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Over 1,000 Coins From 1715 Spanish Wreck Recovered Off Florida’s Treasure Coast, Valued at About $1 Million

Florida will determine conservation steps before any museum display.

Overview

  • Captain Levin Shavers’ crew working for Queens Jewels recovered roughly 1,000 silver reales, five gold escudos and other rare gold pieces during the 2025 salvage season.
  • Many coins retain readable dates and mint marks from colonial mints in Mexico, Peru and Bolivia, enhancing their research and collector value.
  • The company places the haul’s value at about $1 million, and experts say the condition suggests a single chest or shipment was torn open by the 1715 hurricane.
  • Artifacts are entering conservation under state oversight, and Florida can select roughly 20% for public collections before remaining items are allocated under the standing agreements.
  • The find comes from the 1715 fleet wrecks off the Treasure Coast, where losses have been historically estimated near $400 million, a region that has also faced prior theft concerns tied to the sites.