Family finds Spanish treasure worth $1 million

The 1715 Fleet is considered one of the most important maritime tragedies in history. Eleven galleons were laden with treasures from the New World and returning to Spain. The ships departed Havana, Cuba, on July 24 and were shipwrecked in a hurricane on July 31, 1715, on what is now known as Florida’s Treasure Coast.

For a few weeks, the Schmitt family and 1715 Fleet — Queens Jewels LLC had a million-dollar secret on their hands. Last month, they recovered $1 million worth of sunken Spanish coins and jewels off the Florida Coast.

“The treasure was actually found a month ago,” said Brent Brisben of 1715 Fleet — Queens Jewels LLC. Keeping the news under wraps was “particularly hard for the family that found it. They’ve been beside themselves.”

Recovered:

  • 51 gold coins
  • 40 feet of ornate gold chain
  • A single coin called a Royal made for the king of Spain, Phillip V, a news release states. Only a few are known to exist, and the coin — nicknamed “Tricentennial Royal” — is dated 1715. Brisben said the extremely rare silver-dollar-sized coin is worth “probably around half a million dollars itself.”

The Schmitt family struck gold “in September 2013 after finding 50 feet of gold chain and an amazing gold filigree pyx in 2014,” the news release states. They are subcontractors to 1715 Fleet — Queens Jewels and found the most recent treasure in shallow waters off Fort Pierce.

The timing of 1715 Fleet’s announcement coincides with the 300th anniversary of the Spanish treasure fleet’s shipwrecks off the coast of Florida.

That wreck has been the subject of numerous books, articles, documentaries and blogs. Capitan-General Don Juan Esteban de Ubilla and his flagship, the Capitana, contained quite the cargo: more than 3.5 million pesos in priceless treasure, specifically, the queen of Spain’s jewels. En route from Havana, Cuba, to Spain, 11 ships sank and their crew died during a hurricane on July 30.

1715 Fleet — Queens Jewels LLC, operated by treasure hunter Brent Brisben and his father, William Brisben, is a historic shipwreck salvage operation. The company works closely with treasure hunters, museums and of Indialantic. Marx has written several books about the 1715 fleet and the queen’s jewels. He will speak about the historic event on Tuesday.

The “Tricentennial Royal,” a rare coin found off the Florida Coast, is dated 1715.

A press conference about the Schmitt family’s find is scheduled for noon Tuesday at Capt. Hiram’s in Sebastian.

Brent Brisben said the “Today” show and Fox News will spotlight the most recent treasure find this week.

“We’re going to be on Fox News on Wednesday morning,” he said. Camera crews did some filming for the “Today” show Monday morning, Brisben added.

Of the 11 ships that sank, Brisben said the 1715 Fleet has positively identified six of those ships. “Five more are remaining,” he said, “with an estimated $400 million worth of treasure still out there.”

Check back for updates on this story.

 

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