The galleon San Jose sank off Colombia in 1708 carrying treasure said to be worth $2 billion today. But disputes over who gets the loot have prevented its recovery.

CARTAGENA, Colombia — For nearly 300 years, the wreck of the Spanish galleon San Jose has tantalized archaeologists and salvagers alike. When it sank in 800-foot-deep waters off this fortified Spanish colonial city, it was carrying gold, silver and precious jewels that a group of treasure hunters believes are now worth $2 billion.

But a quarter of a century after the U.S. group, which originally included a Hollywood actor, a professional golfer and a convicted Watergate felon, staked its claim, exploration and retrieval of the wreck seem as distant as the sinking sun at dusk over this historic walled city.

The stalemate over the claim by Seattle-based Sea Search Armada is partly the result of sweeping changes in international marine law and judicial interpretations during the last two decades that have made business more difficult for shipwreck salvagers. Colombia is loath to give a private foreign group access to a valuable historical site, though exploration permits it issued nearly 30 years ago seemed to do just that. Read Full Story

WASHINGTON — Wayne Sayles, a conservative Republican from Missouri who twice voted for President Bush, is none too pleased with the Bush administration these days. In fact, he says it’s trying to put him out of business.

Sayles has been collecting and selling ancient coins since 1967, and on Nov. 15, a group he heads sued the State Department, charging that its decision to restrict imports of ancient coins from the Mediterranean island of Cyprus is “a major offensive” against coin collectors that threatens his hobby.

“In a world where globalism is not just a trend but an irreversible fact of life, how can anyone justify turning America into an island of prohibition for something as innocuous as a common coin?” Sayles, the executive director of the Ancient Coin Collectors Guild in Gainesville, Mo., asked on his blog.

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Readers of this blog could hardly escape the sense of frustration that I personally have felt over what I see as intransigence in a bureau of the U.S. State Department. I’m sure that it literally pours from these lines. For years, the Bureau of Educational and Cultural Affairs (ECA) has operated under a shroud of secrecy that becomes neither the Department nor those charged with fulfilling its mission. Several prominent journalists, including Steven Vincent, Nina Teicholz and Jeremy Kahn have raised questions about the lack of transparency at ECA regarding cultural property issues.

When the U.S. Legislature authorized implementation of parts of the 1970 UNESCO Convention, a well thought out series of safeguards was built into the process that we know as CPIA (the Convention on Cultural Property Implementation Act). These safeguards were intended to protect and preserve the rights of a broad cross section of society — including private and public collectors. The integrity of these safeguards is dependent upon transparency in the system where decisions affecting those various elements of society are made. (more…)