Company Wins Rights to Wreck Off Savannah Coast - WTOC-TV: Savannah, Beaufort, SC, News, Weather & Sports

03/26/04

Company Wins Rights to Wreck Off Savannah Coast

A federal judge has given full ownership of a Civil War-era shipwreck to the Tampa explorers who found it off Savannah's coast. Odyssey Marine Exploration says the SS Republic may yield one of the richest sunken cargoes in history. They discovered the wreck last summer and already plucked 52,000 gold and silver coins from the site. Early estimates put the collectors' value of the coins at $120 million to $180 million.

Reported by: Aaron Vogel, avogel@wtoc.com

Powered by Frankly