The Discovery of the Santa Margarita’s Golden Treasure
In 1622, a devastating hurricane off Key West sank the Santa Margarita, brimming with wealth, including 562 pounds of gold and over 166,574 silver coins. This ship, laden with twenty-five cannons, now rests forty miles off Key West.
Centuries later, the Blue Water Ventures team unearthed significant treasures from the deep, among them an ornate golden chalice with detailed etchings, valued at $1 million. This discovery highlights years of maritime history and the quest for sunken riches.