Graves are yellowed in the sea floor

An American treasure hunter family has discovered a $ 300,000 gold in sunken wrecks off the coast of Florida.

>>>Video: Scallop is gold store in the sea floor

According to the Telegraph, husband and wife Rick and Lisa Schmitt, along with their children Hillary and Eric, found 300-year-old gold chains and five gold coins in the ruins of a Spanish fleet.

The ships were sunk in a storm off Florida in July 1715, while traveling from Havana, Cuba to Spain. A jeweler named 1715 Fleet - Queens Jewels LLC acquired shipwrecks in 2010 and allowed others, including Schmitt, to find treasure.

Picture 1 of Graves are yellowed in the sea floor
Hillary Schmitt and his family discovered gold worth $ 300,000 at the bottom of the sea.(Photo: gadailynews)

The Schmitt family, living in Sanford, Florida, has pursued a passion for treasure hunting for many years. They run a company that treats booty named Booty Salvage . The amount of gold found has the greatest value among the things they have found.

Eric Schmitt found a silver disk worth about $ 25,000 in 2002, when he was only in his second year of high school.

According to US and Florida state law, the amount of gold will be placed under the supervision of courts in South Florida. Florida is allowed to hold 20% of the gold for display in the museum. The rest will be divided equally for the Schmitt family and 1715 Fleet - Queens Jewels LLC.