facebook
twitter
rss
account
search
search
 

Divers find gold coins worth $200,000 off Florida coast

By Kristen Butler, UPI.com   |   July 15, 2013 at 11:58 AM  |  Updated July 15, 2013 at 4:00 PM   |   Comments

July 15 (UPI) -- A stretch of beaches in Florida may be known officially as the Treasure Coast, but finding actual treasure these days is "by no means a regular occurrence," according to diver Greg Bounds.

But a crew of divers with shipwreck salvage rights, including Bounds, took the boat Capitana out Saturday off the Vero Beach coast and found 48 gold coins under the sand.

Experts believe the gold coins were lost in the water about 300 years ago, likely from a fleet of Spanish ships that sank during a July 1715 hurricane.

Each coin is worth about $4,000, bringing the grand total for the crew's haul to $200,000.

"There's many more days we pick up beer cans, fishing weights, just garbage," Bounds said.

© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Recommended UPI Stories
Featured UPI Collection
trending
Notable deaths of 2014 [PHOTOS]

Notable deaths of 2014 [PHOTOS]

Most Popular
1
Florida pageant mom fed daughter tapeworms to make her lose weight
2
South Carolina woman allegedly beats 64-year-old man for farting in her face
3
Gallery: Makeup artist uses her chin as canvas for perfect cartoon renderings
4
Nearly 400 Starbucks customers in a row pay for next car's drink at Florida drive-through
5
Over $10,000 in marijuana seized from Virginia man named Stoner
Trending News
Video
x
Feedback