The treasure is 600,000 silver and gold coins . The coins went down with a Spanish warship sunk in battle with British ships in 1778 . A Florida - based deep - sea salvage company recovered the coins in 2007 . They filed suit in U.S. federal court to recover the treasure .
The treasure is 600,000 silver and gold coins . The coins went down with a Spanish warship sunk in battle with British ships in 1804 . A Florida-based deep-sea salvage company recovered the coins in 2007 . Spain filed suit in U.S. federal court to claim the treasure .