by | Oct 12, 2023 | History, Numismatics

In the early 18th century, the Caribbean was a treasure trove of riches, but it also held the promise of peril for the Spanish treasure fleets that braved its unpredictable waters. One such fleet, the 1715 Plate Fleet, faced a catastrophic fate, its ships laden with unimaginable wealth. Today, the story of the 1715 Fleet and the treasure coins it carried continues to captivate treasure hunters, divers, and history enthusiasts alike.

A Fateful Voyage

In July 1715, the Spanish Plate Fleet set sail from Havana, Cuba, on a journey that would take it along the treacherous route known as the “Spanish Main.” The fleet consisted of twelve ships, carrying an estimated $400 million worth of gold, silver, and precious gems, all destined for Spain’s royal coffers. However, nature had other plans.

Wrecked and Scattered

A hurricane of unparalleled ferocity struck the fleet off the Florida coast, causing its ships to flounder and scatter. The majority of the fleet was lost, and over a thousand lives perished in the tempest. The treasure was hidden beneath the waves, waiting to be discovered centuries later.

Modern-Day Treasure Hunting

In the mid-20th century, treasure hunters began to search for the lost riches of the 1715 Fleet. Using advanced diving equipment and historical records, they successfully located several shipwrecks, unearthing a trove of centuries-old coins and artifacts. These coins, known as “1715 Fleet Cobs,” are now highly sought-after collector’s items.

The Allure of the Cobs

The 1715 Fleet Cobs are unique and fascinating. These handcrafted coins bear the distinct mark of their era, showcasing irregular shapes and crude designs, reflecting the technology and minting methods of the time. Some feature the iconic pillars and waves motif, symbolizing the joining of the Old and New Worlds, making them a piece of living history.

A Chance to Own a Piece of the Past

For collectors and history buffs, owning a 1715 Fleet Cob is a way to hold a tangible connection to a bygone era. These coins tell a story of adventure, tragedy, and the enduring allure of hidden treasures waiting to be discovered. Their irregular shapes and weathered appearance give them an undeniable charm and authenticity.

The tale of the 1715 Fleet and its treasure coins is a reminder that history’s most captivating stories often lie beneath the surface, waiting to be rediscovered and cherished. For those with a passion for the past and a sense of adventure, these coins are a bridge to an age of exploration, adventure, and the timeless allure of lost treasures.

Jonathan Lerner Revised

Jon Lerner

Jon Lerner, Scarsdale Coin president, is a recognized expert in the numismatist field. Jon has spent over 30 years collecting and evaluating coins. He is often sought out by fellow coin collectors for his advice and knowledge of rare coins.


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Scarsdale Coin

Jon Lerner, a renowned figure in numismatics, discovered his passion for rare coins in his Scarsdale, New York upbringing. With a keen eye for quality, he founded Scarsdale Coin in 1985, quickly establishing it as a premier destination for collectors. Beyond dealing, Jon is a respected speaker and prolific writer, sharing his expertise with enthusiasts worldwide. His commitment to integrity and professionalism has earned him admiration throughout the numismatic community. Jon remains dedicated to enriching collectors' experiences and preserving the legacy of rare coins for future generations.