Skip to primary navigationSkip to main contentSkip to footer
  • SearchToggle Search Menu
Rasmussen Diamonds logo
  • AccountToggle My Account Menu
    Forgot Password?

    Don't have an account? Sign up now

  • WishlistToggle My Wishlist

    You have no items in your wish list.

    Browse
  • My BagToggle Shopping Cart Menu

    You have no items in your cart.

    Browse
  • Engagement Rings
  • Wedding Bands
  • Jewelry
    Rings
    Rings
    Bracelets
    Bracelets
    Necklaces & Pendants
    Necklaces & Pendants
    Earrings
    Earrings
    Watches
    Watches

    Explore All Jewelry
  • Education
  • Our Store
    Staff
    Staff
    History
    History
    Services
    Services
    Our Blog
    Our Blog

    Explore All Our Store
  • Contact
  1. Home
  2. Blog
  3. Colombian Army Releases Video of Treasure Strewn From San José Shipwreck

Colombian Army Releases Video of Treasure Strewn From San José Shipwreck

Published: Jun 9, 2022
Colombian Army Releases Video of Treasure Strewn From San José Shipwreck
Author: 
Howard Cohen

The Colombian army just released fascinating underwater footage of treasure strewn from the wreckage of the San José galleon — a warship sunk by the British Royal Navy in 1708.

Considered to be one of the richest treasure ships ever lost in the Western Hemisphere, the Spanish flagship had been carrying more than 200 tons of valuables, including high-purity gold doubloons, silver coins and chests filled with emeralds. The bounty is estimated to be worth up to $17 billion.

The San José languished on the ocean floor at a depth of nearly 1 kilometer (3,280 feet) for more than 300 years. The Colombian navy formally announced the ship's discovery in 2015 near the port of Cartagena on Colombia's coast. Its exact location is considered a state secret.

For many years, a number of entities have claimed ownership of the treasure, including Colombia, Spain, the Qhara Qhara nation of indigenous Bolivians and a professional salvage company.

According to the BBC, Spain had claimed the San José as a "ship of state" as it was under the country's control when it was sunk. The indigenous Bolivians claimed the ill-gotten Spanish treasure was extracted from the wealth its people. The salvage company, Sea Search Armada, claimed to have found the San José wreckage in the early 1980s.

Built in 1699, the 127-foot-long, three-masted galleon had been escorting 11 merchant ships when it was attacked by a British fleet and exploded during the battle. Of the 600 people aboard, only 11 survived.

The video of the shipwreck taken by a submersible vehicle was shared by Colombian Minister of Defense Diego Molano Aponte. In the video, we can clearly see valuable items, such as gold coins, pottery and Chinese porcelain teacups, scattered across the ocean floor near the wreckage.

Colombian President Ivan Duque praised his country's navy for capturing "images with a level of precision that's never been seen before" and has vowed that the treasure from the wreck would remain in Colombia.

It's expected that valuables from the wreck will be exhibited in a museum to be built in Cartagena.

In an unexpected twist, while studying the site of the San José, the Colombian navy's submersible vehicle also spotted two new shipwrecks — one of a colonial boat and another of a schooner that dates back to Colombia's war for independence from Spain in 1819. Colombian officials have yet to offer details about what either ship might have been transporting.

Credits: Screen grabs via Twitter.com / Diego_Molano.

Categories
Latest Articles
Read Article: Jewelry Through the Ages
Jewelry Through the Ages
Read Article
Read Article: A Guy's Guide to Last Minute Gift Buying
A Guy's Guide to Last Minute Gift Buying
Read Article
Read Article: Winter Style Watch
Winter Style Watch
Read Article
Read Article: Why Shop Small?
Why Shop Small?
Read Article
Read Article: Capturing Brilliance
Capturing Brilliance
Read Article
See more
  • Previous Article
  • Next Article
Rasmussen Diamonds
Rasmussen Diamonds
6220 Washington Ave
Mount Pleasant, WI 53406
(262) 884-9474
1(866) 586-9474
Store Information
Store Hours
Mon - Fri:10:00am - 7:00pm
Saturday:10:00am - 4:00pm
Sunday:Closed
Policies
  • Privacy Policy
  • Return Policy
  • Best of Racine County 2023
  • The Knot

© 2025 Rasmussen Diamonds. All Rights Reserved. Website designed, maintained, and hosted by Punchmark. Accessibility Statement.

Learn how we use cookies in our Privacy Policy or manage cookie preferences.