Modern-day Treasure Hunters Strike Platinum off Cape Cod

Love them or hate them, we’re all intrigued by the modern-day treasure hunters who are using tiny submarines and remote vehicles to look for shipwrecks that might have been carrying precious cargo when they went down. And a team based in Portland, Maine, says that it’s located one of the most precious wrecks ever discovered — and they’re about ready to start hauling up its cargo of platinum bars.

The Port Nicholson was believed to be carrying 71 tons of platinum bars to Britain when it was torpedoed by a German U-boat off Cape Cod. In today’s dollars, that cargo would be worth $3 billion. A team from Sub Sea Research in Portland says it could begin bringing the cargo to the surface this month.

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