Treasures worth $1 million found in Florida: silver and gold from a ship that sank 300 years ago.

According to The Sun: A genuine treasure in the form of jewelry valued at $1 million was found 300 years after it sank on a Spanish ship.

A team of divers discovered over a thousand shiny gold and silver coins near the coast of Florida.

This find was made in a marine area known as the Treasure Coast.

Historians were thrilled to learn that some coins retained mint marks and dates of manufacture.

These coins were likely produced in Bolivia, Mexico, and Peru, and then transported to Spain aboard a fleet of ships that also carried various jewelry items.

However, when a hurricane struck, the valuable cargo sank, remaining on the ocean floor to this day.

Historians are excited about the new find as dating and mint marks have remained clear on some coins.

Among estimates, it is believed that the hurricane caused a loss of up to $400 million worth of gold, silver, and jewels.

This makes this event one of the most significant maritime tragedies in America, according to sources.

Sal Guttoso of Queen Jewels, who found the treasure, said: “This discovery is not just about the treasure, but also about the stories it tells.”

“Each coin is a part of history, a tangible connection between people who lived, worked, and sailed during the Spanish Empire's Golden Age. To find 1000 of them in one find is a rarity and an extraordinary event.”

The team made the discovery after extensive surveying of the seabed using specialized equipment.

Plans for exhibiting selected artifacts in local museums are already actively being discussed.

According to Florida law, “treasures” belong to the state, but publishers may operate under strict supervision.

They are often granted permission to conduct 'recovery services', provided that about 20 percent of the found materials remain with the state.

Sal added: “Every find helps piece together the human history of the 1715 fleet.”

What is the Treasure Coast?

The Treasure Coast is an area along Florida's Atlantic coast that includes four counties: Palm Beach, Martin, St. Lucie, and Okeechobee.

The name comes from the losses of the Spanish treasure fleet during the hurricane of 1715.

Treasure hunting was intensified here in the 1960s, and divers continue to search for gold in this region.

“We strive to preserve and study these artifacts so that future generations can appreciate their historical significance.”

This find occurred just a few months after archaeologists discovered a sunken ship with jewelry worth over 101 million pounds sterling.

The ship, believed to be Nossa Senhora do Cabo, was sunk by pirates off the coast of Madagascar in 1721 during one of the most famous raids in history.

From this site, over 3300 artifacts have been recovered, including religious figures, gold ingots, pearls, and treasure chests.

The coins are set to be displayed in various local museums.

The coins were made in Bolivia, Mexico, and Peru.

This event highlights how important underwater explorations are, not only for acquiring material values but also for restoring history that connects us with the past. The local community and historians hope that these artifacts will provide a better understanding of the culture and trade of the Spanish Empire era.