16th-Century Shipwreck Off Florida Coast Is Worth Millions. But It Belongs to France, not US.

Bronze Cannon with Fleur-de-Lis
The French fleur-de-lis symbol engraved on a 16th-century bronze cannon discovered in a shipwreck off the coast of Cape Canaveral, in Florida.
(Image credit: Global Marine Exploration, Inc.)

A 16th-century shipwreck that may be all that's left of one of the first European voyages to America holds treasures worth millions of dollars. But now a judge has ruled that the company that discovered the wreck off the coast of Florida has no right to salvage the valuable artifacts.

That's because the artifacts may be from a small fleet of French ships, led by the explorer Jean Ribault, which sailed to establish a colony in Florida in 1562 and 1565. In a decision on the legal dispute released last week, U.S. judge Karla Spaulding gave ownership of the wreck and its valuable artifacts to the nation of France.

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Tom Metcalfe is a freelance journalist and regular Live Science contributor who is based in London in the United Kingdom. Tom writes mainly about science, space, archaeology, the Earth and the oceans. He has also written for the BBC, NBC News, National Geographic, Scientific American, Air & Space, and many others.