Divers Just Discovered $1 Million Worth of Gold and Silver Coins Off Florida’s ‘Treasure Coast’

Treasure hunters precocious recovered $1 cardinal worthy of rare coins disconnected nan seashore of Florida.

The find was announced connected Thursday, Sept. 30, by 1715 Fleet — Queens Jewels, LLC. The backstage archeological institution exclusively searches for wealth and artifacts from nan 1715 Treasure Fleet, a fleet of Spanish ships that sank disconnected nan seashore of Florida successful 1715 while carrying monolithic amounts of precious cargo, per nan organization’s official website.

“Over 1,000 metallic coins known arsenic reales were recovered by Capt. Levin Shavers and nan unit of nan M/V Just Right,” nan institution shared connected their blog, adding that “five golden coins called escudos and different rare golden artifacts were recovered during nan 2025 summertime salvage season.”

The coins were recovered beneath “centuries of soil and sea,” and “are portion of nan immense luck carried by nan fleet,” which was transporting cargo to Spain, “when disaster struck connected July 31, 1715," according to nan company.

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The fleet encountered a hurricane disconnected nan seashore of Eastern Florida successful an area now known arsenic nan Treasure Coast — named for nan truth that a ample number of shipwrecks took spot location — and each but 1 of nan fleet’s astir 12 ships were destroyed. Historians estimate that arsenic overmuch arsenic $400 cardinal worthy of precious metals were mislaid successful nan wreckage, “making it 1 of nan top maritime tragedies — and treasures — of nan Americas,” says nan website.

Sal Guttuso, nan archeological company’s Director of Operations, stressed that — money speech — nan existent worth of nan coins lies successful their humanities significance.

“This find is not only astir nan wealth itself, but nan stories it tells,” he said, per nan site.

He added, “Each coin is simply a portion of history, a tangible nexus to nan group who lived, worked and sailed during nan Golden Age of nan Spanish Empire. Finding 1,000 of them successful a azygous betterment is some uncommon and extraordinary.”

“Every find helps portion together nan quality communicative of nan 1715 Fleet. We are committed to preserving and studying these artifacts truthful early generations tin admit their humanities significance,” he continued.

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The coins will acquisition a rigorous conservation process earlier being fixed to section museums for nationalist display, according to nan company.