1715 Treasure Fleet
A unique coin intended for the King of Spain and other gold artefacts valued at more than $1 million have just been found in shallow waters about 30 miles north of West Palm Beach. The Schmitts, a family of seasoned treasure seekers, discovered the discovery.
The jewels were discovered in the 1715 Treasure Fleet, which sank after departing Havana, Cuba, due to a hurricane nearly precisely 300 years ago. The objects, which were barely 15 feet deep in the sea, contained 40 feet of elaborate gold chain and 51 gold coins.
The historical significance of these discoveries is equally as vital as their monetary value, according to Brent Brisben, owner of 1715 Fleet-Jewels, Queen’s LLC. “Learning from and preserving history is one of our main objectives, and this week’s discoveries help us get closer to those facts.”
Divers have found roughly $50 million worth of wealth since the ship was retrieved more than fifty years ago, and it is believed that more than $400 million worth of treasure may still be submerged beneath the sea. Unfortunately, the whole fleet’s salvage rights belong to Queens Jewels LLC.
SS City of Cairo
The world undersea salvage record
After £50 million worth of cargo, including silver rupee coins, was recovered from the British steam ship SS City of Cairo by Deep Ocean Search earlier this year, a treasure that was once believed to be lost forever has recently been discovered (April 2015).
The SS City of Cairo was sunk by a German U-boat in 1942 while sailing from India to England, 480 miles south of the Atlantic island of St Helena. S S City of Cairo_, which was discovered at a depth of 5,150 metres, set a record for the deepest recovery; by contrast, the renowned Titanic wreck was discovered at a depth of 3,800 metres.
The shipwreck dive was challenging due to the record-breaking depth. The team stated that many system faults, unlike anything they had ever experienced before, were caused by a combination of pressure, temperature, repeated dives at this depth, and other problems.
Most fascinating shipwreck discoveries
The wreck code-named Black Swan, found by Odyssey Marine Exploration in 2007 off of Gibraltar, contained the largest financial treasure haul. The salvage team apparently discovered 17 tonnes of coins with a worth of $500 million; this is a staggering amount that is “unequalled” in the field of treasure seeking.
The crew immediately flew its haul back to the US without disclosing the Black Swan diving site or the specific types of coins it found. The Spanish government filed a claim on the treasure as a result, and the US Federal Court demanded Odyssey reveal the location of the wreck. This led to a courtroom battle. The treasure had to be flown back over the pond after five years of judicial proceedings, which resulted in a victory for Spain.
The oldest treasure ever found
The oldest coin ever struck in the New World was being sold by an elderly man in a community in the Dominican Republic. So starts the tale of the most amazing shipwreck discovery ever—possibly the oldest.
When the local man spotted the coin, the Deep Blue Marine crew used side scan sonar to investigate the region. They were pleasantly delighted to discover pieces of the damaged ship. They also discovered jade statues, jewellery from the ancient Maya, and gold coins from 1535 in their hoard of riches. A collection of four coins is worth $1 million on its own. 50% of the discovery was kept by Deep Blue Marine, while the remaining 50% was given to the Dominican Republic government.
A shipwreck has never uncovered artefacts that were so old, and it is possible that the ship sank during a hurricane just a few years after Christopher Columbus discovered the New World.
The most famous shipwreck and treasure
The Titanic is arguably the most well-known shipwreck of all time due to both the beautiful wealth that perished with her in 1912 as well as the heartbreaking tale of how she sank after colliding with an iceberg. She transported numerous affluent guests, and it’s been reported that the wreck cost $300 million in jewels. The opulent ocean liner was discovered in 1985 by a team of French and American experts south of Newfoundland.
In 2012, just in time for the Titanic’s 100th birthday, approximately 6,000 objects that had been found in the wreckage were put up for auction at two US auction houses. A diamond jewellery, kitchenware, and even private objects like a postcard from a passenger to his parents were on the list.
A few deckchairs from the Titanic were auctioned off by Henry Aldrige & Son in April as part of the ongoing sale of Titanic artefacts. The Nantucket hardwood chairs, which were too delicate to be used as seats but brought an astounding £85,000 at auction, belonged on the ship’s first-class promenade deck.