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The ‘Holy Grail of Shipwrecks’ Is Still Underwater. So Is Its $17 Billion Fortune.

created: June 12, 2025, 1 p.m. | updated: June 17, 2025, 9:37 p.m.

Here’s what you’ll learn when you read this story:Considered the world’s richest shipwreck, the San Jose was found off the coast of Colombia in 2015. New research into the gold coins now scattered on the ocean floor offered insights into the decorative pieces minted in Lima. Valued at a modern-day $17 billion, the San Jose’s bounty is still untouched. The researchers believe the evidence gleaned from the cobs help substantiate the long-held hypothesis that this wreck truly is the San Jose. After the Portobello fair, the San Jose departed for Cartagena carrying goods and metals, including the cobs.

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