Business
Blue Water Ventures International Makes Treasure Discovery on One of the 1715 Wrecks
Blue Water Ventures International Makes Treasure Discovery on One of the 1715 Wrecks.
About this update from Blue Water Ventures International, Inc.
[{"type":"text","content":"\nJACKSONVILLE, Fla., Aug. 11, 2014 (GLOBE NEWSWIRE) -- Blue Water Ventures International, Inc. (OTC:BWVI) announced today that last week one of its salvage vessels, the M/V Endeavor, working off the coast of Ft. Pierce, FL, recovered a beautiful gold coin along with a number of silver coins and other shipwreck related artifacts.\n\n\tWhile working in predominately virgin territory on one of the 1715 Fleet wrecks site known as the Douglas Beach Wreck, BWVI's Capt. John Brandon and the crew of the M/V Endeavor made the discovery while exploring a little excavated area of the site. Along with the coins were discovered broken pieces of Kang Hsi Chinese porcelain, shards of pottery, ships spikes, encrusted objects and scattered ballast stones; all significant archaeological indicators of potential future recoveries.\n\n\tThe Douglas Beach Wreck is one of the richest Spanish galleon shipwreck sites off the coast of Florida and in the past has produced thousands of gold coins and tens of thousands of silver coins as well as significant amounts of gold jewelry and a wealth of artifact materials both of intrinsic and historical value. BWVI believes its recent discoveries may point the way to future significant discoveries in unexplored areas of the Douglas Beach Wreck site.\n\n\tBWVI is exploring the Douglas Beach Wreck site under contract with Brent Brisben's 1715 Fleet -Queen's Jewels, LLC, which holds the federal and state rights to the site.\n\n\t1715 Fleet History\n\n\t\"………The five ships of the New Spain Flota were under the general command of Captain General Don Juan Esteban de Ubilla. Juan Estebán de Ubilla was himself on the capitana, which carried some thirteen hundred chests containing 3,000,000 silver coins. There were also gold coins, gold bars, silver bars, and jewelry, as well as emeralds, pearls, and precious Kangxi Chinese export porcelain which had been brought to Mexico by the Manila Galleons. The almiranta carried nearly a thousand chests of silver coins, each individual chest containing some 3,000 coins. The refuerzo carried eighty-one chests of silver coins and over fifty chests of worked silver. Another ship, a patache, carried some 44,000 pieces of eight. One frigate helped complete the flotilla. The French warship Griffon, commanded by Captain Antoine d'Aire, was forced to sail with the fl...