Nelson’s flagship-the 1765 HMS Victory - Portsmouth Dockyard
UPDATE: Odyssey was going to make an announcement on Monday but this excellent Discovery Video from the UK shows that they have definitely discovered the HMS Victory.
The fact that they recovered a 42-pounder gun means that they also have made some sort of arrangement with the UK for recovery. There may, or may not, be treasure on board.
Spectacular video of the HMS Victory Firing Broadside: http://tinyurl.com/d37tvh