Article: The race for riches.(modern technology has made the discovery of sunken ships easier than ever and treasure hunters are proliferating, much to the dismay of archaeologists)

Phil Masters never cared for the 9-to-5 life. He endured years of long commutes and white-collar drudgery at a New York City electrical-supply wholesaler--until the onset of "male menopause" in 1977. On the verge of turning 40, he meditated on a life wasted. "I had a pretty wife, a nice house in the suburbs, a dog, the white picket fence," recalls Masters. "But my wife always asked, `Why aren't you happy?' Because to me, it was a trap. I had a wanderlust that couldn't be satisfied."

Before he started selling fuses to support his family, Masters, a lifelong history buff, had dreamed of scouring the seas for lost doubloons. And as middle age approached, he was ...

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