fromThe Art Newspaper - International art news and events
2 days agoFlorida coin hoard worth $1m resurfaces debate over treasure hunting
Divers uncovered more than 1,000 late 17th- and early 18th-century Spanish coins worth $1m off the coast of Florida last summer. The area, roughly 100 miles north of Miami, is known as the Treasure Coast-named for the cargo aboard the Spanish flotilla that sank there in 1715. Its 11 ships were filled to the brim with an estimated $400m in gold, silver and jewels. Treasure hunters have been on the prowl for their sunken riches ever since.
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