A Florida family finds a million dollar treasure

A family of treasure hunters from the US state of Florida raised treasure worth more than a million dollars from the bottom of the Atlantic.

The discovery was made back in June, but the announcement was timed to coincide with the 300th anniversary of the sinking of the Spanish flotilla, said Brent Brisbane, a spokesman for 1715 Fleet - Queens Jewels LLC, which owns the rights to the wreckage of the flotilla. In 1715, eleven Spanish galleons en route from Havana to Spain sank off the coast of Florida due to a powerful hurricane.

Documents show that the cargo on these ships is estimated at four hundred million dollars, of which valuables worth 175 million dollars have already been found.

A Brisbane company acquired the rights to the site where the flotilla sank in 2010 and is allowing those interested to search for treasure under a subcontract agreement. The Schmitt family has taken advantage of this - Rick, Lisa, their two children and daughter-in-law, who are hunting for treasure from their own salvage vessel, Aarrr Booty. Eric Schmitt discovered the treasure at a depth of 4,5 meters off the coast of Fort Pierce, about 210 km from Miami.

Raised treasures include the 51 gold coin and the 12-meter gold chain. Among the coins there is an excellent sample of real, minted in the 1715 year for the Spanish king Philip V. There are only a few such coins in the world.

By law, 20% treasure will become the property of the state of Florida, some of the samples will be exhibited in the museum. The balance will be divided between the Brisbane company and the Schmitt family.

Meanwhile, this is already the third similar discovery for treasure hunters: luck has already smiled on them twice - in 2014 and 2013.