FWC recovers 37 stolen gold coins from 1715 fleet shipwrecks The Florida Fish and Wildlife Conservation Commission (FWC) has announced the success
The Florida Fish and Wildlife Conservation Commission (FWC) has announced the successful recovery of 37 stolen gold coins from the 1715 Fleet shipwrecks, valued at over $1 million. This major breakthrough concludes a years-long investigation into the theft and illegal trafficking of historical treasures.
In 2015, the Schmitt family, contracted salvage operators for 1715 Fleet – Queens Jewels, LLC, uncovered 101 gold coins from the Treasure Coast shipwrecks. While 51 coins were properly reported and adjudicated, 50 coins were withheld and subsequently stolen.
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The FWC launched an in-depth investigation in collaboration with the FBI after new evidence surfaced on June 10, 2024, implicating Eric Schmitt, a member of the Schmitt family. Investigators found Schmitt had been illegally selling several of the stolen coins between 2023 and 2024.
Following a series of search warrants, investigators reclaimed gold coins from private residences, safe deposit boxes, and auctions. Among the recovered items, five coins were retrieved from a Florida-based auctioneer who unknowingly acquired them from Schmitt.
Advanced digital forensics played a pivotal role, linking Eric Schmitt to a photograph of the stolen coins taken at the Schmitt family’s Fort Pierce condominium. Investigators also discovered that in 2016, Schmitt had placed three stolen gold coins on the ocean floor for discovery by new investors in 1715 Fleet – Queens Jewels, LLC.
FWC worked closely with historical preservation experts, including Mel Fisher-Abt, to authenticate and appraise the artifacts. The investigation also involved partnerships with Florida’s 19th and 9th Judicial Circuits, resulting in charges against Schmitt for dealing in stolen property.
“This case underscores the importance of safeguarding Florida’s rich cultural heritage and holding accountable those who seek to profit from its exploitation,” said FWC Investigator Camille Soverel.
FWC continues efforts to recover the remaining 13 stolen coins and pursue justice against all involved in their illegal sale.
The FWC urges the public to report any information about cultural resource violations. Tips can be submitted through the FWC Wildlife Alert app, by texting 847411 (Tip411) with the keyword “FWC,” calling the Wildlife Alert Hotline at 888-404-FWCC (888-404-3922), or visiting MyFWC.com/WildlifeAlert.
The 1715 Fleet is a collection of Spanish treasure ships that sank off Florida’s coast during a hurricane in 1715. These artifacts are protected by state and federal law, providing a crucial link to Florida’s rich maritime history.
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