Wednesday, September 4, 2013

Florida family finds $300,000 in sunken treasure

 A Schmitt family photo shows gold chains and coins from a wreckage of a convoy of 11 ships that went down in a hurricane off the coast of Florida

Rick and Lisa Schmitt have been hunting sunken treasure for years with their family. Their recent haul from a historic wreck was a record setter for them.

A Florida family who spends their time together hunting for treasure struck it rich over the weekend, hauling up an estimated $300,000 worth of gold from a historic wreckage in the Atlantic Ocean.

"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.

More @ MSN

2 comments:

  1. Great ...tell the world . Has Shylock been by to demand his pound of flesh yet ? .

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    1. Under U.S. and Florida law, the treasure will be placed into the custody of the U.S. District Court in South Florida. The state of Florida will be allowed to take possession of up to 20 percent of the find for display in a state museum. The remainder will be split evenly between Brisben's company and the Schmitt family, Brisben said.

      And then taxed, I assume.

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