Spanish officials arrive to pick up treasure - FOX 13 News

Spanish officials arrive to pick up treasure

Posted:

Spanish officials are in Sarasota right now inspecting millions of dollars in gold coins that were discovered by a company out of Tampa.

Odyssey Marine discovered the coins in 2007, but now, they have to give them all back.

It looks like the beginning of the end in the fight over who owns the rights to the incredible treasure.

595,000 gold and silver coins were discovered in 2007 from a 19th century shipwreck off the coast of Portugal.

It's worth about $500 million dollars, and the finders, Odyssey Marine Exploration, wanted to keep it.

The treasure came into Tampa back in 2007. In 2009, a U.S. court ruled Spain owns the treasure under international property law.

Last week, a federal court in Tampa dismissed Odyssey's appeal, and the Unites States Supreme Court rejected an emergency stay to prevent Spain from taking back the treasure.

Tonight, we're told experts from the Spanish Culture Ministry are looking at the loot at a warehouse in Sarasota.

Odyssey Marine won't get any money for finding the treasure. Macdill Air Force Base says two Spanish planes will be flown in to pick it all up. No date has been officially set, but the Spanish culture ministry says it should have custody of the treasure on Friday.
 

Powered by WorldNow

FOX 13 / WTVT-TV
3213 West Kennedy Blvd.
Tampa, Florida 33609
Main: (813) 876-1313
Newsroom: (813) 870-9630
Fax: (813) 871-3135

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices