1 00:00:04,640 --> 00:00:09,400 ♪ ♪ 2 00:00:12,120 --> 00:00:14,240 WOMAN (over radio): With up to a billion bucks of treasure on the line, 3 00:00:14,320 --> 00:00:17,320 this is going to be a fight all the way to the finish. 4 00:00:18,200 --> 00:00:21,040 MAN (over TV): So, who does it belong to? 5 00:00:21,120 --> 00:00:23,160 "We found it, it's ours", 6 00:00:23,240 --> 00:00:25,680 says Florida salvage company Odyssey Marine. 7 00:00:25,760 --> 00:00:29,160 The Spanish government says, "We don't think so". 8 00:00:30,440 --> 00:00:32,120 MAN (over TV): Lawyer James Gould is representing Spain in 9 00:00:32,200 --> 00:00:34,840 its legal battle with Odyssey Marine. 10 00:00:34,920 --> 00:00:38,080 GOOLD (off-screen): Sunken ships are like time capsules. 11 00:00:38,160 --> 00:00:42,440 I've specialized in protecting them from 12 00:00:42,520 --> 00:00:44,720 treasure hunting companies. 13 00:00:44,800 --> 00:00:48,320 Spain's history has been taken and we've gotta get it back. 14 00:00:48,400 --> 00:00:52,160 GOOLD (off-screen): But that doesn't mean that a US judge has to agree with me. 15 00:00:52,240 --> 00:00:53,680 I've got to prove it. 16 00:00:53,760 --> 00:00:56,040 NEIL: As far as I'm concerned, it didn't belong to Spain. 17 00:00:56,120 --> 00:00:59,440 NEIL (off-screen): We were conducting salvage operations 18 00:00:59,520 --> 00:01:01,160 in international waters. 19 00:01:01,240 --> 00:01:04,800 NARRATOR: At stake, not just half-a-billion dollars, 20 00:01:04,880 --> 00:01:08,240 but a crucial question, who owns history? 21 00:01:08,320 --> 00:01:11,680 The answer lies in a wreck over half a mile 22 00:01:11,760 --> 00:01:13,480 under the waves. 23 00:01:13,560 --> 00:01:15,720 MAN (off-screen): What, for you, is the difference between treasure 24 00:01:15,800 --> 00:01:18,200 hunting and marine archaeology? 25 00:01:18,280 --> 00:01:20,800 NEIL: Well, there's the thing. 26 00:01:20,880 --> 00:01:22,400 How long have we got? 27 00:01:27,800 --> 00:01:30,160 (theme music plays) 28 00:01:39,000 --> 00:01:41,240 TOM (off-screen): We went out in the Atlantic Ocean. 29 00:01:42,560 --> 00:01:46,320 The North Atlantic has a tendency to be on the bad side, 30 00:01:46,400 --> 00:01:49,880 storms come across the ocean on a regular basis. 31 00:01:49,960 --> 00:01:51,800 It was a difficult area to work in. 32 00:01:51,880 --> 00:01:55,520 TOM (off-screen): But, I have to say, we'd gotten quite good at that. 33 00:01:55,600 --> 00:01:59,160 We had made modifications to the ship over the years to 34 00:01:59,240 --> 00:02:01,640 help it operate better under those conditions. 35 00:02:01,720 --> 00:02:04,640 And, so, we just went out and started "mowing the lawn", 36 00:02:04,720 --> 00:02:07,360 is what we call it, covering it with sonar looking 37 00:02:07,440 --> 00:02:08,840 for more wrecks. 38 00:02:08,920 --> 00:02:12,840 All of these searches are hours and hours and hours of 39 00:02:12,920 --> 00:02:15,440 very tedious monitoring. 40 00:02:15,520 --> 00:02:19,280 TOM (off-screen): But you can't let your concentration stray. 41 00:02:20,080 --> 00:02:23,440 And we came across quite a number of shipwrecks 42 00:02:23,520 --> 00:02:25,080 in that area. 43 00:02:25,920 --> 00:02:28,720 TOM (off-screen): You know, a lot of these shipwrecks were unidentified. 44 00:02:28,800 --> 00:02:30,960 And so, we just kept doing that, mowing the lawn, 45 00:02:31,040 --> 00:02:32,640 funding more wrecks. 46 00:02:32,720 --> 00:02:34,560 TOM (off-screen): And then, all of a sudden, with the sonar, 47 00:02:34,640 --> 00:02:36,920 we came across little hard dots, 48 00:02:37,000 --> 00:02:38,960 which represents a debris field. 49 00:02:41,760 --> 00:02:43,040 NEIL: It didn't look like a shipwreck. 50 00:02:43,120 --> 00:02:44,680 Unless you knew what you were looking for, 51 00:02:44,760 --> 00:02:46,600 you wouldn't give it a second glance. 52 00:02:48,600 --> 00:02:50,440 NEIL (off-screen): So, they were going to put an ROV in the water, 53 00:02:50,520 --> 00:02:51,840 we were going to go down and have a look at this. 54 00:02:53,920 --> 00:02:57,160 SEAN: We're talking 1,100 meters to the seabed. 55 00:02:57,240 --> 00:02:59,840 That's twice the height of the Empire State Building. 56 00:03:00,400 --> 00:03:03,640 After 150, 200 meters, the daylight disappears, 57 00:03:03,720 --> 00:03:05,760 it's complete darkness. 58 00:03:08,000 --> 00:03:11,520 TOM: We drove towards the area with the ROV so that we tried 59 00:03:11,600 --> 00:03:14,840 to get a big picture of what it looked like. 60 00:03:15,200 --> 00:03:17,920 SEAN: Then, suddenly, Zeus turns on its lights and, boom, 61 00:03:18,000 --> 00:03:22,400 there are these rocks on the seabed and the ROV crawls in. 62 00:03:23,960 --> 00:03:27,080 NEIL: When you looked out the gloom and you saw down, 63 00:03:27,160 --> 00:03:29,400 these molehills. 64 00:03:30,200 --> 00:03:34,160 TOM: The ROV operator, he screamed, "That's coins". 65 00:03:34,240 --> 00:03:38,320 And the room just exploded because everybody else had 66 00:03:38,400 --> 00:03:39,840 been kind of afraid to say it. 67 00:03:39,920 --> 00:03:41,200 MAN (over radio): Look at that lot. 68 00:03:41,280 --> 00:03:42,840 MAN (over radio): Yes. MAN (over radio): Wow. 69 00:03:42,920 --> 00:03:44,080 MAN (over radio): Yay. 70 00:03:44,160 --> 00:03:46,400 MAN (over radio): Thousands. 71 00:03:48,880 --> 00:03:51,600 TOM: Yeah, there were just coins everywhere. 72 00:03:51,680 --> 00:03:53,080 It was unbelievable. 73 00:03:58,520 --> 00:04:01,160 Greg and I had known each other for quite 74 00:04:01,240 --> 00:04:02,720 a number of years. 75 00:04:02,800 --> 00:04:04,760 He would come out on the ship with us quite often whenever 76 00:04:04,840 --> 00:04:07,240 he could get away from the office for any period of time. 77 00:04:07,320 --> 00:04:09,240 TOM (off-screen): He loves the adventure. 78 00:04:09,320 --> 00:04:11,560 GREG (off-screen): Archaeologists actually run our operations. 79 00:04:11,640 --> 00:04:14,120 But we're also in a commercial business. 80 00:04:14,200 --> 00:04:15,960 We sell the duplicate coins. 81 00:04:16,040 --> 00:04:17,840 We'll make those available to the public 82 00:04:17,920 --> 00:04:19,360 so they can own them. 83 00:04:19,440 --> 00:04:21,920 SEAN: If you've got 15,000 coins which are all the same, 84 00:04:22,000 --> 00:04:25,000 put some in a museum, and sell the rest to pay 85 00:04:25,080 --> 00:04:28,320 for the science and perhaps create a bit of a profit. 86 00:04:28,920 --> 00:04:32,560 TOM: I think we had investigated six targets that day. 87 00:04:33,000 --> 00:04:37,960 And, so, when you suddenly had success, it's great joy. 88 00:04:38,040 --> 00:04:41,320 TOM (off-screen): This was the last shipwreck of the day. 89 00:04:44,560 --> 00:04:46,440 SEAN (off-screen): The site's a monster. 90 00:04:46,520 --> 00:04:50,000 It's 282 meters long, 100 meters wide. 91 00:04:50,080 --> 00:04:52,880 TOM (off-screen): It represented the size of a football pitch. 92 00:04:52,960 --> 00:04:54,880 It was unbelievable. 93 00:04:56,480 --> 00:04:59,120 And we just kept finding bundle after bundle after 94 00:04:59,200 --> 00:05:01,800 bundle of coins. 