$1M worth of gold, silver coins recovered from 1715 Spanish shipwreck

Salvage company 1715 Fleet-Queens Jewels LLC recovered more than 1,000 silver coins and five gold coins worth around $1 million from a 1715 Spanish shipwreck off Florida’s Treasure Coast.

The coins, known as “reales” and “escudos,” were retrieved by Captain Levin Shavers and the crew of the M/V Just Right.

The shipwreck was part of the 1715 Treasure Fleet, which was transporting wealth from the New World to Spain when a hurricane sank 11 ships and killed about 1,000 people.

Historians estimate that the fleet carried roughly $400 million in gold, silver, and jewels, making each recovered coin a valuable historical artifact, USA Today has reported.

Queen Jewels, based in Sebastian, Florida, holds exclusive salvaging rights and works with treasure hunters, museums, and archaeologists to preserve the site.

read more: https://www.usatoday.com/story/news/nation/2025/10/03/silver-gold-coins-spanish-shipwreck-florida-treasure-coast/86489430007/

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