Learn about our plans and enjoy El País without limits.If you are already a subscriber you can login with your username and password.At the age of 85, the well-known treasure hunter Rubén Collado died in Colonia.He died in his sleep, his daughter Maru Collado informed El País.In the mid-1980s, his name made headlines in all the media after denouncing the discovery of the Spanish frigate Nuestra Señora de Loreto, sunk just 100 meters from the container terminal in the port of Montevideo.In a controversial decree, the ship was declared a National Historical Heritage, underwater and under three meters of mud, prohibiting its rescue.The treasure hunter, who had already invested time and money in this project –and had a signed contract with the Prefecture-, sued the State, which won almost fifteen years later, collecting a multimillion-dollar figure.But the fame of this Argentine gained international projection when, at the beginning of the 1990s, he found a real treasure in gold, silver and ingot coins, coming from the shipwreck of Nuestra Señora de la Luz, which occurred in 1752 off the area of Carrasco and Punta Gorda.The first auction of the La Luz treasure was held on March 24 and 25, 1993 at Sotheby's in New York.The total product of the sale was about US$ 3.5 million, although later there was another auction at the Castells & Castells house in Montevideo.50% of what was obtained in the auctions corresponded to the Uruguayan State, which used the money to build a high school in San Carlos and provide elements to the National Navy.Collado also directed the Museum of Shipwrecks, first in Punta del Este and later in Colonia, where he lived.In this department he also found the Lord Clive, an English ship sunk in battle with the Spanish in 1763. In the last days of the government of José Mujica, permission was granted for its rescue, which could not materialize.To comment on the news you must log in with the username and password chosen at the time of registration.If you are not registered yet, you can do so by going to User RegistrationDo not you remember your password?you can access Reset PasswordFrom this point you enter a virtual environment intended for the responsible exercise of freedom of expression.The messages will be instantly visible and will not be supervised by the El País newsroom.It is a self-regulated space for readers, who have mechanisms to report abusive use of it.Zelmar Michelini 1287, CP.11100, Montevideo, Uruguay.Copyright ® EL PAIS SA 1918 - 2022We think you are using an ad blocker and we want to tell you that advertising is one of our ways of generating income for doing journalismIt's usually in the upper-right corner of the screen.You may have more than one ad blocker installed.You may need to select an option from a menu or click a button.