95 00:05:01,880 --> 00:05:04,480 NEIL (off-screen): And at this time we know we're clicking, wow, 96 00:05:04,560 --> 00:05:06,360 this is a lot of money here, this is hundreds of millions. 97 00:05:06,440 --> 00:05:08,760 But where's the rest of the wreck? 98 00:05:08,840 --> 00:05:10,640 Where is it? 99 00:05:10,720 --> 00:05:13,400 Why have we got all these mounds of coins 100 00:05:13,480 --> 00:05:16,960 and not any structure? 101 00:05:17,040 --> 00:05:19,720 SEAN: The ship wreck is something that has a keel, 102 00:05:19,800 --> 00:05:23,760 it has hull, you can make out different clusters or material 103 00:05:23,840 --> 00:05:25,280 or pottery or cannon. 104 00:05:25,360 --> 00:05:29,240 But this was just scattered as far as the eye could see. 105 00:05:29,320 --> 00:05:32,440 SEAN (off-screen): There is no part of the structure of a ship. 106 00:05:32,520 --> 00:05:35,440 It's gone. And it's confusing, right? 107 00:05:36,720 --> 00:05:40,160 NEIL: So, then, that's when the underwater detectives bit 108 00:05:40,240 --> 00:05:43,000 comes in, and reads the map and sees what it is. 109 00:05:43,080 --> 00:05:46,080 SEAN: And Zeus started to fly across the seabed, 110 00:05:46,160 --> 00:05:50,320 not touch anything, just take photographs. 111 00:05:50,400 --> 00:05:53,160 NEIL: Click, click, click, click, click, click, click, 112 00:05:53,240 --> 00:05:55,560 click, click, click, click, taking pictures. 113 00:05:55,640 --> 00:05:58,120 TOM (off-screen): It would oftentimes take two days, 114 00:05:58,200 --> 00:06:01,400 three days 'til we collected enough images to 115 00:06:01,480 --> 00:06:03,720 stitch them together. 116 00:06:03,800 --> 00:06:09,080 NEIL (off-screen): I think was it 13, 14,000 images of this photo mosaic. 117 00:06:09,960 --> 00:06:11,840 Wow. 118 00:06:11,920 --> 00:06:13,800 What have we got here? 119 00:06:13,880 --> 00:06:16,560 I've got this perfect map. 120 00:06:17,600 --> 00:06:20,840 It was unbelievable to see these mounds. 121 00:06:22,760 --> 00:06:25,440 SEAN (off-screen): This is a massive concentration of clumps of 122 00:06:25,520 --> 00:06:29,960 coins with copper ingots, bars of tin, 123 00:06:30,040 --> 00:06:33,400 and then some small finds. 124 00:06:33,480 --> 00:06:35,680 It's a strange mess. 125 00:06:35,760 --> 00:06:38,960 A random collection of artifacts, 126 00:06:39,040 --> 00:06:43,400 as if you've thrown something out of 100-storey window. 127 00:06:48,080 --> 00:06:51,600 TOM: You know, initially, we can't even say it's from one 128 00:06:51,680 --> 00:06:55,400 ship because it was scattered so far and wide. 129 00:06:55,920 --> 00:06:58,320 SEAN (off-screen): And nobody has seen anything like this before. 130 00:06:58,400 --> 00:07:02,040 How does a ship break up in such a way to form in this 131 00:07:02,120 --> 00:07:04,840 manner and what happened to the rest of it? 132 00:07:09,320 --> 00:07:12,240 GREG (off-screen): Until we get more artifacts up and identify it, 133 00:07:12,320 --> 00:07:14,840 all we know right now is that we found a shipwreck with a 134 00:07:14,920 --> 00:07:16,400 bunch of coins on it. 135 00:07:16,480 --> 00:07:18,920 And that's not a bad thing no matter where they came from. 136 00:07:20,720 --> 00:07:25,920 (ringing) 137 00:07:26,000 --> 00:07:28,520 JAMES (off-screen): I got this call out of the blue. 138 00:07:28,600 --> 00:07:29,720 Hello, Jim Delgado. 139 00:07:29,800 --> 00:07:31,000 It was Greg. 140 00:07:31,080 --> 00:07:32,320 Oh, hey, Greg. How are you? 141 00:07:32,400 --> 00:07:35,240 I don't know why Greg called. It surprised me. 142 00:07:36,320 --> 00:07:41,000 I met Greg Stemm at a conference in the UK talking 143 00:07:41,080 --> 00:07:44,280 about shipwrecks on the high seas and a new type of 144 00:07:44,360 --> 00:07:48,160 business model with selling the goods of the past. 145 00:07:48,240 --> 00:07:51,440 JAMES (off-screen): But I didn't know the man and I'd never worked with him, 146 00:07:51,520 --> 00:07:54,720 so I didn't have much of a sense of Greg. 147 00:07:54,800 --> 00:07:58,280 He said he was at a site and the most amazing thing was 148 00:07:58,360 --> 00:08:00,920 that there was no shipwreck he said. 149 00:08:01,000 --> 00:08:04,520 It was as if somebody had just discarded and thrown over 150 00:08:04,600 --> 00:08:06,160 chests of coins. 151 00:08:06,240 --> 00:08:08,440 Had I ever seen a sight like that? 152 00:08:08,520 --> 00:08:12,400 I said "No, I never had". 153 00:08:12,480 --> 00:08:14,360 It seemed rather strange. 154 00:08:14,440 --> 00:08:17,280 Said, "Are, are they pattered or positioned in a way that 155 00:08:17,360 --> 00:08:20,160 suggests that maybe a ship fell over and capsized, 156 00:08:20,240 --> 00:08:22,000 or is these more of a wreck buried?". 157 00:08:22,080 --> 00:08:23,800 JAMES (off-screen): He said, "No, it's just this money". 158 00:08:23,880 --> 00:08:26,080 I said, "Well, that's interesting. 159 00:08:26,160 --> 00:08:28,720 I've never seen anything like that". 160 00:08:28,800 --> 00:08:30,560 JAMES (off-screen): And when I hung up, I wondered, 161 00:08:30,640 --> 00:08:32,920 what was that all about? 162 00:08:33,000 --> 00:08:36,360 And that's the last I thought of it for a while. 163 00:08:39,840 --> 00:08:41,480 NEIL: Right way, we knew that there's a lot of value 164 00:08:41,560 --> 00:08:42,920 in these coins. 165 00:08:43,000 --> 00:08:45,920 NEIL (off-screen): So we decided on a methodology for an 166 00:08:46,000 --> 00:08:47,880 excavation in the site. 167 00:08:47,960 --> 00:08:51,080 TOM: We designed special tools to be able to protect these 168 00:08:51,160 --> 00:08:54,720 very fragile clumps of coins or artifacts that we had 169 00:08:54,800 --> 00:08:56,760 anticipated recovering. 170 00:08:56,840 --> 00:08:58,840 GREG: Wow. 171 00:09:00,760 --> 00:09:06,240 TOM (off-screen): There are just tons of coins coming up coated in mud, 172 00:09:06,320 --> 00:09:09,000 and the archaeologists would have to spend time sorting 173 00:09:09,080 --> 00:09:10,120 them out of the mud. 174 00:09:11,040 --> 00:09:13,360 NEIL: This stuff's really worse than baby poo 175 00:09:13,440 --> 00:09:14,680 on a blanket. 176 00:09:15,160 --> 00:09:17,920 TOM: And then recording all the details of each coin and 177 00:09:18,000 --> 00:09:20,160 giving it an artifact number and logging it. 178 00:09:20,240 --> 00:09:22,680 TOM (off-screen): You know, then it would go into a bucket where we put a 179 00:09:22,760 --> 00:09:25,840 preserving fluid to try to protect the coins as much as 180 00:09:25,920 --> 00:09:27,840 we could 'til we could 'em ashore. 181 00:09:27,920 --> 00:09:31,200 TOM (off-screen): And Greg was out there every time the vehicle came out and, 182 00:09:31,280 --> 00:09:34,640 you know, looking at, at what we had brought up. 183 00:09:34,720 --> 00:09:37,120 GREG: It's a lot of coins down there. 184 00:09:38,000 --> 00:09:40,120 NEIL: What was very interesting about the coin 185 00:09:40,200 --> 00:09:43,720 collection is the damage on these coins is obviously done 186 00:09:43,800 --> 00:09:48,080 through some traumatic force, such as a huge explosion. 