Many may be aware that there is an entire wrecked Spanish treasure fleet just off the stunning Vero Beach in Florida. The site immediately attracted pirates and other salvage attempts. Since the 1960s salvage attempts have been ongoing and to this day the long-stricken fleet continues to give up its treasures with treasure hunters making their fortune.
Sometimes the value of a sunken treasure galleon can be worth billions - like the San Jose treasure ship, the "holy grail" of shipwrecks today. In fact, diving for treasure ships has become a big business with companies dedicated to discovering and salvaging long-lost treasures.
The Historical Background Of the Doomed Treasure Fleet
By the early 1700s, Spain's heyday as the superpower of the world was long over with other countries like Britain and France in the ascendancy and challenging it at every turn. These treasure fleets served to fund Spain's declining place in European and world affairs.
