- On 11/06/2008
- In Illegal Recoveries
From the Associated Press
Peruvian consumer rights advocates urged Peru's government Monday to claim some US$500 million in gold and silver coins found in a sunken galleon off the coast of Spain last year.
Some 17 tons (15.4 metric tons) of coins were discovered by a Tampa, Fla.-based treasure-hunting company, Odyssey Marine Exploration, when it raised a shipwreck west of the Straits of Gibraltar in May 2007.
Spain's government also claims ownership of the wreck and its contents — and has sued Odyssey, which hauled away the treasure.
But the Association of Peruvian Consumers and Users said the South American nation also has a right to the booty, since it believes the coins were made with Peruvian metals and minted in Lima.