Recently salvaged shipwreck gold from 1715 Plate Fleet reaches market

Nearly 300 gold coins discovered nearly 300 years after the famous 1715 Plate Fleet shipwreck are now coming to the market.

The coins are worth an estimat­ed $1 million or more, according to John Albanese, who brokered the deal between the salvors and the firms now selling the coins.

 

More than 200 of the coins were found July 30 and 31, 2015, the 300th anniversary of the hurricane that drove 11 of 12 ships to the floor of the Atlantic Ocean.

 

The treasure was found in only six feet of water just 100 feet from the beach in Vero Beach, Fla., by salvors working for 1715 Fleet-Queens Jewels LLC.

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