Discover $ 50 million treasure on shipwrecks in the Atlantic

A British research team discovered and salvaged treasures of coins worth about $ 50 million on a shipwreck since 1942.

Treasure of 50 million USD on shipwreck

Coins are salvaged from the shipwreck.(Photo: F.Bassemayousse)

The Ocean Research Group (DOC) located the SS City of Cairo by radar system since 2011, under the South Atlantic Ocean. 100 tons of silver coins. According to the current exchange rate, this treasure is estimated to be worth about $ 50 million.

DOC completed salvage in September 2013, however the British government decided to keep it a secret and announced earlier this week. According to BBC, this is the deepest salvage activity in history. The proceeds from salvage activities belong to the British Ministry of Finance and DOC.

CNN said that in November 1942, the SS City of Cairo was sunk by a German U-boat torpedo while carrying 302 people , including passengers and crew. At this time, the ship is on a journey from Bombay, India to England to support the war. After stopping in Brazil, two torpedoes sank the mid-Atlantic ship.

Coins are brought from the sea to shore.(Photo: Telegraph)