British treasure hunters have found a chest which could contain $163m (£125m) worth of Nazi gold.
The casket was located in the post room of the SS Minden, a Nazi ship which was at the bottom of the Atlantic Ocean just off Iceland.
There are claims the cargo ship was used to transport gold from banks in South America to Nazi Germany when it sank in 1939.
After being intercepted by a British ship, SS Minden was scuttled by its own crew to prevent allied troops capturing it.
It is believed that it contains approximately four tons of valuable metal.
AMS had fallen foul of Iceland’s rules when searching for the treasure, which was located 120 miles from the shore.
The crew of the Seabed Constructor, which was used to conduct the investigation, were ordered back to Iceland for not having the necessary licence.
They are now claiming the contents belong to the finder and are awaiting a decision from Icelandic officials on the legal owner of the wreckage and the haul.
The ship set off from Brazil in 1939, just days after World War II broke out, apparently to deliver gold from South American banks to Germany, the newspaper recounted.
British naval forces spotted the ship and, rather than see the cargo seized, the Minden's captain sank the vessel — supposedly on orders from Adolf Hitler, no less.
Now the U.K.-based Advanced Marine Services, whose crew found the box, wants permission from Iceland's government to cut a hole in the ship's hull and remove the chest, claiming its contents belong to its finder, the Sun reported. [Of course, until the chest is actually found and opened, what it might or might not contain is purely conjecture - ed.]
According to the newspaper, Icelandic officials were to declare just who owns the wrecked ship, which lies 120 miles southeast of Iceland in the Atlantic Ocean.
Stay tuned - I am sure there is more to follow!
Until next time,