187 00:09:48,160 --> 00:09:53,120 So, I was trying to separate the bent coins so that I could 188 00:09:53,200 --> 00:09:57,920 take them to an expert on explosions and work out how 189 00:09:58,000 --> 00:10:00,040 did this coin get bent like that. 190 00:10:01,000 --> 00:10:02,880 TOM (off-screen): We didn't know at the time, but, ultimately, 191 00:10:02,960 --> 00:10:06,120 we covered 17 tons of silver coins. 192 00:10:06,200 --> 00:10:08,600 And we did it in roughly three weeks. 193 00:10:08,680 --> 00:10:11,560 TOM (off-screen): It's an unbelievable recovery. 194 00:10:20,640 --> 00:10:23,600 NARRATOR: Odyssey decide to fly the coins and artifacts to 195 00:10:23,680 --> 00:10:27,360 the United States and file a claim on the treasure. 196 00:10:27,440 --> 00:10:30,680 TOM: We quickly filled up the cargo spaces of the plane, 197 00:10:30,760 --> 00:10:32,520 and we still had buckets and, so, 198 00:10:32,600 --> 00:10:34,360 they went unto seats and got individually trapped 199 00:10:34,440 --> 00:10:35,840 into the seats. 200 00:10:35,920 --> 00:10:37,440 GREG: This is so surreal. 201 00:10:43,000 --> 00:10:46,360 ♪ ♪ 202 00:10:49,240 --> 00:10:52,400 TOM (off-screen): We had not seen anything to identify the wreck. 203 00:10:52,480 --> 00:10:55,560 And, so, we kept referring to it as "The Black Swan", 204 00:10:55,640 --> 00:10:58,120 the code name that we gave to it. 205 00:10:58,200 --> 00:11:01,320 SEAN (off-screen): At the time, Greg was reading Nassim Taleb's book 206 00:11:01,400 --> 00:11:02,800 on the black swan. 207 00:11:02,880 --> 00:11:05,640 A black swan event is something that is completely 208 00:11:05,720 --> 00:11:09,720 unexpected and utterly transforms the world we live in. 209 00:11:09,800 --> 00:11:13,120 So, everything sort of clicked into place. 210 00:11:14,960 --> 00:11:17,640 WOMAN (over TV): But deep-sea explorers out of Tampa have 211 00:11:17,720 --> 00:11:19,760 struck gold for real. 212 00:11:19,840 --> 00:11:22,600 Divers for a company called Odyssey Marine Explorations 213 00:11:22,680 --> 00:11:25,160 found a ship that sank in the Atlantic. 214 00:11:25,240 --> 00:11:26,680 WOMAN: ...of the latest treasure rescued 215 00:11:26,760 --> 00:11:28,920 from the bottom of the sea by the North American company 216 00:11:29,000 --> 00:11:30,000 Odyssey. 217 00:11:30,520 --> 00:11:32,960 WOMAN (over TV): 17 tons of silver and gold coins. 218 00:11:33,040 --> 00:11:35,800 Up to $500 million. 219 00:11:37,440 --> 00:11:42,680 ÁLVARO (off-screen): I think it was in 2007 that I read an article in the 220 00:11:42,760 --> 00:11:47,000 newspaper that mentioned those words "treasure hunters". 221 00:11:47,080 --> 00:11:51,240 And that immediately meant something to me. 222 00:11:51,320 --> 00:11:54,760 ÀLVARO (off-screen): I mean, I was very attracted to mysteries. 223 00:11:54,840 --> 00:11:56,600 I'm a journalist. 224 00:11:56,680 --> 00:12:00,480 I used to be a reporter in El País , 225 00:12:00,560 --> 00:12:03,440 the biggest newspaper in Spain. 226 00:12:03,520 --> 00:12:06,160 I published a story about the Black Swan. 227 00:12:06,240 --> 00:12:11,200 I called it "Pieces of Eight" in honor to the Treasure Island , 228 00:12:11,280 --> 00:12:13,080 one of my favorite books. 229 00:12:13,160 --> 00:12:15,080 And, in fact, it was true, 230 00:12:15,160 --> 00:12:18,200 there were almost 500,000 pieces of eight. 231 00:12:19,000 --> 00:12:23,520 Three hours later, we received a call for the Ministry of Culture 232 00:12:23,600 --> 00:12:25,160 because they are really angry. 233 00:12:25,240 --> 00:12:31,440 They told us, "We know that Odyssey has been looking 234 00:12:31,520 --> 00:12:37,680 for a treasure in an area very close to, to Spanish waters 235 00:12:37,760 --> 00:12:41,680 and we're just trying to prove if that treasure belongs to Spain". 236 00:12:43,680 --> 00:12:47,840 ELISA (off-screen): It is very difficult to express what we felt because 237 00:12:47,920 --> 00:12:51,880 we are against treasure hunter companies because they just 238 00:12:51,960 --> 00:12:54,560 work for private benefit. 239 00:12:55,720 --> 00:12:58,840 IVÁN (off-screen): I've been fighting against all the treasure 240 00:12:58,920 --> 00:13:02,040 hunters companies every day of my life. 241 00:13:02,120 --> 00:13:06,280 And it's completely forbidden to sell any object. 242 00:13:06,360 --> 00:13:09,080 That's what the Spanish law says. 243 00:13:09,560 --> 00:13:11,240 ELISA (off-screen): There was no time to be angry. 244 00:13:11,320 --> 00:13:14,640 I mean, we have to work, to show everyone that the 245 00:13:14,720 --> 00:13:16,880 treasure belongs to Spain. 246 00:13:16,960 --> 00:13:21,680 And, so, yes, the first reaction was to go to court. 247 00:13:22,960 --> 00:13:27,080 ELISA (off-screen): So, we call our ambassador in Washington and the Embassy 248 00:13:27,160 --> 00:13:30,520 helped us to contact James Gould. 249 00:13:36,200 --> 00:13:40,000 ♪ ♪ 250 00:13:40,480 --> 00:13:44,640 GOOLD: I got a call from the Spanish Embassy within an hour 251 00:13:44,720 --> 00:13:47,120 of the newspapers having shown up. 252 00:13:47,200 --> 00:13:50,320 And, so, the first thing I did was get out the magnifying 253 00:13:50,400 --> 00:13:54,440 glass and look at every copy of this photo that I could to 254 00:13:54,520 --> 00:13:56,480 see what the coins were. 255 00:13:56,560 --> 00:14:00,920 I noticed that they had been changed to obscure the image 256 00:14:01,000 --> 00:14:03,200 of whatever king it was. 257 00:14:03,280 --> 00:14:05,840 And, so, I couldn't tell whether they were Spanish, 258 00:14:05,920 --> 00:14:07,920 British, French, or whatever. 259 00:14:08,000 --> 00:14:14,720 GOOLD (off-screen): But it turned out that Odyssey had filed a lawsuit a month before, 260 00:14:14,800 --> 00:14:19,760 an advert at the back of a newspapers saying that 261 00:14:19,840 --> 00:14:22,640 they had discovered an unidentified vessel. 262 00:14:22,720 --> 00:14:27,560 That started a clock running under which, 263 00:14:27,640 --> 00:14:32,240 if no one came into court and disputed that Odyssey 264 00:14:32,320 --> 00:14:35,080 was entitled to all of that material, 265 00:14:35,160 --> 00:14:38,920 then they could go to court and say, "We're the owners". 266 00:14:39,000 --> 00:14:40,960 So, we couldn't sit on our hands. 267 00:14:41,040 --> 00:14:42,600 We had to move fast. 268 00:14:53,400 --> 00:14:56,080 SEAN (off-screen): I got a call, Greg was in town, 269 00:14:56,160 --> 00:14:57,520 "Would you like meet up?" 270 00:14:57,600 --> 00:14:59,880 And I thought, this is going to be a painful meeting. 271 00:14:59,960 --> 00:15:01,320 You know, I'd read the headlines. 272 00:15:01,400 --> 00:15:05,320 They were being trashed in the national newspapers. 273 00:15:08,360 --> 00:15:09,840 SEAN (off-screen): So I met up with Greg. 274 00:15:09,920 --> 00:15:11,760 He was in very high spirits. 275 00:15:11,840 --> 00:15:15,120 He was delighted with the publicity and obviously 276 00:15:15,200 --> 00:15:18,040 thought they had a very strong position legally that they'd 277 00:15:18,120 --> 00:15:21,520 be able to retain ownership of this material. 