Claims made by several parties – including Colombia, Spain and Peru – over ‘holy grail of shipwrecks’ which was sunk by Royal Navy in 1708

Claims made by several parties – including Colombia, Spain and Peru – over ‘holy grail of shipwrecks’ which was sunk by Royal Navy in 1708

Astonishing treasures not seen for three centuries have been discovered deep on the seabed - but a furious dispute is already brewing over a US firm's claim to the trove.

San Jose galleon, which sank in 1708, was loaded with gold, silver and emeralds worth billions

Spain, Colombia and a US salvage company all stake a claim to the staggering hoard of gold, silver and emerald