J. Y. Ellamo
October 4, 2024
Oceans worldwide hold untold riches hidden beneath the waves. Now treasure hunters are using cutting-edge technology to explore them, discovering some of history’s most treasured sunken finds from Caribbean waters to Arctic depths rewriting maritime history and uncovering fortunes lost at sea.
According to estimates by marine archaeologists and treasure hunting experts, the value of treasure lying beneath the waves could range anywhere between $60 billion to over $100 billion. Their calculations are based on historical accounts of sunken ships like colonial-era galleons carrying New World gold; warships hauling spoils of war; merchant ships transporting valuables around the globe – among many others
Over the centuries, thousands of ships have perished due to storms, pirate attacks, naval battles and navigational mishaps. European powers accumulated immense wealth during this golden era of seafaring from Americas, Africa and Asia that they transported back home leaving an abundance of treasure on the seafloor that modern explorers are eager to unlock and uncover.
Due to advances in deep-sea exploration…