278 00:15:21,880 --> 00:15:25,680 ÁLVARO: Spanish laws say that you cannot earn money selling 279 00:15:25,760 --> 00:15:28,480 the, the cultural heritage. 280 00:15:28,560 --> 00:15:32,800 ÀLVARO (off-screen): But Greg was someone that believes everything is 281 00:15:32,880 --> 00:15:34,960 possible is you fight for that. 282 00:15:35,040 --> 00:15:36,480 MAN (off-screen): We know it's a ship. 283 00:15:36,560 --> 00:15:38,080 GREG (off-screen): We know it's, well, maybe. 284 00:15:38,160 --> 00:15:39,800 MAN (off-screen): But, as opposed to? 285 00:15:39,880 --> 00:15:41,720 GREG (off-screen): Well, we've got a lot of coins that we found in the 286 00:15:41,800 --> 00:15:43,120 bottom of the ocean. 287 00:15:43,200 --> 00:15:44,640 You know, it's amazing. 288 00:15:44,720 --> 00:15:47,360 Sometimes people just dump things off of ships to prevent 289 00:15:47,440 --> 00:15:49,000 the ships from sinking, it's happened. 290 00:15:49,080 --> 00:15:50,680 MAN (off-screen): They're lightening it, if you will. 291 00:15:50,760 --> 00:15:52,400 GREG (off-screen): Exactly. 292 00:15:52,480 --> 00:15:57,960 ÁLVARO: And Greg knew very well that if he wins this battle, 293 00:15:58,040 --> 00:16:00,320 if he could prove there was no shipwreck, 294 00:16:00,400 --> 00:16:02,920 that the treasure had just been discarded, 295 00:16:03,000 --> 00:16:05,240 then Spain would not have a claim 296 00:16:05,320 --> 00:16:07,760 and it would all go to Odyssey. 297 00:16:12,320 --> 00:16:14,160 NARRATOR: As the deadline approaches, 298 00:16:14,240 --> 00:16:17,800 James Goold contests Odyssey's claim on the treasure in the 299 00:16:17,880 --> 00:16:19,880 Florida courts. 300 00:16:20,720 --> 00:16:24,480 JAMES: Now, what Spain has to do is not only intervene, 301 00:16:24,560 --> 00:16:28,320 it has to prove there's a shipwreck and that that 302 00:16:28,400 --> 00:16:30,600 shipwreck belongs to them. 303 00:16:30,680 --> 00:16:34,080 JAMES (off-screen): And that the coins were the king's money and part of the 304 00:16:34,160 --> 00:16:35,960 sovereign property of Spain. 305 00:16:37,200 --> 00:16:40,480 GOOLD: By the end of that day, I dashed off a letter to 306 00:16:40,560 --> 00:16:43,800 Odyssey's lawyer saying, "On behalf of Spain, 307 00:16:43,880 --> 00:16:46,520 please inform us of what it is". 308 00:16:46,600 --> 00:16:50,240 And next Monday evening I was on a plane to Madrid. 309 00:16:56,760 --> 00:17:00,840 ♪ ♪ 310 00:17:09,600 --> 00:17:12,160 ELISA (off-screen): We knew we had to be very quick to 311 00:17:12,240 --> 00:17:14,040 identify the shipwreck. 312 00:17:14,120 --> 00:17:19,440 There was no time to be angry or, or to cry. 313 00:17:19,520 --> 00:17:22,840 We have to defend the heritage. 314 00:17:26,160 --> 00:17:28,880 GOOLD (off-screen): I've got to prove it was a Spanish shipwreck. 315 00:17:28,960 --> 00:17:32,600 So, the first question is, what had happened in history 316 00:17:32,680 --> 00:17:34,080 at that spot? 317 00:17:34,800 --> 00:17:38,440 GOOLD (off-screen): But Odyssey wouldn't reveal the exactly location where 318 00:17:38,520 --> 00:17:39,880 they had been working. 319 00:17:39,960 --> 00:17:41,920 So, on that first trip to Madrid, 320 00:17:42,000 --> 00:17:45,440 I sat down with the Spanish navy to ask what they could 321 00:17:45,520 --> 00:17:48,680 find about the movements of Odyssey's ships 322 00:17:48,760 --> 00:17:50,000 because there are ways. 323 00:17:50,080 --> 00:17:51,800 GOOLD (off-screen): There are GPS signal tracking 324 00:17:51,880 --> 00:17:54,960 devices that every ship is required to have. 325 00:17:55,040 --> 00:17:56,640 And, so, sure enough, 326 00:17:56,720 --> 00:17:59,720 there was a record for Odyssey's ship. 327 00:17:59,800 --> 00:18:05,240 But once they got 20 or 30 miles from Gibraltar, 328 00:18:05,320 --> 00:18:08,240 their signal went dark. 329 00:18:09,080 --> 00:18:11,840 So, then I thought, well, something's going on here. 330 00:18:11,920 --> 00:18:17,440 But there were a few blips that had still shown up, 331 00:18:17,520 --> 00:18:21,800 five or six of them, and there was a cluster of them 332 00:18:21,880 --> 00:18:23,800 south of Portugal. 333 00:18:23,880 --> 00:18:29,160 So then I thought, okay, something had to happen around here. 334 00:18:29,600 --> 00:18:33,320 So, then we started looking in the history books. 335 00:18:33,400 --> 00:18:37,400 GOOLD (off-screen): And in a very short time I found that there had been an 336 00:18:37,480 --> 00:18:41,840 absolutely pivotal event in Spanish and world history in 337 00:18:41,920 --> 00:18:46,360 October 5, 1804, what was called the Battle of St Mary. 338 00:18:47,840 --> 00:18:52,160 JAMES: At the time, Spain is still a global, powerful empire, 339 00:18:52,240 --> 00:18:54,880 but its influence is waning. 340 00:18:54,960 --> 00:18:59,680 JAMES (off-screen): Spain had made a deal that if they paid Napoleon a vast 341 00:18:59,760 --> 00:19:03,400 amount of money each month he wouldn't invade Spain. 342 00:19:03,960 --> 00:19:05,840 He'd focus on invading Great Britain. 343 00:19:05,920 --> 00:19:08,840 So, it was a form of protection money. 344 00:19:10,440 --> 00:19:13,480 And that's what sets up this entire tale because the King 345 00:19:13,560 --> 00:19:15,520 of Spain needs more money. 346 00:19:15,600 --> 00:19:17,360 JAMES (off-screen): Where does he get that money? 347 00:19:17,440 --> 00:19:20,480 He gets it from his Latin American colonies, 348 00:19:20,560 --> 00:19:25,240 and specifically orders his warships to load silver from 349 00:19:25,320 --> 00:19:28,000 themids down in South America. 350 00:19:28,080 --> 00:19:30,400 And, so, they cross the Atlantic. 351 00:19:30,480 --> 00:19:35,240 But what they haven't counted on is that fact that there are spies. 352 00:19:35,320 --> 00:19:39,480 And in the United Kingdom, the decision is made 353 00:19:39,560 --> 00:19:42,480 to stop those ships. 354 00:19:45,840 --> 00:19:48,240 JAMES (off-screen): A small British force of ships intercepts 355 00:19:48,320 --> 00:19:50,800 the Spanish vessels. 356 00:19:50,880 --> 00:19:55,600 And what basically amounted to high seas hijacking. 357 00:19:55,680 --> 00:19:58,960 A British ship called Amphion cuts across the line of 358 00:19:59,040 --> 00:20:02,960 the Spanish ships, behind a Spanish vessel called Mercedes. 359 00:20:03,040 --> 00:20:06,320 And the British navy opens fire. 360 00:20:08,040 --> 00:20:12,160 (gunfire) 361 00:20:14,840 --> 00:20:19,400 The single shot from Amphion goes right through the hull of 362 00:20:19,480 --> 00:20:22,480 Mercedes and launches in the magazine, 363 00:20:22,560 --> 00:20:24,400 where all the gunpowder is stored. 364 00:20:24,480 --> 00:20:27,560 In that moment, that powder goes off in a massive 365 00:20:27,640 --> 00:20:31,720 explosion that tears the ship apart, 366 00:20:31,800 --> 00:20:36,320 Mercedes cracks open like an egg and spills 367 00:20:36,400 --> 00:20:38,640 her contents into the sea. 368 00:20:38,720 --> 00:20:42,960 And it rains debris all over the ocean as well 369 00:20:43,040 --> 00:20:45,840 as well as onto the nearby ships. 