A Maine treasure hunter said Wednesday he has discovered the wreck of a British merchant ship torpedoed off the Massachusetts coast by a German U-boat while carrying what he claims was one of the richest cargos ever.
Greg Brooks of Sub Sea Research in Gorham, Maine, said he has found the British steamer Port Nicholson, sunk in 1942 and now sitting in 700 feet of water 50 miles off the US coast.
Brooks claims the vessel, hit by two torpedoes from the U-87, carried a load of platinum bars now worth more than $3 billion.
However, an attorney for the British government expressed doubt the vessel was carrying platinum. And if it was, in fact, laden with precious metals, who owns the hoard could become a matter of international dispute, according to ABC News.
The Port Nicholson was reportedly carrying more than 70 tons in platinum bars, payment to the US from the Soviets for the war effort, according to the New York Daily News.
Platinum is currently selling for around $1,600 an ounce.