IT MAY seem a glamorous life, but the lot of a treasure-hunter is not all adventure, excitement and the dazzle of gold and jewels. Take Odyssey Marine Exploration. One of its vessels was forced into port and searched by Spanish police last week, before being released this week.

Odyssey’s business is based on the notion that the ocean floor is littered with valuable old stuff that, thanks to new deep-sea technology, can now be recovered. Some evidence came in May, when it found 500,000 colonial-era silver coins and a few gold ones at a secret site that it calls Black Swan.

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