Florida Family Hits $1 Million Spanish Gold Jackpot

Florida Family Hits $1 Million Spanish Gold Jackpot
Pot of gold Jeremy Schultz / Flickr CC BY 2.0
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The Schmitt family and the 1715 fleet Queens Jewels LLC now own over one million dollars worth of Spanish gold after discovering the treasure off the Cuban waters. The discovery is one of the most amazing recoveries in the history of the 1715 Fleet.


300-year-old Spanish treasure discovered by Schmitt family

The picture speaks for itself! One of the most amazing recoveries in 1715 Fleet History. Congratulations to the entire…

Posted by 1715 Fleet – Queens Jewels, LLC on Monday, July 27, 2015

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Speaking with 10 News, Brent Brisben of 1715 Fleet said the family found the treasure in June but decided that the best time to make the announcement would be in July. The history of the treasure dates back to July of 1715. A fleet of 11 Spanish ships departed from Havana, Cuba. A hurricane struck on July 31 and all the ships sank. These coins are said to be one of the controversial dowry asked by the Duchess of Parma, Elizabeth Farnese, when Philip V asked for her hand in marriage.

After 300 years, these gold coins are finally discovered. The Schmitts were able to salvage 51 gold coins, 40 feet of ornate gold chain, including one called a Royal coin made for the king of Spain, Philip V. The salvage also include the Tricentennial Royal, which according to Brisben is worth “probably around half a million dollars itself.”

The 1715 Fleet, Queens Jewels LLC

The 1715 Fleet, Queens Jewels LLC was founded in 2010 by William Brisben and Brent Brisben. Since the company’s inception, the group of Historic Shipwreck Salvors had been passionate on the exploration and recovery of the famous 1715 Plate Fleet.

“We currently operate the largest permitted salvage operation in Florida waters. Our goal is to bring the amazing story of the 1715 fleet to the public. We hope the recovery of these incredibly rare artifacts will help educate people about Spanish colonization of the new world and life on the high seas in 1715,” the company said on its website.

The search for the Philip V treasure is the inspiration behind the movies “The Deep” and “Fools Gold.”

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