370 00:20:48,480 --> 00:20:51,520 JAMES (off-screen): Stunning doesn't even really begin to convey the 371 00:20:51,600 --> 00:20:53,400 horror of that moment. 372 00:20:53,480 --> 00:20:57,160 It is a war grave with 250 dead, 373 00:20:57,240 --> 00:21:00,080 including Spanish sailors, marines, 374 00:21:00,160 --> 00:21:03,360 and the wives and the children of Spanish officers. 375 00:21:03,440 --> 00:21:08,440 That loss of that ship not only saw 250 lives taken, 376 00:21:08,520 --> 00:21:12,960 it saw Britain and it saw Spain return 377 00:21:13,040 --> 00:21:14,600 to a state of war, 378 00:21:14,680 --> 00:21:16,880 leading to a period of tremendous civil unrest, 379 00:21:16,960 --> 00:21:19,160 the weakening of the Spanish Empire. 380 00:21:20,080 --> 00:21:23,600 In just a year, the great naval battle of Trafalgar is 381 00:21:23,680 --> 00:21:26,280 going to see the French and Spanish fleet literally 382 00:21:26,360 --> 00:21:28,280 destroyed by nelson. 383 00:21:28,360 --> 00:21:31,320 JAMES (off-screen): All of this hinges on what happens on that spot of water 384 00:21:31,400 --> 00:21:35,320 back on October 5th, 1804. 385 00:21:36,960 --> 00:21:39,080 GOOLD (off-screen): Navy records gave us the positions, 386 00:21:39,160 --> 00:21:42,880 which tells us that's where the Mercedes sank. 387 00:21:42,960 --> 00:21:47,680 Then I turned and compared it to what we had learned from 388 00:21:47,760 --> 00:21:51,880 those blips and, sure enough, bulls eye, 389 00:21:51,960 --> 00:21:57,720 the exact location where they had been taking the coins. 390 00:21:59,360 --> 00:22:02,480 GOOLD (off-screen): Well, it had to be the Mercedes, 391 00:22:02,560 --> 00:22:05,600 but that's not gonna be enough to prove in court 392 00:22:05,680 --> 00:22:07,520 what actually was there. 393 00:22:08,000 --> 00:22:11,040 I needed to see what was on the bottom at the sight, 394 00:22:11,120 --> 00:22:14,480 what Odyssey's own records revealed. 395 00:22:14,560 --> 00:22:18,240 JAMES (off-screen): Only Odyssey's own data, it's photography and the location 396 00:22:18,320 --> 00:22:21,720 of the site, could confirm for sure that there's a shipwreck 397 00:22:21,800 --> 00:22:25,040 down there and if it's a naval vessel. 398 00:22:25,840 --> 00:22:28,960 The trouble was, they weren't rushing to hand it over, 399 00:22:29,040 --> 00:22:33,000 and their ships were in a port that Spain couldn't get to. 400 00:22:34,800 --> 00:22:38,240 ÁLVARO (off-screen): Gibraltar is a place in dispute. 401 00:22:38,320 --> 00:22:41,520 It's a rock that is in the land of, of Spain, 402 00:22:41,600 --> 00:22:43,840 but it belongs to the United Kingdom. 403 00:22:43,920 --> 00:22:48,200 So, the Guardia Civil couldn't go into Gibraltar 404 00:22:48,280 --> 00:22:50,040 to check the Odyssey Explorer. 405 00:22:50,120 --> 00:22:53,800 They had to wait 'til they get out out of they port. 406 00:22:54,840 --> 00:22:58,640 TOM: The Spanish made it very clear that should we leave 407 00:22:58,720 --> 00:23:01,800 that harbor they would capture us. 408 00:23:06,280 --> 00:23:07,360 MAN (over TV): In six-foot swells, 409 00:23:07,440 --> 00:23:08,840 a Spanish government gunboat 410 00:23:08,920 --> 00:23:12,160 intercepts the salvage vessel the Odyssey Explorer. 411 00:23:12,600 --> 00:23:15,440 MAN: I advise you, captain of the Odyssey Explorer, 412 00:23:15,520 --> 00:23:17,080 we are going to board your vessel. 413 00:23:17,440 --> 00:23:19,920 MAN: Any interference with our transit in international waters 414 00:23:20,000 --> 00:23:22,240 will be a clear violation. 415 00:23:22,320 --> 00:23:25,400 MAN: We are going to approach your vessel and go aboard. 416 00:23:25,480 --> 00:23:26,560 Get ready please. 417 00:23:26,640 --> 00:23:27,440 Get ready. 418 00:23:28,240 --> 00:23:31,640 ÁLVARO: The Odyssey Explorer had been in Gibraltar, 419 00:23:31,720 --> 00:23:34,200 I don't know, for months. 420 00:23:34,280 --> 00:23:37,720 ÀLVARO (off-screen): And each day it was costing them a fortune in running 421 00:23:37,800 --> 00:23:39,240 costs for the ship. 422 00:23:39,320 --> 00:23:42,920 So, they had to eventually leave port even though they 423 00:23:43,000 --> 00:23:44,960 knew they'd be captured. 424 00:23:45,040 --> 00:23:47,360 TOM: Sure enough, both ships were seized, 425 00:23:47,440 --> 00:23:49,040 took 'em into Spanish ports, 426 00:23:49,120 --> 00:23:51,240 took a lot of things off of the ship. 427 00:23:51,320 --> 00:23:53,920 TOM (off-screen): We, of course, already stripped the ship of anything 428 00:23:54,000 --> 00:23:55,840 from the Black Swan. 429 00:23:55,920 --> 00:23:59,120 We did not have any of the, the data drives or anything that 430 00:23:59,200 --> 00:24:00,960 had the data in it on the ship. 431 00:24:01,040 --> 00:24:03,440 But they still took all the data drives out of every 432 00:24:03,520 --> 00:24:05,320 computer and things like that. 433 00:24:05,400 --> 00:24:07,120 So they were, they were not very nice about it. 434 00:24:08,800 --> 00:24:10,920 JAMES (off-screen): Without Odyssey's data and photography, 435 00:24:11,000 --> 00:24:13,640 it would be virtually impossible for us to prove 436 00:24:13,720 --> 00:24:16,040 that this was definitely the Mercedes. 437 00:24:16,120 --> 00:24:19,080 So, now, the legal team had to up the game to discover 438 00:24:19,160 --> 00:24:22,120 exactly where Odyssey had been located. 439 00:24:22,200 --> 00:24:25,040 The one thing I had learned from my brief interactions 440 00:24:25,120 --> 00:24:28,600 with Greg was that he didn't do anything 441 00:24:28,680 --> 00:24:30,280 without a lot of research. 442 00:24:30,360 --> 00:24:34,560 He didn't go unless he knew what he was looking for and 443 00:24:34,640 --> 00:24:36,880 where he might likely find it. 444 00:24:40,080 --> 00:24:42,800 ♪ ♪ 445 00:24:48,080 --> 00:24:50,760 VICTORIA (off-screen): Not everybody can read 16th century Spanish. 446 00:24:50,840 --> 00:24:54,280 Not everybody knows where to look for those documents. 447 00:24:54,360 --> 00:24:58,240 Over a period of more than 35 years, 448 00:24:58,320 --> 00:25:01,600 I have worked for many different institutions 449 00:25:01,680 --> 00:25:04,040 as a researcher. 450 00:25:05,640 --> 00:25:11,800 In 2005, I was contacted by someone from Odyssey. 451 00:25:11,880 --> 00:25:15,000 VICTORIA (off-screen): And they were interested in knowing where a number of 452 00:25:15,080 --> 00:25:18,440 ships were approaching off the Bay of Cadiz. 453 00:25:18,520 --> 00:25:23,040 And, at one point, we had altogether 50 different ships 454 00:25:23,120 --> 00:25:26,240 for their data pace for that one area. 455 00:25:26,320 --> 00:25:29,440 VICTORIA (off-screen): And then they became interested in one particular 456 00:25:29,520 --> 00:25:32,960 ship and all the most detailed information that one could 457 00:25:33,040 --> 00:25:35,320 possibly find was of interest to them. 458 00:25:37,120 --> 00:25:39,440 VICTORIA (off-screen): When this story broke, I felt absolutely horrified 459 00:25:39,520 --> 00:25:42,280 because my first job is I'm a historian. 460 00:25:42,360 --> 00:25:44,480 I am not interested in the treasure. 