts, Odyssey should still
receive title to a significant majority of the recovered goods."