“The Namibian government – every single coin,” he said. “That is the normal procedure when a ship is found on a beach. The only exception is when it is a ship of state – then the country under whose flag the ship was sailing gets it and all its contents. And in this case the ship belonged to the King of Portugal, making it a ship of state – with the ship and its entire contents belonging to Portugal. The Portuguese government, however, very generously waived that right, allowing Namibia to keep the lot.”
Diamond miners recently discovered a ship that went down 500 years ago after draining a man-made lagoon on Namibia’s coast. While shipwrecks are often found along Africa’s Skeleton Coast, this one just so happened to be loaded with $13,000,000 worth of gold coins.
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