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Family Discovers Gold Coins Worth $1 Million from 300-Year-Old Spanish Shipwreck

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at 2016.01.03
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Our childhood dreams are residing about concealed treasures and embarking on a crazy experience. After almost 300 years, more than $1 million worth of gold artifacts were discovered off the shore of Florida. Treasure hunter Brent Brisben of Queens Jewels said the the gold was found on June 17 about 4.5 meters in the Atlantic Ocean off Fort Pierce.

When Eric Schmitts metal detector got a hit about 4.5 meters below the oceans surface, he virtually blown off it. Generally, the metal detectors just finds lead fishing weights and beer cans. But this time it was completely distinct. Gold was struck by the family of treasure hunters from Sanford, as well as lots of it.

The state of Florida is entitled to up to 20% of the treasures as well as the remainder is split between the the Schmitt family, the treasure hunters who found it and Queens Jewels. Based on Brisben, the artifacts date from a 1715 marine disaster.


Photo credit: Booty Salvage

On July 24, 1715, 11 boats set off to Spain, from Havana, Cuba. On what’s known as Floridas Treasure coast, sadly, the boats were wrecked in a hurricane on July 31, 1975. Were able to swim to land. another although nearly 1,000 people perished, but Salvage attempts on the boats started shortly after and officials throughout that time reported the treasure had been completely recovered, stopping Spanish retrieval of the treasure.

The things recovered comprise 12 metres of elaborate gold string and 51 gold coins. Theres a Royal that was destined for the king of Spain was called by a rare coin, Brisben said.

Rick Schmitt and his two kids Hilary and Eric has been discovering treasure for a long time.


These artifacts were found in waters located roughly 30 miles north of West Palm Beach. The coins contain and change in denomination: 22 Two Escudos 17 Eight Escudos and 12 One escudos.

A diving salvage firm named Booty Salvage is run by the Schmitt family.


In line with the Queen Jewels web site, the salvage on the 1715 Fleet started in the late 1950s, after an Ohio guy made a decision to learn where it came from and located a piece of eight on the shore after a hurricane. The 1715 fleet website was passed among a number of different salvage firms in the decades since, but its own team of subcontractors and Queen Jewels has been working to regain more artifacts since 2010.

These finds are significant not only for their monetary value, but their historical significance, said Brent Brisben. One of our key aims is to help maintain history and learn from, and also these weeks discovers bring us nearer to those truths, he included.

Queens Jewels, LLC, says its on the brink of closing in on

Wow! How cool is that?!

See the fascinating video below:

Source: Mashable, Daily Mail

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