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October 02.2025
2 Minutes Read

Remarkable Treasure Found in Florida: Over $1 Million in Shipwreck Coins

Diver with treasure found in Florida shipwreck smiling on boat.

Unearthing a Priceless Connection to History

A remarkable discovery off the coast of Florida has captivated treasure enthusiasts and historians alike. Captain Levin Shavers and the crew of M/V Just Right, affiliated with Queen Jewels, LLC, have recovered a staggering cache of more than 1,000 silver coins and five gold coins from shipwrecks dating back to the 1700s. This treasure, estimated to be worth over $1 million, is linked to the infamous 1715 Treasure Fleet that sank in a devastating hurricane.

Treasure Coast: A Historic Goldmine

Florida's Treasure Coast, encompassing Indian River, St. Lucie, and Martin counties, is famed for such remarkable finds. Historians suggest that the sinking fleet, comprising about twelve ships transporting riches from the New World to Spain, lost as much as $400 million in gold, silver, and jewels. With each dive season, divers uncover pieces of this maritime mystery, connecting the past to the present.

The Story Within the Coins

Sal Guttuso, the Director of Operations for Queen Jewels, emphasizes the profound narrative behind the coins: "Each coin is a piece of history, a tangible link to the people who lived and sailed during the Golden Age of the Spanish Empire." The recovered silver coins, known as pieces of eight, reveal their origins through mint marks and visible dates, enhancing their value to collectors and historians alike.

Conservation and the Future of the Find

The next step for these historical artifacts is careful conservation. Tales of how they may have been part of a singular shipment that broke apart during the storm enriches the history these coins embody. Some of the coins are slated to be displayed in local museums, allowing the public to appreciate these monumental treasures, and continuing to weave the intricate tapestry of Florida's maritime history.

The Broader Treasure Hunting Community

This discovery not only shines a spotlight on the 1715 fleet but also highlights the vibrant community of treasure hunters who operate under state guidelines. Every discovery unravels more of the human story connected to the Mystic and the gold-laden treasures of yesteryear. As Guttuso stated, "Every find helps piece together the human story of the 1715 fleet." This narrative connectivity is important for preserving historical knowledge and exploring our cultural heritage.

Why This Matters to You

For residents of the Suncoast, this event isn't just about treasure; it's about local pride and identity. As these artifacts are preserved and showcased, they will remind us of the rich history that underpins this coastal region. Engaging with local history—be it through visiting museums, participating in local tours, or simply exploring the narrative of our coastal waters—strengthens community bonds and fuels a deeper appreciation for the past.

In summary, the treasure found off the Treasure Coast serves as a bridge connecting us to the remarkable adventures and human stories of those before us. As we watch the coins undergo conservation and prepare for their public debut, we are reminded of the great treasures, not just in wealth, but in our shared history.

Sun Coast Destinations & Activities

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