Overview

• Salvage company 1715 Fleet – Queens Jewels LLC recovered over 1,000 silver Reales and several gold Escudos off the Treasure Coast near Sebastian.
• The haul is estimated at about $1 million, and the company says the coins’ condition suggests many spilled from a single chest or shipment during the 1715 storm.
• The pieces are attributed to colonial mints in Bolivia, Mexico, and Peru from the era of the Spanish Empire.
• Florida Rule 1A-31.090 allows the Division of Historical Resources to retain up to 20% of documented artifacts, with the remainder potentially shared with the permitted salvors.
• The firm holds exclusive recovery rights at the site and plans museum displays after conservation, with executives calling a single recovery of 1,000 coins rare.