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Please read the San Jose, the gold-laden ‘holy grail of shipwrecks’ article.  This article is about a Ship that was sailing from Spain to North America back in 1708. The Ship was sunk by a British war ship as part of the War of Spanish Succession. The ship was laden with gold, silver, and emeralds as cargo and it was intended  to be traded in the North American Spanish colonies that existed at the time for other items. The treasure was lost at sea when the ship was sunk over 300 year ago and was recently found near the coast of Columbia by the Woods Hole Oceanographic Institution, an organization that specializes in seeking out lost treasure.