News that a family finds gold coins worth $300,000 off the Florida coast is an amazing way to end a vacation. According to a Sept. 4 Web Pro News report, The Schmitt family was hunting for treasure off the coast of Fort Pierce.
Amazingly, the Schmitts were rewarded for their efforts when they found over $300,000 in gold coins and chains. The treasure was near the Brisben wreckage, which is where the 1715 Treasure Fleet sunk in a hurricane. The wreckage lays just about 150 feet from the shore. It's amazing that after all these years, nobody had found the treasure until the Schmitts stumbled upon it. This golden treasure was found in just 15 feet of water.
Lost in the wreckage was as much as $600 million in gold and valuable material. It's strange to hear, but according to the Brisbane wreckage company 1715 Fleet – Queens Jewels LLC co-founder, Brent Brisben, people still find treasure and artifacts nearly every day around the wreckage site. He said,
"We find shipwreck artifacts, musket balls, pottery."
Of course, gold is likely the biggest and best treasure people find in the ship wreckage. This huge treasure find was not the Schmitts' first find either. Another time they found a silver plate valued at $30,000. However, this 64 feet of gold chain, five gold coins, and one gold ring worth $300,000 was ten times the value of their earlier find. They've been treasure hunting for years, and it seems like there will be more headlines as this family finds gold or other valuable items during future dives.
Of course, the Schmitts will not keep the entire $300,000 in gold coins. The State of Florida can keep 20 percent, and the balance will be split between the Schmitts and 1715 Fleet – Queens Jewels LLC. Even so, it is a huge find! Check out the video above to see the treasure they found!