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Silver Treasure, Worth $18 Million, Found in North Atlantic

Sea explorers announced Monday the discovery of a new sunken treasure that they plan to retrieve from the bottom of the North Atlantic.

Off Ireland in 1917, a German torpedo sank the British steamship Mantola, sending the vessel and its cargo of an estimated 20 tons of silver to the seabed more than a mile down. At today’s prices, the metal would be worth about $18 million.

Odyssey Marine Exploration, based in Tampa, Fla., said it had visually confirmed the identity of the Mantola with a tethered robot last month during an expedition and had been contracted by the British Department for Transport (a successor to the Ministry of War Transport) to retrieve the lost riches....

Read entire article at NYT