New Delhi, Oct. 4 -- Divers have recovered a remarkable trove of more than 1,000 Spanish silver and gold coins from a shipwreck off the Atlantic coast of Florida. The treasure, which researchers believe dates back over 300 years, has been estimated to be worth as much as $1 million, reported USA Today.

The report added that the treasure was recovered by 1715 Fleet-Queens Jewels LLC, a company that has exclusive salvage rights to the 1715 Treasure Fleet shipwrecks. The coins, over 1000 silver reales and five escudos, were discovered by Captain Levin Shavers and his crew aboard the vessel 'Just Right' while exploring the seabed near Sebastian Inlet.

Sal Guttuso, the company's operations director, told the publication, "This discovery is n...