• iconNews
  • videos
  • entertainment
  • Home
  • News
    • UK News
    • US News
    • Australia
    • Ireland
    • World News
    • Weird News
    • Viral News
    • Sport
    • Technology
    • Science
    • True Crime
    • Travel
  • Entertainment
    • Celebrity
    • TV & Film
    • Netflix
    • Music
    • Gaming
    • TikTok
  • LAD Originals
    • FFS PRODUCTIONS
    • Say Maaate to a Mate
    • Daily Ladness
    • UOKM8?
    • FreeToBe
    • Citizen Reef
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • UNILAD
  • SPORTbible
  • GAMINGbible
  • Tyla
  • UNILAD Tech
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Threads
Snapchat
TikTok
YouTube

LAD Entertainment

YouTube

LAD Stories

Submit Your Content
Mystery of what happened to 400-year-old ship carrying £4 billion worth of gold could soon be solved

Home> News

Published 16:20 15 Sep 2024 GMT+1

Mystery of what happened to 400-year-old ship carrying £4 billion worth of gold could soon be solved

The 'El Dorado of the Seas' went missing in 1641 off the cost of Cornwall

Britt Jones

Britt Jones

The case of an ancient ship which has been missing for 400 years might be solved after a UK company has vowed to find its remains.

The ship, named the 'Merchant Royal', was said to have been carrying around £4 billion in gold and other precious metals when it disappeared on 23 September 1641 off the coast of Cornwall.

However, it’s never been found - but while people have, in fact, tried to find this goldmine before, but one company thinks they’re up for the challenge.

The ship had been on route to Dartmouth for repairs, when it made a stop to the Spanish port of Cadiz to be loaded up with more cargo and repair work.

At the time, it was said to be carrying payment for 30,000 soldiers based at Flanders, and treasures such as 400 bars of Mexican silver and 500,000 pieces of eight.

Advert

However, according to Sky History, as it left Cadiz, it sprung a leak. The harsh weather didn't help things either as the ship began to take on more water before eventually sinking.

40 crew members, including the captain, were eventually rescued by a passing ship, while eighteen men died in the sinking.

Estimates on how much was actually lost varies, according to a pamphlet in the British Library, the ship was said to have gone down with ‘300000 in ready boliogne’ (bullion) and ‘100,000 pound in gold and as much value in jewels’.

The ship has been missing for 400 years. (SWNS/Brackan Pearce)
The ship has been missing for 400 years. (SWNS/Brackan Pearce)

However, Sky History believes these sources have been misinterpreted to mean 'weight' rather than 'currency' - they instead give a 'liberal estimate' of £150-300 million.

Advert

While the ship remains undiscovered, Nigel Hodge, a former commercial fisherman and diver has decided that he and his team of eleven at Multibeam Services, are more than able to locate it - and they are going to spend the rest of the year searching for it.

Specialising in finding lost shipwrecks, Hodge said he'll scour a 200 square mile area of the English Channel in an attempt to locate the wreck.

He told Metro in April in an interview that even though the ship would be worth billions, ‘the days of people finding a big pile of gold and becoming rich overnight are well and truly gone' - so he's not in it for the money.

And with the help of new technology, it could soon be solved.

The Merchant Royal's wreck hasn't been discovered yet (SWNS/Brackan Pearce)
The Merchant Royal's wreck hasn't been discovered yet (SWNS/Brackan Pearce)

Advert

The company has underwater vessels which can dive 6,000 meters and utilise sonar technology worth 3.5 million each - so they’re an investment to say the least.

But he doesn’t think it’ll be easy.

Hodge said: “There’s thousands of shipwrecks down there and the Merchant Royal is just one of them. So we’ve got to literally pick through a lot of wrecks as we’re doing them and then identify them.

“It’s not straightforward. If it was straightforward, it would have been done.”

Hodge has also employed the services of other ex-fishermen, which he thinks will help due to their knowledge of the local waters, and that they will stick to Isle of Scilly to avoid continuous travel from the mainland.

Advert

Hodge says that some believe it's like 'finding a needle in a haystack', however, he would slightly disagree: "‘I wouldn’t say it’s quite that but it is a large area and we’ve got the elements to deal with.

"We need to wait for certain conditions to be able to use the equipment."

Featured Image Credit: SWNS/Brackan Pearce

Topics: Money, Weird, UK News

Britt Jones
Britt Jones

Advert

Advert

Advert

Choose your content:

15 hours ago
16 hours ago
17 hours ago
  • Swan Gallet/WWD via Getty Images
    15 hours ago

    Investigator gives update on items discovered in D4vd’s house after 15-year-old's body found in his Tesla

    Celeste Rivas Hernandez's body was found in the boot of a vehicle belonging to the singer in September

    News
  • John Keeble/Getty Images
    16 hours ago

    Brian Cox hits out at 'alien spaceship' theories as he shares 'reliable' sources

    The science pro is not on board with the 'drivel'

    News
  • SWNS
    17 hours ago

    Mum's misdiagnosed symptoms turned out to be signs of life-threatening brain tumour

    The mum had been having the symptoms for a year before

    News
  • Mohamad Salaheldin Abdelg Alsayed/Anadolu via Getty Images
    17 hours ago

    Campaigners' dire warning for two orcas 'left for dead' in abandoned marine park as new heartbreaking video goes viral

    Mother and son Wikie and Keijo remain trapped at the now-defunct Marineland of Antibes - and 'time is running out'

    News
  • Loch Ness Monster mystery could finally be solved as expert makes bombshell discovery
  • Mystery of Everest explorer found 100 years after going missing solved story of how he died
  • Scientists discover £63,000,000,000 worth of gold now richest source of the precious metal on the planet
  • Main theories behind what happened to well-dressed woman who took coffee sip then jumped to death from 262ft tower