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Salvage rights allowed a group or an individual the right to retrieve cargo from sunken ships.
History
On 18 July 1888, local authorities began contesting the salvage rights to the Elysium after the crash the previous day. (PROSE: Pride of Mayfield Star Lines Beached in Devastating Storm)
In the 2010s, Daryl Christofi obtained some of the salvage rights to the Elysium and sought to recover the lost gold ingots from the ship. (PROSE: Enthusiastic Amateur Diver Shares His Discoveries With You!)