Image: Spanish ship
Marcos Brindicci  /  Reuters
Archaeologist Marcelo Norman Waissell lifts an artifact on Tuesday as he works near cannons of an 18th century Spanish galleon recently discovered in Buenos Aires, Argentina.
updated 12/30/2008 5:03:54 PM ET 2008-12-30T22:03:54

Workers digging to lay the foundation of a luxury apartment complex in Argentina uncovered a Spanish ship believed to be from the 18th century.

It was found in Buenos Aires' upscale Puerto Madero neighborhood, on the banks of the Plata River. The area used to be the city's old port, but was eventually filled in and developed.

Mayor Mauricio Macri announced the ship's find at a news conference Tuesday.

Urban archaeologist Marcelo Weissel says it probably dates back to 1750 or earlier. But he says it likely does not contain any treasure, beyond its archaeological value.

Experts will work carefully to rescue the ship so that it can be sent to a museum.

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Video: Spanish galleon uncovered in Argentina

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