Overview

• 1715 Fleet - Queens Jewels LLC confirmed more than 1,000 gold and silver coins were recovered off Florida’s Treasure Coast from a 1715 Spanish fleet site.
• Many coins retain legible dates and mint marks from colonial mints in Mexico, Peru, and Bolivia, enhancing their historical and numismatic value.
• Operations director Sal Guttuso said divers used underwater metal detection, hand-fanning, and suction systems during the recovery.
• Preliminary estimates reported by outlets value the haul at about $1 million, subject to inventory and conservation.
• Under Florida permits, the state typically retains roughly 20% for public collections, with remaining items later distributed to the recovery firm and partners.