Hi Aquanut,
Even if I had a cast iron location for the wreck, I would have no plan to make any recovery (my health would not allow me to dive). My interest is only historical/self education/ research, and maybe I can help Mike find out for certain that the said galleon was lost off of Catalina and maybe even help with funding any attempts to locate the wreck.
Here is my up to now ammature take on the story.
The San Pedro according to those who have seen the records of the Indies did arrive at Manila in 1595.
The captain for some reason did not use the ship for the return journey, the San Augustin was used instead and that is a well documented loss.
The problem with the claim (to my way of thinking) is that the claim was that the ship was lost in 1598 and in 1601-1603 a salvage attempts were made (on the san pedro).
There was a documented salvage attempt at that time, but it was not on the San Pedro but was on the San Augustine, and those records do not seem to indicate that the captain also had orders to try salvage the San Pedro which was only a short distance away from where the Augustin was lost.
I am probably using the wrong logic, but if I were a wreck hunter I would want to be certain that at least a ship, in this case the San Pedro was lost in the said area before I went to the expense of an attempted location/salvage etc. I only live a couple of hours from the archives but my spanish is non existant and I do not believe I would be very successful at locating the correct records.
All that said I am 100% an ammature when it comes to wrecks, but I do enjoy history and research, the nature of a treasure hunter.
Quote Marina
A few years ago, I came across some information about the finding of some dated bronze cannons that led me to believe that the San Antonio had wrecked on the coast of British Columbia. Somebody showed me a rubbing of a date (1596) and the Spanish crest, and gave me the names of the guys who had supposedly the cannons, but I could never establish the facts well enough to make it worth further investigation.
From that quote I take it that the best proceedure is to know for certain that a wreck exists before throwing small fortunes into further research or location/recovery attempts.
There are people here with a vast knowledge and I believe if the San Pedro (no matter what it was known as) went down off Catalina then there are probably people here who can shed more light.

Gary