Florida family finds $300,000 worth of sunken treasure

"What's really neat about them is they are a family, they spend family time together out there and the most amazing part about them is they always believed this day would come," said Brent Brisben, whose company 1715 Fleet - Queens Jewels LLC owns the rights to the wreckage.

Brisben said Rick and Lisa Schmitt, and their grown children Hillary and Eric, found gold chains and coins from the wreckage of a convoy of 11 ships that went down in a hurricane off the coast of Florida in 1715 en route from Havana to Spain.

The ships' manifests indicate that about $400 million worth of treasure was on board, of which $175 million has been recovered, Brisben said.

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