Treasure hunters in Florida have found 350 gold coins worth $4.5 million.
The coins are from a fleet of Spanish ships that sank in the 18th century, BBC reports. Brent Brisben, who owns the rights to the shipwreck, told USA Today that the coins were discovered in shallow water, about 3 feet deep just 10 feet away from the shore.
Nine of the coins are known as Royals, they were made special for King Phillip V of Spain, and they’re valued at $300,000 apiece.
According to state law, Florida will keep 20% of the value.
Read next: Gold is Crashing! No, Wait, it’s Booming! So What’s Really Going on With Gold?
Listen to the most important stories of the day
More Must-Read Stories From TIME
- How an Online Pharmacy Sold Millions Worth Of Dubious COVID-19 Drugs — While Patients Paid the Price
- Why Literally Millions of Americans Are Quitting Their Jobs
- Meet the Women Participating in the Study That Could Change Future of Breast Cancer
- Inside the Battle for the Hearts and Minds of Tomorrow's Business Leaders
- An Innovative Washington Law Aims to Get Foreign-Trained Doctors Back in Hospitals
- Why the Ex-Husband of a Missing Chinese Billionaire Is Risking All to Tell Their Story
- Timothée Chalamet Wants You to Wear Your Heart on Your Sleeve
