Published on: Oct 05, 2025 12:49 pm IST

The fleet that was struck by a hurricane in 1715 was a convoy of Spanish ships carrying silver, gold, and jewels.

In a exceptional discovery, divers off the east coast of Florida recovered gold and silver cash value $1 million from a Spanish fleet that sank in 1715 after a hurricane. Reportedly, as a lot as $400 million value of gold, silver, and jewels have been misplaced when the convoy confronted the tragedy 300 years in the past.

Over 1000 silver cash generally known as Reales have been recovered from the shipwreck. (1715treasurefleet)

What was discovered within the wreckage?

Shipwreck salvage firm 1715 Fleet – Queens Jewels LLC, which performed the Florida state-sanctioned search, introduced that Captain Levin Shavers and his crew recovered “1000 silver cash generally known as Reales.” The workforce additionally unearthed “5 gold cash referred to as Escudos,” apart from “different uncommon gold artifacts.” The divers discovered the cash preserved beneath sand and sea for hundreds of years.

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The found treasures are a part of the New World riches that the fleet was transporting again to Spain. However, catastrophe struck on July 31, 1715, inflicting the fleet to sink with almost “$400 million value of gold, silver, and jewels”. It is taken into account one of many best maritime tragedies.

The significance of the invention:

Sal Guttuso, Director of Operations, mentioned, “This discovery shouldn’t be solely in regards to the treasure itself, however the tales it tells,” including, “Each coin is a chunk of historical past, a tangible hyperlink to the individuals who lived, labored, and sailed through the Golden Age of the Spanish Empire. Finding 1,000 of them in a single restoration is each uncommon and extraordinary.”

Who will get to maintain the treasure?

The latest treasure shall be cut up between the salvage firm, the subcontractors it employed, and the state of Florida, following state regulation, as reported by the Associated Press.

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About the cash:

The salvage firm shared in a weblog that the cash, generally known as items of eight, nonetheless have seen dates and mint marks. They have been minted within the Spanish colonies of Mexico, Peru, and Bolivia.

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