Florida Sunken Treasure Discovery From 1715 Shipwreck Valued at Over $1 Million The Schmidt family recovers a lost treasure they say is worth $ 1 million off the coast of Florida.
A Central Florida family discovered over $1 million in gold treasure from an historic shipwreck off the Florida coast. The Schmitts, of Sanford, working as subcontractors for 1715 Fleet-Queens Jewels, recovered 51 gold coins, including a single "royal" coin made for King Phillip V of Spain, and 40 feet of ornate gold chain in connection with the 1715 Treasure Fleet, which sank along Florida's Treasure Coast 300 years ago this week.
