Treasure Coast divers find gold coins in sand worth $4,000 each

TREASURE COAST, Fla. — In Florida's Treasure Coast, a team of divers found more than they bargained for when they went for a swim.

The team was in their boat near the Disney Vero Beach resort on Saturday when one of the men jumped in and found 48 gold coins under the sand.

Experts believe the coins were lost in the water for more than 300 years and most likely came from a sunken Spanish ship.

"It's by no means a regular occurrence. There's many more days we pick up beer cans and lead fishing sinkers than gold coins," said diver Greg Bounds.

Each coin is worth about $4,000, making the grand total for the crew's loot $200,000.

WFTV