Tag Archives: gold worth

TREASURE-HUNTING FAMILY FINDS SUNKEN HOARD


Treasure-Hunting Family Finds Sunken Hoard

Family time for one Florida family means scouring the seas for sunken treasure, and this weekend, the Schmitts struck pay dirt, hauling up a hoard of gold worth an estimated $300,000 from the floor of the Atlantic Ocean. The treasure belonged to a convoy of 11 ships sunk in a hurricane off the coast of Florida in 1715. The state of Florida will be allowed to take possession of up to 20 percent of the haul for display in a state museum, and the remainder will be split between the family and the company that owns the rights to the wreck site. More… Discuss

 

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