Treasure-Hunting Family Just Struck Literal Gold — Like, $1 Mil Worth Of It

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Treasure hunting is not an occupation you hear much about, but it does exist outside of Hollywood scripts. 

Take the Schmitt family, for example. They run a family business of treasure salvaging off the coast of Fort Pierce, Fla., where 11 Spanish ships sank in 1715.


Last month, the family struck actual gold, finding a whooping $1 million worth of sunken Spanish treasure.

What they salvaged was incredible: 51 gold coins, 40 feet of ornate gold chain and one extremely rare silver dollar-sized coin that is estimated to be worth about half a million dollars itself. 

Known as the Tricentennial Royal, USA Today reported that the 1715-dated coin was made for King Phillip V of Spain.

This was an amazing find ...

The Schmitt family is subcontractors to 1715 Fleet-Queens Jewels, a historic shipwreck salvage operation. The announcement of the family's discovery coincides with the 300th anniversary of the shipwrecks. 

On July 30, 1715, 11 ships making their way to Cuba from Spain carried more than 3.5 million pesos of the Queen of Spain's jewels. A hurricane sank the ships and their crew, leaving behind a trove of lost treasure.

The Schmitts' find was massive. The family posted photos of their rare, bountiful booty on Facebook and ...

If this line of business piqued your curiosity, 1715 Fleet co-owner Brent Brisben told USA Today that there are five of the Spanish ships that remain missing "with an estimated $400 million worth of treasure still out there."

Just watching one of the family members' reaction to finding this loot makes us itch to hunt treasure of our own:


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