Delving into the Deep: 13 Astonishing (& Valuable) Undersea Treasures That Will Amaze You.

3. The Margarita

Current Estimated Value: Over $16 million

Year Disappeared: 1622

Year Discovered: Unknown

The Margarita, a Spanish galleon, vanished during a tumultuous journey in 1622 while navigating the waters near Key West. At that time, ships were far less equipped to handle the fierce hurricanes that could arise unexpectedly. Unfortunately for Spain, the Santa Margarita was not only carrying passengers but also a staggering amount of treasure, including over 166,000 pieces of eight. This immense fortune, which would be worth more than $16 million today, was lost to the depths of the sea, turning the ship's fate into a tale of both tragedy and intrigue.

The story of the Margarita serves as a poignant reminder of the perils faced by seafarers in the past and the treasures that lie beneath the ocean's surface. The loss of the Santa Margarita highlights the risks associated with maritime travel during the 17th century, particularly when navigating treacherous weather conditions. As underwater exploration continues to unveil the remnants of such historic vessels, we gain not only insight into the wealth of the era but also a deeper understanding of the challenges faced by those who ventured into the unknown. The Margarita’s tale is one of adventure, loss, and the enduring allure of sunken treasures waiting to be rediscovered.

 

The wreck of the Margarita was discovered by Spanish explorers a few years after its sinking, in 1626. These early expeditions successfully retrieved some of the treasures that had been lost to the depths of the ocean. Remarkably, even in more recent times, ongoing expeditions continue to unearth stray gold nuggets and various artifacts from the ship, revealing that the allure of this sunken treasure remains strong. Each new discovery adds to the historical narrative surrounding the Margarita, providing valuable insights into the ship's journey and the wealth it once carried.

The ongoing recovery of treasures from the Margarita underscores the enduring fascination with shipwrecks and the historical significance they hold. Each artifact recovered not only represents a tangible piece of history but also serves as a reminder of the maritime challenges faced by those who sailed in the 17th century. As modern technology enables deeper exploration of the ocean's floor, the story of the Margarita continues to unfold, enriching our understanding of the past and the treasures that lie hidden beneath the waves. The legacy of the Margarita is a testament to the relentless pursuit of knowledge and adventure, as explorers seek to uncover the mysteries of the deep.