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300-Year-Old Spanish Shipwreck Holds Million Dollar Treasure

Shipwreck divers have announced quite the anniversary present for the flagship of a 1715 Spanish treasure fleet, the Capitana: 52 gold coins, 40 feet of gold chain, and 110 silver coins and buttons all worth over one million dollars.

The find, made over a month ago on June 17, was kept under wraps until now. The Florida family that made the discovery, led by Eric Schmitt, wanted to wait so their announcement would coincide with the 300-year anniversary of the fleet's sinking off the coast of Florida.

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1715 Fleet - Queens Jewels, LLC is a group of Historic Shipwreck Salvors focused on the exploration and recovery of the famous 1715 Plate Fleet. We currently operate the largest permitted salvage operation in Florida waters. Our goal is to bring the amazing story of the 1715 fleet to the public. We hope the recovery of these incredibly rare artifacts will help educate people about Spanish colonization of the new world and life on the high seas in 1715.