Free Republic

'There will be people going after the treasure' In brief The Merchant Royal sank in 1641 while carrying gold bars and Mexican silver In today's money, the ship's cargo would be worth in excess of £1 billion An expert scuba diver said people should be cautious about treasure hunting in dangerous seas A scuba-diving treasure hunter said he now fears a “dangerous” gold rush after what is thought to be the anchor of the most valuable British shipwreck in history was found off the coast of Cornwall. The anchor is believed to be that of the Merchant Royal, which sank...

Anchor from 'most valuable shipwreck in history' found Anchor found off of U.K. coast could be from one of Britain’s richest ship wrecks An anchor brought up in a trawler's fishing nets off the coast of the U.K. is reportedly from a 17th-century shipwreck. The anchor is believed to be from the Merchant Royal, which has been described as one of Britain’s richest wrecks, carrying cargo worth around $10.5 million. SWNS reports that the anchor, believed to be from the Merchant Royal, was brought up in a fishing vessel’s net 20 miles off Land's End, Cornwall. The merchant ship sank...