Roots, Relics and Recovery: What Went Wrong With the Abandoned Shipwreck Act of 1987

There is a prickly debate in the field of art law over who should own the past. Nevermind business. When the items for sale have totemic significance to a nation or culture, ownership is a privilege, not a top-dollar right… But an entire genre of artifact has been overlooked- underwater cultural property. There are some fifty thousand shipwrecks in the U.S., with 5-10% being of historic significance. As with art, so with shipwrecks and their related artifacts: who should own the past?