Dive into Fortune: 11 Unbelievable (& Profitable) Underwater Discoveries That'll Leave You in Awe.
2. The Shipwreck at Salcombe
The Salcombe Shipwreck: A Treasure from the Depths Current Estimated Value: $800 million* Years Gone: The Middle to Late 1600s Discovered: 1994 The Salcombe shipwreck represents the largest discovery of Moroccan gold ever found, emerging from a site that was nearly forgotten. In 1992, the South West Maritime Archaeological Group (SWMAG) was tasked with investigating the area. At that time, they reported that Salcombe was merely a "cannon site" and noted that "nothing else" was present. However, two years later, significant changes in the seabed revealed an astonishing trove of wealth hidden beneath the waves. This unexpected discovery has not only shed light on the shipwreck's historical significance but has also ignited interest in maritime archaeology and the treasures that lie beneath the ocean.
