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Excavators Find $1 Million in Gold Coins From Spanish Shipwreck Along Florida's 'Treasure Coast'

The recovered coins, many with visible dates and mint marks, are part of a $400 million treasure lost in a 1715 hurricane and will be conserved for museum display.

  • On October 2, 2025, 1715 Fleet Queens Jewels, LLC announced recovery of more than 1,000 silver and gold coins valued at $1 million off Florida's Treasure Coast.
  • The 1715 fleet sank on July 31, 1715, when a hurricane wrecked Spain-bound ships, and historians estimate $400 million in treasure went down with the fleet.
  • Salvagers reported many coins minted in Mexico, Peru and Bolivia retain visible dates and mint marks, and five Escudos were recovered earlier in the 2025 summer salvage season.
  • Queen Jewels, LLC said the coins will undergo careful conservation before select pieces are displayed at local museums, while Florida state retains roughly 20% for research or display.
  • Officials say every find helps piece together the human story of the 1715 fleet, under strict state oversight and archaeological guidelines, with Queen Jewels holding exclusive salvage rights.
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Excavators find $1 million in gold coins from Spanish shipwreck along Florida’s ‘Treasure Coast’

By KATE PAYNE Hidden beneath the turquoise waters off a stretch of Florida known as the “Treasure Coast,” a team of divers from a shipwreck salvage company have uncovered exactly that — a load of long-lost Spanish treasure they estimate is worth $1 million. Related Articles OpenAI now worth $500 billion, possibly making it the world’s most valuable startup Interstellar comet swinging past Mars as a fleet of spacecr…

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WPBF broke the news in on Wednesday, October 1, 2025.
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