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Need To Know > World > Sunken pirate ship over 300 years old with ‘eye-watering treasure’ worth over £101m discovered
A 300-year-old sunken pirate ship, believed to be the Nossa Senhora Do Cabo, was found off Madagascar with treasure possibly worth £108m and over 3,000 artefacts recovered.
World

Sunken pirate ship over 300 years old with ‘eye-watering treasure’ worth over £101m discovered

Almara Abgarian
Last updated: July 10, 2025 10:51 am
Almara Abgarian Published July 10, 2025
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Brandon Clifford and members of the research team prepare for a dive in the sheltered waters of Ambodifotatra Bay near Îlot Madame, a historic hub of pirate activity off Sainte-Marie, Madagascar. (Jam Press/Center for Historic Shipwreck Preservation)
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A sunken pirate ship that is over 300 years old and has a possible treasure onboard worth £101m has been discovered.

The find – believed to be the Nossa Senhora Do Cabo – was made by marine archeologists at the Center for Historic Shipwreck Preservation.

The vessel was transporting cargo from Goa, India.

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It is thought to have been attacked by a group of pirates led by Captain Olivier ‘The Buzzard’ Levasseur on 8 April 1721.

A 300-year-old sunken pirate ship, believed to be the Nossa Senhora Do Cabo, was found off Madagascar with treasure possibly worth £108m and over 3,000 artefacts recovered.
Pottery fragments recovered from the site. (Jam Press/Center for Historic Shipwreck Preservation)

The Nossa Senhora Do Cabo was headed to Lisbon, Portugal, but never arrived as it sunk to a watery grave.

The wreck was discovered in Ambodifotatra Bay near Nosy Boraha island in Madagascar.

Researchers have been investigating the vessel for 16 years.

Marine archeologists Brandon A. Clifford and Mark R. Agostini PhD from Brown University shared an exciting update earlier this month (July).

A 300-year-old sunken pirate ship, believed to be the Nossa Senhora Do Cabo, was found off Madagascar with treasure possibly worth £108m and over 3,000 artefacts recovered.
Two gold coins, one originating from the Sherifian Empire and the other from the Ottoman Empire, minted between the late 17th and early 18th centuries. (Jam Press/Center for Historic Shipwreck Preservation)

The vessel’s cargo, which contained “eye-watering treasure” – such as gold ingots and chests containing pearls – could be worth over £108m.

Sadly, the Nossa Senhora Do Cabo also has a sad history.

It is believed that around 200 enslaved people were onboard during the time of its journey.

Their fate is not known, as reported by Need To Know.

So far, 3,300 artefacts have been pulled from the wreckage including religious figurines and items.

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A 300-year-old sunken pirate ship, believed to be the Nossa Senhora Do Cabo, was found off Madagascar with treasure possibly worth £108m and over 3,000 artefacts recovered.
Madonna statue. (Jam Press/Center for Historic Shipwreck Preservation)
A 300-year-old sunken pirate ship, believed to be the Nossa Senhora Do Cabo, was found off Madagascar with treasure possibly worth £108m and over 3,000 artefacts recovered.
Ivory incised with the letters ; INRI’ (Iesus Nazarenus Rex Iudaeorum). (Jam Press/Center for Historic Shipwreck Preservation)
A 300-year-old sunken pirate ship, believed to be the Nossa Senhora Do Cabo, was found off Madagascar with treasure possibly worth £108m and over 3,000 artefacts recovered.
Porcelain cups and ware fragments were found in situ at the wreck site. (Jam Press/Center for Historic Shipwreck Preservation)
A 300-year-old sunken pirate ship, believed to be the Nossa Senhora Do Cabo, was found off Madagascar with treasure possibly worth £108m and over 3,000 artefacts recovered.
Photomosaic of the excavation grid revealing the lower hull framework. (Jam Press/Center for Historic Shipwreck Preservation)
A 300-year-old sunken pirate ship, believed to be the Nossa Senhora Do Cabo, was found off Madagascar with treasure possibly worth £108m and over 3,000 artefacts recovered.
Maps showing the archaeological survey area near Îlot Madame within Ambodifotatra Bay. (Jam Press/Center for Historic Shipwreck Preservation)
A 300-year-old sunken pirate ship, believed to be the Nossa Senhora Do Cabo, was found off Madagascar with treasure possibly worth £108m and over 3,000 artefacts recovered.
Chart with excavation sections and plotted hull parts. (Jam Press/Center for Historic Shipwreck Preservation)
A 300-year-old sunken pirate ship, believed to be the Nossa Senhora Do Cabo, was found off Madagascar with treasure possibly worth £108m and over 3,000 artefacts recovered.
An ivory figurine of Christ in situ on the wreck of the Nossa Senhora do Cabo. (Jam Press/Center for Historic Shipwreck Preservation)

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