Gold Treasure From the 1600s Worth $450M Heads for Auction in NYC

Gold Treasure From the 1600s Worth $450M Heads for Auction in NYC

Published: July 30, 2015 | By: American Luxury Staff

Artifacts retrieved by legendary treasure hunter Mel Fisher’s Treasures from the Nuestra Señora de Atocha Spanish galleon will be on the market. Guernsey’s auction house in New York City will be offering the collection on August 5. After 16 years of searching, Fisher and his team finally found the sunken ship off the Marquesas Keys on July 20, 1985.

The find became known as the “Atocha mother lode,” because of the more than 40 tons of gold and silver found in the sunken ship. The entire find has an estimated current value of $450 million, making those painstaking 16 years of work worth the effort.

Colombian gold and emeralds, 1,000 silver bars, and 100,000 silver coins were among the buried loot. Now, Guernsey’s is set to auction off around 40 artifacts from the historic find and other items from Fisher’s other found wrecks. Some of the auction’s proceeds will benefit the Michael Abt Jr. Have a Heart Foundation to help provide schools with automated external defibrillators (AEDs).

Interested bidders can attend the NYC auction on August 5th.

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