Divers working off Florida’s Atlantic coast have recovered an estimated $1 million in Spanish treasure from a centuries-old shipwreck. The haul, announced this week by 1715 Fleet – Queens Jewels LLC, includes more than 1,000 gold and silver coins believed to have been minted in Spanish colonies in Bolivia, Mexico, and Peru.
The wreck traces back to July 31, 1715, when a hurricane sank a fleet of Spanish galleons carrying New World riches to Europe.
WHAT A FIND! Hidden beneath the turquoise waters, a team of divers from a shipwreck salvage company has uncovered a load of long-lost Spanish treasure they estimate is worth $1 million. https://t.co/Kej4KzqA0W pic.twitter.com/A862wlFfFj
— WFLA NEWS (@WFLA) October 3, 2025
For decades, salvagers and treasure hunters have uncovered millions of dollars’ worth of artifacts along Florida’s so-called “Treasure Coast,” from Melbourne to Fort Pierce.
Salvage director Sal Guttuso said the find is “not only about the treasure itself, but the stories it tells,” noting the historical value of mint marks and dates still visible on the coins.
Treasure hunters have discovered $1 million in gold and silver coins from a 1715 shipwreck off Florida's coast. https://t.co/Z6RhTLoSr2
— CBS News (@CBSNews) October 1, 2025
Under Florida law, the state retains up to 20% of recovered artifacts for museums and research.
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