461 00:25:44,560 --> 00:25:49,880 I immediately contacted the people in Odyssey by email. 462 00:25:49,960 --> 00:25:54,120 And they got bad and said, oh, just relax, no problem, 463 00:25:54,200 --> 00:25:56,320 we have everything under control. 464 00:25:56,400 --> 00:25:59,720 So I said, "Well, it's not under control here". 465 00:25:59,800 --> 00:26:01,960 VICTORIA (off-screen): And every time you turn the radio on, 466 00:26:02,040 --> 00:26:04,400 every time you turn Spanish news on at night, 467 00:26:04,480 --> 00:26:06,200 every time you buy a newspaper, 468 00:26:06,280 --> 00:26:08,880 it was just on and on and on and on and on and on. 469 00:26:08,960 --> 00:26:10,920 I mean, I was accused of being a spy. 470 00:26:11,000 --> 00:26:13,440 And then said, "Oh, we can't tell you anything. 471 00:26:13,520 --> 00:26:16,120 We're not about to say what the ship is that we found 472 00:26:16,200 --> 00:26:18,240 or, or where exactly we far. 473 00:26:18,320 --> 00:26:20,880 But if you want, we'll give you a hint". 474 00:26:20,960 --> 00:26:23,600 VICTORIA (off-screen): And they said it's something to do 475 00:26:23,680 --> 00:26:26,440 with the make of a car. 476 00:26:27,560 --> 00:26:30,840 Well, of course, I knew that they had found the Mercedes. 477 00:26:30,920 --> 00:26:33,960 GOOLD: Victoria Stappels' statement was very useful 478 00:26:34,040 --> 00:26:38,280 because it confirmed that Odyssey had set about this 479 00:26:38,360 --> 00:26:43,040 with a deliberate intention of locating the Mercedes. 480 00:26:43,120 --> 00:26:48,120 GOOLD (off-screen): Meanwhile, Greg Stemm is issuing sworn statements under oath 481 00:26:48,200 --> 00:26:52,640 that they had no evidence that would confirm what ship it was. 482 00:26:54,160 --> 00:26:57,880 ELISA (off-screen): It was very hard to believe that they were all the 483 00:26:57,960 --> 00:27:01,800 time denying it was Las Mercedes. 484 00:27:01,880 --> 00:27:04,080 It was really strange for us, 485 00:27:04,160 --> 00:27:07,040 something incredible to believe. 486 00:27:08,640 --> 00:27:12,960 GOOLD: So, I went back and asked the court to consider 487 00:27:13,040 --> 00:27:15,440 doing something about this. 488 00:27:19,640 --> 00:27:23,440 GOOLD (off-screen): And, sure enough, an order comes from the judge 489 00:27:23,520 --> 00:27:28,160 that Odyssey has been "disingenuous and utterly without merit". 490 00:27:28,240 --> 00:27:33,040 And Odyssey, after fighting it and fighting it and fighting it, 491 00:27:33,120 --> 00:27:38,720 had to turn over the photo mosaic and give me access to 492 00:27:38,800 --> 00:27:43,160 their DVDs of the seabed and their photographs. 493 00:27:43,240 --> 00:27:47,000 GOOLD (off-screen): And so there was a very nice moment when finally 494 00:27:47,080 --> 00:27:49,360 we could see the site. 495 00:27:53,640 --> 00:27:58,160 So, now, we needed to show that right there on the seabed 496 00:27:58,240 --> 00:28:04,120 was the shipwreck, something Odyssey had denied all along. 497 00:28:12,480 --> 00:28:14,040 ♪ ♪ 498 00:28:14,120 --> 00:28:16,200 JAMES (off-screen): We were in Houston at a meeting. 499 00:28:16,280 --> 00:28:19,440 And when the meeting was done, Jim, in his quiet way said, 500 00:28:19,520 --> 00:28:22,320 "Got a second? I wanna ask you a question". 501 00:28:22,400 --> 00:28:26,480 GOOLD: I had these images, some of which I couldn't understand, 502 00:28:26,560 --> 00:28:29,320 and he could look at. 503 00:28:29,400 --> 00:28:34,360 GOOLD (off-screen): And, instantly, starts pointing out everything that 504 00:28:34,440 --> 00:28:37,480 I had been puzzled by. 505 00:28:41,040 --> 00:28:43,320 JAMES (off-screen): This was a very competently done job, 506 00:28:43,400 --> 00:28:46,400 which appeared to me to be nothing more than a map for 507 00:28:46,480 --> 00:28:49,840 recovering the coins, and I'm not seeing a wooden hull, 508 00:28:49,920 --> 00:28:52,480 but I wouldn't after a few hundred years. 509 00:28:52,560 --> 00:28:55,840 You could see this was a chunk of a section of hull, 510 00:28:55,920 --> 00:28:59,640 in one case with a cannon tangled in it meaning that was 511 00:28:59,720 --> 00:29:01,640 where a gun port had been. 512 00:29:02,960 --> 00:29:07,720 JAMES (off-screen): A section of hardware from the rudder that steered the ship. 513 00:29:10,080 --> 00:29:13,080 A chest of belongings including candlesticks, 514 00:29:13,160 --> 00:29:16,280 silver platters, things of that sort. 515 00:29:18,160 --> 00:29:22,440 GOOLD (off-screen): So, then, we start taking little Post-it markers and 516 00:29:22,520 --> 00:29:25,960 pasting them all over the photo mosaic to 517 00:29:26,040 --> 00:29:27,720 keep track of them. 518 00:29:34,160 --> 00:29:36,000 JAMES: And, so, as I looked at it, I said, 519 00:29:36,080 --> 00:29:37,400 "This is a shipwreck site. 520 00:29:37,480 --> 00:29:39,680 It's clearly a shipwreck site. Look, look at this. 521 00:29:39,760 --> 00:29:44,760 There's a donut of debris thinner in the middle and very 522 00:29:44,840 --> 00:29:46,560 compact around the sides". 523 00:29:46,640 --> 00:29:49,880 I said, "That's when something explodes". 524 00:29:53,680 --> 00:29:55,560 GOOLD (off-screen): We could see that that was a shipwreck. 525 00:29:55,640 --> 00:29:57,760 But was it the Mercedes? 526 00:29:57,840 --> 00:30:03,280 JAMES: It was in the right place, from approximately that time period, 527 00:30:03,360 --> 00:30:05,000 based on the type of ship, 528 00:30:05,080 --> 00:30:08,120 the type of fittings and the guns. 529 00:30:08,200 --> 00:30:09,200 JAMES (off-screen): It felt good. 530 00:30:09,280 --> 00:30:11,520 It felt like the right answer. 531 00:30:11,600 --> 00:30:13,160 But, then again, shipwreck stories almost 532 00:30:13,240 --> 00:30:15,080 always surprise you. 533 00:30:16,040 --> 00:30:20,920 GOOLD: I got used to going through hundreds of hours of these 534 00:30:21,000 --> 00:30:26,360 DVDs of the running footage of their ROV as it went back and 535 00:30:26,440 --> 00:30:28,600 forth over the seabed. 536 00:30:28,680 --> 00:30:31,960 GOOLD (off-screen): Hundreds of hours of waiting for something to come into 537 00:30:32,040 --> 00:30:35,040 sight and then doing a screen grab. 538 00:30:36,280 --> 00:30:39,440 And, all of sudden, there comes into view a long, 539 00:30:39,520 --> 00:30:45,320 elegant fluted cannon and it's got very ornate handles that 540 00:30:45,400 --> 00:30:49,640 look like dolphins or some kind of fancy dragon. 541 00:30:50,440 --> 00:30:52,920 And I go, oh, what? 542 00:30:53,000 --> 00:30:57,760 Those are medieval cannons two centuries out of sync 543 00:30:57,840 --> 00:30:59,840 with everything else we're seeing. 544 00:30:59,920 --> 00:31:01,520 What's going on here? 545 00:31:01,600 --> 00:31:04,440 JAMES (off-screen): Were we wrong about it being Mercedes? 546 00:31:04,520 --> 00:31:07,760 It felt like we were back to square one. 547 00:31:07,840 --> 00:31:10,520 It was incredibly frustrating. 548 00:31:10,600 --> 00:31:12,520 GOOLD (off-screen): Obviously, it was problematic. 