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Shipwreck Treasure Brings Claims, Rumors

Monday, May 21, 2007 7:37:37 PM
By MITCH STACY

In this photo provided by Odyssey Marine Exploration, Odyssey co-founder Greg Stemm, left, examines coins recovered from the "Black Swan" shipwreck with an unidentified member of the conservation team Thursday, May 17, 2007, at an undisclosed location. (AP Photo/Odyssey Marine Exploration)  TAMPA, Fla. (AP) - Deep-sea explorers who found what could be the richest-ever shipwreck treasure said Monday that the reaction to their discovery has overwhelmed them. Meanwhile, claims on the loot started coming in even as they were exploring new waters — television and movie deals.

Odyssey Marine Exploration on Friday announced the recovery of more than 500,000 Colonial-era silver and gold coins possibly worth $500 million. The exploration company from Tampa has withheld details about the shipwreck, where it was found or even what kind of coins they had hauled back.

"We are overwhelmed by the worldwide interest in this project, and it reinforces our belief that shipwreck exploration hits a nerve with the public. I wasn't prepared for the response," Odyssey co-founder Greg Stemm said.


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