Odyssey Marine Exploration might have to give a half-billion dollars worth of gold and silver coins back to Spain because the treasure likely came from a Spanish warship and, if so, the vessel still belongs to Spain, according to a judge’s report.
All the evidence suggests the shipwreck, code-named Black Swan, is Nuestra Senora de Mercedes, a Spanish frigate that exploded and sank in an 1804 engagement with the British fleet, U.S. Magistrate Mark A. Pizzo writes in a June 3 advisory report for U.S. District Court in Tampa, Fla.
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