Dive boat finds 300-year-old gold coins off US coast

Bs_logoImage
Press Trust of India New York
Last Updated : Jul 16 2013 | 1:35 PM IST
A diver struck gold, literally, when he found 48 gold coins that are nearly 300 years old, and believed to be worth a whopping USD 200,000, off the coast of Wabasso Beach in Florida.
The coins, discovered by the 'Capitana' boat crew over the weekend, are believed to be those aboard 11 Spanish ships that broke apart in 1715.
Bounds and his crew found the gold approximately 200 feet off the coastline, 'New York Daily News' reported.
"You go out every day, hoping that it's gonna happen, and a lot of times it doesn't," dive boat Captain Greg Bounds told WPTV news channel.
"But when it does, it's just amazing, the feeling that you get," he said.
"Eleven Spanish galleons, loaded with treasure, were sunk along the coastline out here by a hurricane (in 1715). That's what gives us the Treasure Coast," said Brent Brisben, whose company owns salvage rights.
"To see [Bounds] come up out of the water, and over the rail, I'll never forget, he waves us in.
"He says, 'I think I got one more', and he drops about 15 in my hand," Brisben added.
Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories Online

  • Over 30 behind the paywall stories daily, handpicked by our editors for subscribers

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 16 2013 | 1:35 PM IST