The Merchant Royal, a 17th-century English treasure ship known as 'the El Dorado of the seas' sank in bad weather near the Isles of Scilly in 1641. It was returning to Dartmouth laden with treasure from Mexico amounting to at least 100,000 pounds of gold, 400 bars of Mexican silver and 500,000 pieces of eight.
The wreck lies somewhere off the coast of Cornwall After lying undisturbed on the seabed for centuries, the ‘El Dorado of the Seas’ may finally reveal its secrets. The Merchant Royal’s shipwreck is somewhere off the coast of Cornwall, but has never been found despite carrying up to £4 billion of gold and other precious metals. Whoever finds it could get their hands on more treasure than Long John Silver, but unfortunately there is no X to mark the spot.
’ Based in Redruth and employing several other ex-fishermen, he believes his company is well placed to succeed where others failed due to their local knowledge of the waters as well as the advancements in tech. The wreck went down on its way to Dartmouth on September 23, 1641, after stopping off in the Spanish port of Cadiz where it was repaired and took on more cargo on its way back from Mexico and the Caribbean.
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