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Divers Recover 1,000-Plus Coins From 1715 Treasure Fleet Off Florida, Valued Near $1 Million

The state-licensed Queens Jewels team says the trove will undergo conservation with select pieces prepared for museum display.

Overview

  • Captain Levin Shavers and the M/V Just Right crew recovered 1,051 silver Reales, five gold Escudos, and other gold artifacts during the 2025 summer season.
  • Queens Jewels, LLC holds the exclusive lease for the 1715 fleet sites and conducts work under Florida permits and archaeological guidelines.
  • Many coins retain visible dates and mint marks from colonial mints in Mexico, Peru, and Bolivia, strengthening their provenance and research value.
  • Experts say the coins’ uniform condition suggests a single chest or shipment spilled as the fleet broke apart in the 1715 hurricane.
  • The coins will be cleaned, cataloged, and certified under state oversight before selected pieces go on public display at local museums.