Tuesday, December 1, 2015

UNESCO Eggs Panama On to Break Deal with Treasure Hunter

UNESCO has evidently egged on Panama to renege on an agreement with an American treasure salvor to share the proceeds of a Spanish wreck in Panamanian territorial waters.  Recovering treasure from  wrecks is an expensive and time consuming process that will only happen if nation states are willing to share the proceeds.  There is a middle ground where wrecks are surveyed by archaeologists employed by treasure hunters and a representative sample of what is found is put on display on a museum.  To leave wrecks in situ is to allow valuable knowledge and objects to be lost to the vagaries of the sea.

1 comment:

Dick Stout said...

I get angry at situations like this, and it happens all the time. Promises, guarantees, lots of time and money spent, and in the end the state, country, reneges, with the hard earned spoils going to those sitting on their ass.