Emerald Recovered From 17th Century Spanish Galleon “Nuestra Señora de Atocha”

Emerald Ring from Our Lady of Atocha
The emerald ring from the shipwreck “Our Lady of Atocha”

Emerald Recovered From 17th Century Spanish Galleon “Nuestra Señora de Atocha”
The golden ring that was at the bottom of the ocean in a shipwreck south of Florida has a value of over $500,000
El País: Recuperada la esmeralda del galeón ‘Nuestra Señora de Atocha’
EFE reporting from Miami June 24, 2011

A golden ring with an emerald setting valued at $500,000/€353,022, a part of the treasure of the 17th century Spanish galleon Nuestra Señora de Atocha (“Our Lady of Atocha”), was found in the cays in the extreme south of Florida, the Mel Fisher Maritime Museum announced on its website. The valuable jewel was found on Thursday 9 meters deep in Cayo Hueso (“Bone Cay”) with submarine exploration equipment belonging to the museum, which is continuing to search the Spanish galleon carrying gold and silver which shipwrecked off the coast in 1622.

The ring, which has initials etched on it, comes from the Atocha, which sank near Cayo Hueso due to a hurricane while attempting to return to Spain. The greater part of the treasure, a hundred thousand Spanish silver coins and valued at $450 million, was discovered in 1985 by the cazatesoros (“Treasure Hunter”) Mel Fisher, who died in 1998 at 76 years of age.

Fisher’s descendants, who possess the rights to the shipwreck, have continued combing the Atocha for relics. “The treasure found in the Atocha, more than 40 tons of silver and gold,” is composed of eightpence coins, emeralds, golden chains, precious objects, and silver ingots, according to the website The Treasures of Mel Fisher.

Some 400 silver ingots and more than 100,000 coins could still be on the ocean floor. Some genuine golden and silver coins from the shipwreck, bearing the stamp of the King of Spain, are sold in the store the Fishers run beside the museum.

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