Odyssey Hunts Nazi-Torpedoed Ship’s $260 Million of Silver
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Odyssey Marine Exploration Inc., the ocean salvager featured in the Discovery Channel series “Treasure Quest,” is trying to recover silver valued at as much as $260 million by October from a ship torpedoed by a Nazi submarine in 1941.
The Tampa, Florida-based company was awarded a contract by the U.K. government last year that would allow it to keep about 80 percent of the bullion treasure of the S.S. Gairsoppa, a cargo steamer sunk by a German U-boat off the Irish coast. There’s an estimated 4 million to 7 million ounces at the shipwreck site, according to Odyssey President and Chief Operating Officer Mark Gordon.