July 2015 -
GPS technology helped a Florida family find gold. No doubt they were able to set up a very thorough search grid to carefully comb the waters with a history of sunken Spanish galleons. They were searching off of Fort Pierce, Florida.
The family grabbed up 60 gold artifacts worth half a million dollars. One of their most precious objects was a Tricentennial royal coin from 1715 - the same year the ship was wrecked.
The workers usually spend their time at about 1000 feet off shore. Prop washers are used to blow debris away from the ocean floor. At a depth of 10 to 15 feet, the prop moves about 5 to 10 feet of sand and silt. How does the prop washer work? Metal tubes are put over the blades of the propellers which directs the force of the wash down instead of out. Pretty cool idea!
https://www.cbsnews.com/news/300-year-old-treasure-gold-found-schmitt-family-off-coast-florida/
September 2013 -
In another discovery, the same family uncovered $300,000 worth of gold chains and coins. The discovery came 150 yards off shore and at a depth of 15 feet. They claim to have liberated 64 feet of jewelry grade chain weighing in at 3 pounds! In addition, they found 5 gold coins and one gold ring.
Queen Jewels, LLC owns the rights for diving at the wreckage site. The Schmidt family subcontracts to to excavate the area sea bottom.
The ship originally encountered a hurricane July 30, 1715 and sank. 11 ships and about 1000 people died in those hurricanes in the same locale. Millions of dollars worth of gold and silver treasure were strewn across the ocean floor.
The man who owns the rights to search for sunken treasure also found 51 gold coins totaling a quarter of a million dollars in value.
Each link features video.
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