Treasure Hunters Find Gold Bullion

A mother and daughter treasure hunting team were celebrating this week after find a rare gold relic on a beach in Florida. It is thought to date back to 1715 and to be Spanish in origin.

Bonnie Schubert and her mother Jo were using metal detectors to look for buried treasure when then found a gold pelican buried under the sand on Fort Pierce beach in Florida. The 22 carat golden pelican is thought to be part of a trove of treasure destined for King Philip V when the Spanish ship sank in a hurricane in 1715. Taking into account the current price of gold bullion the relic has been valued at $885,000.

In recent years the Florida coast has played host to many hidden treasures due to the amount of ships that sank in its treacherous waters. Earlier this year a haul of gold coins and jewellery was discovered off the shore of Indian River county in Florida to the value of £100,000. As the price of gold rockets more people are buying gold for investment purposes. This has prompted more individuals to take up treasure hunting in the hope of finding gold treasure.

Link to this article: : http://www.goldmadesimplenews.com/gold/treasure-hunters-find-gold-bullion-78/

Posted by on Oct 29 2010. Filed under Gold News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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