Word: goldings
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...solution to one of the most intriguing naval mysteries in history, it went down with the most famous admiral of his time, it has the largest collection of bronze cannon in the world onboard and research suggests that it has one of the largest shipments of gold and silver that will likely ever be found on a shipwreck."(Read an interview with two Titanic wreck divers...
There's the rub. As Odyssey has discovered before, where there is gold and silver, there is likely to be controversy as well. The publicly traded firm has repeatedly provoked the ire of archaeologists who complain that Odyssey is more interested in profit than in protecting historically valuable artifacts. Currently, the company is locked in a court battle with the country of Spain over ownership of the remains of a ship that experts believe to be the 17th-century Nuestra Señora de las Mercedes...
...resources to carry out expensive, time-consuming exploration. As for treasure, well, thus far the only booty recovered from the Victory are two cannon, including a historically valuable 42-pounder etched with the crest of George I. But according to one contemporary newspapers account, there was ?400,000 of gold on board, not an unusual amount in a time when warships acted as the Brinks armored trucks of their...
...That gold could prove controversial. In 2002, Odyssey negotiated an agreement with the British government to share the value of any retrieved artifacts from a shipwreck believed to be the HMS Sussex. At the time, historians and archaeologists were outraged that the 'spoils' from the historically significant site would be divided and put in private hands, an outrage only increased by Odyssey's practice of selling artifacts individually in order to fund its expeditions. Noting that every coin is carefully catalogued so that no information is lost, Stemm defends the practice. "Selling these coins to pay for the archaeology...
Still, even if the gold controversy is resolved, the Victory presents one more twist that the Mercedes, at least so far, has not: Odyssey has discovered human remains at the site. In compliance with UNESCO guidelines that urge respect for gravesites, the company says its robotic diver re-buried the unearthed bones. Yet Sir Robert Balchin hopes they don't stay that way. "My own view is that the human remains should be brought up and properly buried on land," the Admiral's descendant says. "I think it's what John Balchin would have wanted...