"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 $1m. More than 1,000 silver and gold coins thought to be minted in the Spanish colonies where Bolivia, Mexico and Peru now sit were uncovered this summer off Florida's Atlantic coast, 1715 Fleet-Queens Jewels LLC announced this week."
"Dates and mint marks are still visible on some of the recovered coins, the salvage company said, a benefit for historians and collectors hoping to glean more information from the lost treasure. This discovery is not only about the treasure itself, but the stories it tells, Sal Guttuso, director of operations for the salvage company, said in a statement. Each coin is a piece of history, a tangible link to the people who lived, worked and sailed during the golden age of the Spanish empire."
More than 1,000 Spanish silver and gold coins estimated at $1 million were recovered off Florida's Atlantic coast near the Treasure Coast. The coins were likely minted in Spanish colonies corresponding to modern Bolivia, Mexico and Peru. The fortune originated from the 1715 fleet, which was wrecked by a hurricane on 31 July 1715, spilling cargo into the sea. Dates and mint marks remain visible on some coins, aiding historical and collector research. Under Florida law, artifacts abandoned in state waters belong to the state, and roughly 20% of recovered archaeological materials must be retained for research or public display.
Read at www.theguardian.com
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