549 00:31:12,600 --> 00:31:14,160 What was I gonna do? 550 00:31:14,240 --> 00:31:19,080 So I got back to Madrid to start going through the 551 00:31:19,160 --> 00:31:23,480 Spanish museums of medieval cannon with Elisa looking for 552 00:31:23,560 --> 00:31:25,920 matches of this. 553 00:31:26,640 --> 00:31:30,600 We're coming close, but not quite. 554 00:31:32,000 --> 00:31:37,960 And then, wait a minute, on the Mercedes manifest 555 00:31:38,040 --> 00:31:43,080 there's specific record that the ship was carrying two 556 00:31:43,160 --> 00:31:46,320 "canones bronce inútiles", 557 00:31:46,400 --> 00:31:49,680 useless, obsolete bronze cannons. 558 00:31:51,000 --> 00:31:54,560 GOOLD (off-screen): It's a smoking gun that this is the Mercedes. 559 00:31:54,640 --> 00:31:57,080 How could it be anything than that? 560 00:31:57,160 --> 00:32:01,600 ELISA (off-screen): We organized a press conference at the Ministry of Culture. 561 00:32:02,040 --> 00:32:05,040 We were all very excited, I must admit. 562 00:32:05,120 --> 00:32:06,760 We were all very excited. 563 00:32:06,840 --> 00:32:10,280 We had very great news to give. 564 00:32:12,880 --> 00:32:15,000 GOOLD: It was the kind of thing I'd never been through 565 00:32:15,080 --> 00:32:18,440 before where you've got press photographers rolling around 566 00:32:18,520 --> 00:32:20,920 on the floor in front of you and so on. 567 00:32:21,000 --> 00:32:23,680 GOOLD (over PA): Well, the mystery is over. 568 00:32:23,760 --> 00:32:27,600 The coins and other artifacts that Odyssey took from the 569 00:32:27,680 --> 00:32:32,640 site are documented to have been on the Mercedes. 570 00:32:32,720 --> 00:32:36,240 We went public and the world headlines were 571 00:32:36,320 --> 00:32:38,480 "The mystery is over". 572 00:32:38,560 --> 00:32:42,960 We came flat out and said it's the Mercedes. 573 00:32:48,560 --> 00:32:51,840 NEIL (off-screen): Whilst we were on the ship, for me, 574 00:32:51,920 --> 00:32:55,600 all the clues started to point towards this is 575 00:32:55,680 --> 00:32:57,400 pretty much the Mercedes. 576 00:32:57,480 --> 00:32:59,240 MAN (off-screen): Right from the start? 577 00:32:59,320 --> 00:33:00,840 NEIL (off-screen): Yeah, from me anyways and the archaeologists 578 00:33:00,920 --> 00:33:02,280 looking at it, yeah. 579 00:33:02,360 --> 00:33:04,360 It was fairly obvious that they were Spanish cannon. 580 00:33:04,440 --> 00:33:07,400 Obviously, there's coins saying "1804". 581 00:33:07,480 --> 00:33:10,080 NEIL (off-screen): And the coins were bent cause it blew up. 582 00:33:10,160 --> 00:33:13,440 That's pointing towards it's the Mercedes. 583 00:33:13,520 --> 00:33:15,040 What else could it be? 584 00:33:19,560 --> 00:33:22,680 NARRATOR: Eventually, even Odyssey begin to acknowledge 585 00:33:22,760 --> 00:33:24,920 that it might be the Mercedes. 586 00:33:25,000 --> 00:33:28,240 But their lawyers are not finished yet. 587 00:33:28,320 --> 00:33:31,840 ÁLVARO: Once day, they said to me that they were looking for 588 00:33:31,920 --> 00:33:35,040 the descendent of the merchants that put all 589 00:33:35,120 --> 00:33:38,000 the gold in the cargo of Las Mercedes. 590 00:33:41,040 --> 00:33:46,120 SEAN: There are 811,000 coins on the Mercedes, of which, 591 00:33:46,200 --> 00:33:51,120 around 74%, three-quarters belong to private individuals. 592 00:33:53,160 --> 00:33:55,200 SEAN (off-screen): If you find a merchant vessel, 593 00:33:55,280 --> 00:33:57,520 whatever is on it and you claim it, 594 00:33:57,600 --> 00:33:58,760 if you can't find the owner, 595 00:33:58,840 --> 00:34:00,200 everything belongs to you. 596 00:34:00,280 --> 00:34:02,000 WOMAN (over TV): After all this, 597 00:34:02,080 --> 00:34:05,520 it might just come down to finders keepers, losers weepers. 598 00:34:13,320 --> 00:34:17,040 ♪ ♪ 599 00:34:17,840 --> 00:34:21,480 JAMES (off-screen): At times, what it felt like is you'd win some ground 600 00:34:21,560 --> 00:34:27,680 but every step of the way a constant push back. 601 00:34:28,560 --> 00:34:32,080 GOOLD (off-screen): Takes a lot of work to come in and prove it. 602 00:34:33,200 --> 00:34:34,960 Years of litigation. 603 00:34:35,760 --> 00:34:40,040 How could a US court say no, no, no, finders keepers, 604 00:34:40,120 --> 00:34:42,080 never mind Spanish history? 605 00:34:42,600 --> 00:34:46,640 GOOLD (off-screen): But that doesn't mean that a US judge has to agree with me. 606 00:34:50,120 --> 00:34:53,200 ♪ ♪ 607 00:34:58,360 --> 00:35:03,560 ÁLVARO (off-screen): Greg knew very well that if he win this battle 608 00:35:03,640 --> 00:35:07,120 he would change the story of archaeological treasures 609 00:35:07,200 --> 00:35:09,400 in the deep ocean. 610 00:35:09,480 --> 00:35:12,040 GOOLD(off-screen): What would happen on the final day? 611 00:35:18,840 --> 00:35:23,800 And then the decision of the senior judge in Tampa 612 00:35:23,880 --> 00:35:26,280 came in by email. 613 00:35:26,360 --> 00:35:31,120 "The ineffable truth of this case is that the Mercedes is a 614 00:35:31,200 --> 00:35:35,120 natural and legal patrimony of Spain". 615 00:35:35,600 --> 00:35:37,880 We won. We won. 616 00:35:37,960 --> 00:35:40,120 Well, then, I called Elisa immediately. 617 00:35:41,480 --> 00:35:45,600 And then there were, there were some yells and shouts. 618 00:35:46,160 --> 00:35:48,000 Mm-hmm, yeah. 619 00:35:48,080 --> 00:35:50,320 ELISA: It was a victory, yes. 620 00:35:50,400 --> 00:35:52,720 It was a great victory, yes, yes. 621 00:35:52,800 --> 00:35:56,680 IVÁN: My strongest feeling was good lord, that's fantastic. 622 00:35:56,760 --> 00:36:03,040 One man is not the owner of our cannon heritage. 623 00:36:03,120 --> 00:36:08,960 Every one of us are the owners of the historical heritage. 624 00:36:09,760 --> 00:36:12,560 ÁLVARO: The judge said that the treasure should go back 625 00:36:12,640 --> 00:36:14,360 to, to Spain. 626 00:36:19,720 --> 00:36:23,280 GOOLD: As the judge said at the of this process, 627 00:36:23,360 --> 00:36:28,760 "There had been a continuous core campaign of bad faith, 628 00:36:28,840 --> 00:36:32,520 deception, and deflection". 629 00:36:34,280 --> 00:36:37,400 The one good thing that one can say here is it had a 630 00:36:37,480 --> 00:36:43,040 positive outcome and the lesson is there to stand. 631 00:36:52,960 --> 00:36:58,280 TOM: Just to have the court turn against us and to lose a 632 00:36:58,360 --> 00:37:00,120 battle that we thought we would surely win, 633 00:37:00,200 --> 00:37:03,400 it was a devastating impact to the company. 634 00:37:05,280 --> 00:37:08,280 NEIL (off-screen): I thought it was unfair and unjust, 635 00:37:08,360 --> 00:37:11,920 and I genuinely feel sorry for Odyssey 636 00:37:12,000 --> 00:37:13,760 and the way they were treated. 637 00:37:15,080 --> 00:37:18,120 ÁLVARO: This decision was crucial for their business. 638 00:37:18,200 --> 00:37:20,760 ÀLVARO (off-screen): So, Odyssey couldn't just give up. 639 00:37:20,840 --> 00:37:24,920 They had to appeal the court's decision and they were going 640 00:37:25,000 --> 00:37:29,960 to do as much as they could to keep the, the treasure. 