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10 Days of Astonishing Shipwreck Treasures: The S.S. Republic

February 18th, 2016 by Piper Smith

Day five.

The S.S. Republic ($120-180 million).

The S.S. Republic was lost during a hurricane in 1865 off the coast of Georgia carrying coins worth an estimated $400, 00. The wreck was finally discovered by Odyssey (a well-known deep sea exploration and salvage company) after being submerged for more than 230 years. To date, more than 51,000 US gold and silver coins have been recovered from the site along with almost 14,000 artifacts which includes thousands of bottles, glasses, and stoneware containers. Soon after the first excavation, a lawsuit was filed by a man claiming Odyssey used his information to locate the wreck. In 2004 a federal judge ruled in favor of Odyssey, awarding them full ownership of the cargo.