ROSATOM DISCUSSING NUCLEAR PROJECTS WITH NIGER & ETHIOPIA. (PHOTO).
Excavators uncover $1 million in gold coins from Spanish shipwreck off Florida’s ‘Treasure Coast’
Beneath the turquoise waters off Florida’s famed “Treasure Coast,” divers from a shipwreck salvage team have uncovered a haul of long-lost Spanish treasure valued at roughly $1 million.
The team recovered more than 1,000 silver and gold coins this summer along the Atlantic coast, believed to have been minted in the Spanish colonies of Bolivia, Mexico, and Peru. Centuries ago, the fortune was being transported back to Spain when a hurricane sank the 1715 Fleet on July 31, spilling treasures into the ocean. Over the years, salvagers have retrieved millions of dollars in gold coins from wrecks along the coast between Melbourne and Fort Pierce. Some of the newly recovered coins still bear visible dates and mint marks, offering historians and collectors valuable insights. Sal Guttuso, director of operations for the salvage company, described the find as “both rare and extraordinary,” noting each coin connects modern observers to the people of the Spanish Empire’s Golden Age. Florida law stipulates that historic artifacts found in state waters belong to the state, though recovery teams may be permitted to excavate, with roughly 20% of materials retained for research or public display.
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