Dubbed 'the El Dorado of the seas,' the Merchant Royal was carrying and other coins when she sank. Mark Milburn, co-founder of Cornwall Maritime Archaeology, told MailOnline that he agrees the anchor's design matches one that the Merchant Royal would have used. 'It's an admiralty patterned long shank anchor, the right type for the Merchant Royal.' 'If it did have a stock then its not the Merchant Royal because they didn't have those until a hundred years after it sank.' The Merchant Royal was known as 'the El Dorado of the seas', and traded with Spanish colonies between 1637 to 1640.

Source: Daily Mail March 07, 2019 11:17 UTC