The Big Picture

Treasure hunters strike gold

A haul of more than 350 gold coins from an 18th-century sunken Spanish treasure was found last month by treasure hunters off the coast of Florida in the United States.

The trove of US$4.5 million (S$6.3 million) worth of Spanish gold coins was discovered 300 years to the day after a fleet of 11 Spanish galleons sank in a hurricane. The large ships had been sailing from Havana in Cuba to Spain.

Among the coins found were nine rare pieces, known as royal eight escudos, which were being transported to the King of Spain, said Mr Brent Brisben.

His salvage company, 1715 Fleet - Queens Jewels, owns the rights to the wreckage.

A version of this article appeared in the print edition of The Straits Times on August 24, 2015, with the headline 'Treasure hunters strike gold'. Print Edition | Subscribe