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Shipwreck of SS Gairsoppa reveals £150m silver haul

A shipwreck containing 200 tonnes of silver worth about £150m has been found in the Atlantic; the largest haul of precious metal ever discovered at sea.

The SS Gairsoppa, a UK cargo ship sunk by a German U-boat in 1941, was found by US exploration firm Odyssey Marine.

The firm will retain 80% of the cargo's value under the terms of a contract with the Department for Transport.

Phil Bodmer reports.

Pictures and audio courtesy of Odyssey Marine Exploration.

  • 26 Sep 2011
  • From the section UK