641 00:37:30,040 --> 00:37:32,080 WOMAN (over TV): The deep sea treasure hunting company Odyssey 642 00:37:32,160 --> 00:37:35,400 says it will appeal a ruling this week by a Florida judge. 643 00:37:35,480 --> 00:37:38,520 The judge ordered it to hand over to Spain a half-million 644 00:37:38,600 --> 00:37:41,240 dollars' worth of gold and silver coins. 645 00:37:46,480 --> 00:37:51,120 GOOLD: But a day came when they had to turn over the 646 00:37:51,200 --> 00:37:54,240 coins and other objects that they had in the US. 647 00:37:54,320 --> 00:37:57,760 The Spanish Air Force had agreed to send two 648 00:37:57,840 --> 00:38:00,720 Hercules military cargo planes. 649 00:38:00,800 --> 00:38:03,720 GOOLD (off-screen): The coins were put on the aircraft. 650 00:38:03,800 --> 00:38:07,960 So, as we packed up at MacDill Air Force Base and the ramp of 651 00:38:08,040 --> 00:38:11,920 the plane comes up, I've still got this worry about, well, 652 00:38:12,000 --> 00:38:15,240 what happens if the Supreme Court decides there should be 653 00:38:15,320 --> 00:38:17,640 a stay of execution? 654 00:38:19,680 --> 00:38:22,600 (radio chatter) 655 00:38:22,680 --> 00:38:26,080 There came a point just as we were leaving US air space 656 00:38:26,160 --> 00:38:28,400 that I could get through and I start yelling, 657 00:38:28,480 --> 00:38:31,400 "Are we okay? Are we okay? Are we okay?" 658 00:38:34,200 --> 00:38:39,320 (radio chatter) 659 00:38:40,520 --> 00:38:42,240 GOOLD (off-screen): By the time we got to Newfoundland, 660 00:38:42,320 --> 00:38:45,880 I'm yelling over this terrific din of the propellers and the 661 00:38:45,960 --> 00:38:47,440 vibration in this plane, 662 00:38:47,520 --> 00:38:50,040 "Are we clear? Is the coast clear?" 663 00:38:52,600 --> 00:38:54,720 And I hear, "You're okay. You're okay". 664 00:38:54,800 --> 00:38:56,400 And that was that. 665 00:39:01,360 --> 00:39:04,840 GOOLD (off-screen): And then two planes, which had taken separate routes, 666 00:39:04,920 --> 00:39:09,440 arranged to land, meet and land wingtip to wingtip. 667 00:39:10,760 --> 00:39:13,320 GOOLD (off-screen): And then the immediately the Guardia Civil took security 668 00:39:13,400 --> 00:39:16,600 control of everything. 669 00:39:20,400 --> 00:39:23,680 IVÁN (off-screen): The day that the coins came back to the airport of Madrid, 670 00:39:23,760 --> 00:39:25,880 that was a fantastic day. 671 00:39:25,960 --> 00:39:31,040 The Guardia Civil accompanied all the coins in serial tracks 672 00:39:31,120 --> 00:39:32,960 with some helicopters. 673 00:39:33,040 --> 00:39:34,760 And it was very spectacular. 674 00:39:39,760 --> 00:39:41,800 VICTORIA: That was big news. 675 00:39:42,280 --> 00:39:46,240 So, for me, once again the whole story sort of comes up again. 676 00:39:49,960 --> 00:39:51,320 ELISA (off-screen): It was a very special moment 677 00:39:51,400 --> 00:39:53,480 and it's something so unusual. 678 00:39:53,560 --> 00:39:57,680 I mean, we were waiting for five years. 679 00:39:59,440 --> 00:40:03,720 GOOLD: I was part of the motorcade to take it down to downtown 680 00:40:03,800 --> 00:40:05,800 Madrid to a secure facility. 681 00:40:05,880 --> 00:40:07,800 Let's remember that, at the end this case, 682 00:40:07,880 --> 00:40:10,160 our objective was to get all of those 683 00:40:10,240 --> 00:40:12,080 buckets back to Spain. 684 00:40:12,160 --> 00:40:16,040 It took all of this time and all of this money and all of 685 00:40:16,120 --> 00:40:17,360 this effort. 686 00:40:17,440 --> 00:40:18,760 It was a great relief. 687 00:40:20,600 --> 00:40:22,480 GOOLD (off-screen): By then, I was in a daze. 688 00:40:27,960 --> 00:40:29,720 NARRATOR: Two years later, 689 00:40:29,800 --> 00:40:32,200 Odyssey is fined a million dollars for, 690 00:40:32,280 --> 00:40:33,840 in the words of the judge, 691 00:40:33,920 --> 00:40:36,640 "bad faith and abusive litigation". 692 00:40:36,720 --> 00:40:40,280 As one chapter in the story of the Mercedes closes, 693 00:40:40,360 --> 00:40:42,840 another is starting. 694 00:40:42,920 --> 00:40:44,800 IVÁN: We have won the legal battle. 695 00:40:44,880 --> 00:40:49,040 Now we are obliged to win the scientific battle. 696 00:40:57,920 --> 00:41:01,600 IVÁN (off-screen): At 8:00 in the morning, the first day, 697 00:41:04,240 --> 00:41:06,720 we put the ROV in the water. 698 00:41:12,440 --> 00:41:16,920 And it began to descend, descend until one kilometers, 1,140 meters. 699 00:41:19,520 --> 00:41:22,920 Until it was going down, down, down at the very middle 700 00:41:23,000 --> 00:41:24,200 of the wreck. 701 00:41:24,280 --> 00:41:26,200 It was fantastic. 702 00:41:26,280 --> 00:41:30,720 IVÁN (off-screen): We discovered several iron cannons and bronze cannons, 703 00:41:30,800 --> 00:41:32,440 two culverins. 704 00:41:33,480 --> 00:41:37,600 The concentration of silver objects. 705 00:41:40,960 --> 00:41:45,040 And we had discovered part of a fork with the initials of 706 00:41:45,120 --> 00:41:47,400 the captain of the ship. 707 00:41:47,480 --> 00:41:54,120 The captain was Don Jose, J, De Goicoa. 708 00:41:59,480 --> 00:42:05,200 IVÁN (off-screen): When you think that that fork was in the hands of Don Jose De Goicoa, 709 00:42:05,280 --> 00:42:08,840 we said, good lord, good lord, this is the very, 710 00:42:08,920 --> 00:42:12,440 very proof that we are in the same ship 711 00:42:12,520 --> 00:42:14,840 of the Archive of Seville, 712 00:42:14,920 --> 00:42:18,720 no doubt this is the Mercedes. 713 00:42:20,040 --> 00:42:22,480 ELISA (off-screen): Las Mercedes was a tragedy. 714 00:42:22,560 --> 00:42:28,000 That's why it was decided to install a commemorative plaque 715 00:42:28,080 --> 00:42:34,440 to the people that died at that explosion. 716 00:42:39,480 --> 00:42:43,680 JAMES: And the wreck site itself had meaning for 717 00:42:43,760 --> 00:42:47,520 descendants of those who had died on that ship. 718 00:42:47,600 --> 00:42:51,040 JAMES (off-screen): It doesn't matter how far back it goes, 719 00:42:51,120 --> 00:42:56,120 families remember these events because suddenly a ship is 720 00:42:56,200 --> 00:42:59,200 sunk and nobody comes home. 721 00:43:02,840 --> 00:43:05,480 It's the story of officers standing on a deck on a nearby 722 00:43:05,560 --> 00:43:09,360 ship watching in horror as their wives 723 00:43:09,440 --> 00:43:11,760 and their children disintegrated. 724 00:43:12,480 --> 00:43:15,080 JAMES (off-screen): The British sailors standing there in shock as a simple 725 00:43:15,160 --> 00:43:20,520 shot from Amphion sets off the magazine and Mercedes explodes 726 00:43:20,600 --> 00:43:22,120 with such violence. 727 00:43:22,200 --> 00:43:25,400 And of everything that played out after that that profoundly 728 00:43:25,480 --> 00:43:29,880 changed the course of history for Spain and potentially 729 00:43:29,960 --> 00:43:31,320 for all of Europe. 730 00:43:32,640 --> 00:43:36,160 JAMES (off-screen): And that is the story of Nuestra Señora De Las Mercedes. 731 00:43:36,240 --> 00:43:40,080 That's what it's all about. Not coins. 732 00:43:50,920 --> 00:43:57,160 (music playing through credits) 733 00:44:07,240 --> 00:44:08,480 Captioned by Cotter Media Group.