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Britain's richest shipwreck, worth £8million today, is found off Cornwall

By Rachel Davis

DIVERS have found 330-year-old cannon and an anchor from Britain’s richest shipwreck.

The merchant ship President was returning from India loaded with diamonds and pearls worth £8million today when she sank in 1684.

 Water find!.... divers have found Britain's richest shipwreck - worth £8million today

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Water find!.... divers have found Britain's richest shipwreck - worth £8million todayCredit: SWNS:South West News Service
 The ship was loaded with diamonds and pearls when she sank in 1684

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The ship was loaded with diamonds and pearls when she sank in 1684Credit: SWNS:South West News Service
 The merchant ship President was returning from India

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The merchant ship President was returning from IndiaCredit: SWNS:South West News Service

The crew had survived pirates and near-starvation but all but two died when a storm sank the ship off Porthleven, Cornwall.

Fragments were spotted 20 years ago but recent storms have revealed the larger parts.

Archaeology diver David Gibbins, who has been monitoring the site with Mark Milburn, said: “For years it’s been covered by sand. We’re thrilled with the finds.”

Mark added: “The diamonds and pearls were never recovered. They’re down there somewhere.”

 All but two sailors died when a storm sank her off Porthleven, Cornwall

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All but two sailors died when a storm sank her off Porthleven, CornwallCredit: SWNS:South West News Service
 The crew had previously survived pirates and near-starvation

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The crew had previously survived pirates and near-starvationCredit: SWNS:South West News Service
 The diamonds and pearls 'are still down there somewhere'

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The diamonds and pearls 'are still down there somewhere'Credit: SWNS:South West News Service

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 Fragments were spotted 20 years ago but recent storms have revealed the larger parts

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Fragments were spotted 20 years ago but recent storms have revealed the larger partsCredit: SWNS:South West News Service
 Cannon believe it... the 17th-century cannon and an anchor have been unearthed after 330 years

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Cannon believe it... the 17th-century cannon and an anchor have been unearthed after 330 yearsCredit: SWNS:South West News Service
 The President adds to Cornwall's famous shipwrecks such as the RMS Mülheim at Land’s End and the HMS Devonshire

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The President adds to Cornwall's famous shipwrecks such as the RMS Mülheim at Land’s End and the HMS DevonshireCredit: SWNS:South West News Service
World War II shipwreck discovered at the bottom of a harbour in Sri Lanka 75 years after the vessel was sunk by Japanese bombers