Finally Found: Spanish Ship That Sank With $17B in Gold

A Spanish galleon laden with gold that sank to the bottom of the Caribbean off the coast of Colombia more than 300 years ago was found three years ago with the help of an underwater autonomous vehicle operated by the Woods Hole Oceanographic Institution, the agency disclosed for the first time.

New details about the discovery of the San Jose were released on Monday with permission from the agencies involved in the search, including the Colombian government."We've been holding this under wraps out of respect for the Colombian government," said Rob Munier, WHOI's vice president for marine facilities and operations.