Discovery of a Sunken Spanish Treasure Worth One Million Dollars Off the Coast of Florida
October 6, 2025115 ViewsRead Time: 3 minutes

Font Size:
16
In a scene reminiscent of adventure films, a team of divers from 1715 Fleet _ Queens Jewels LLC announced an astonishing discovery off the coast of Florida, in the area famously known as "Treasure Coast," where a historic Spanish treasure estimated to be worth over one million dollars was recovered.
* More than a thousand gold and silver coins
The discovered treasure consists of over 1000 gold and silver coins, believed to have been minted in the Spanish crown colonies in Peru, Mexico, and Bolivia during the early 18th century, before being swallowed by the ocean's waters due to a devastating hurricane that buried this wealth in the depths of the sea.
The coins bear astonishing intricate details such as clear mint dates and seals, providing historians with a rare opportunity to decode trade routes and the tax system during the Spanish colonial era, especially during what is known as the "Golden Age."
* A chapter of history .. not just treasure
The company's operations manager, Sal Goutoso, described the discovery by saying:
"This is not just a material treasure, but a piece of human history. Each coin tells a story: from its maker, to the one who transported it, and even the storm that buried it."
He added that finding this number of coins in a single dive is considered "a rare and exceptional event by all standards."
* Strict laws to protect heritage
Despite the excitement of the discovery, Goutoso clarified that the team is working in full coordination with the Florida authorities, as the state subjects any archaeological excavation to strict laws.
Any discovered treasures are considered state property, and the state retains approximately 20% of them for scientific research and display in public museums.
He added that each excavation season is meticulously documented, and the selected pieces undergo thorough legal review before being presented to the public.
* From the heart of the hurricane to the depths of the ocean
The story of this treasure dates back to July 31, 1715, when a massive Spanish fleet sailed from the "New World" towards Spain, laden with gold and jewels.
But fate did not spare the ships, as they were struck by a powerful hurricane off the coast of Florida, scattering their cargo and sinking completely, remaining buried in the sands and waters for over 300 years.
Since then, the area stretching between Melbourne and Fort Pierce has become a destination for divers and treasure hunters, where millions of dollars worth of coins and jewels have been extracted from the wreckage of that sunken fleet over the past decades.
* "Every dive is a new promise"
Goutoso concluded his statement by saying:
"We are not just searching for gold, but digging into the memory of the ocean. Every dive carries a new promise... for the secrets have been buried under the sands for over 300 years."
This discovery not only adds material wealth to what has been recovered from the depths of the ocean but also opens a rare window into a history that has remained buried under the sands and waters for hundreds of years.
As divers continue their search, the secrets of the sunken empire await someone to bring them back to light.