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Treasure Theft and Recovery: Legal and Historical Lessons from the 1715 Fleet Shipwrecks

GoldCoins

The recent recovery of 37 stolen gold coins from the 1715 Fleet shipwrecks off Florida’s Treasure Coast highlights a fascinating and complex intersection of history, law, and cultural preservation. The Florida Fish and Wildlife Conservation Commission (FWC), in collaboration with the FBI, successfully reclaimed these priceless artifacts, valued at over $1 million, after an extensive investigation into their theft and illegal sale.

This case underscores the importance of safeguarding Florida’s rich maritime history and serves as a reminder of the legal and ethical responsibilities involved in recovering artifacts from historic shipwrecks.

The History of the 1715 Fleet Shipwrecks

The 1715 Fleet consisted of 11 Spanish treasure ships that sank off the coast of Florida during a hurricane. Carrying gold, silver, and other treasures from the New World to Spain, these shipwrecks represent a critical piece of maritime history. Their discovery and recovery offer invaluable insights into 18th-century trade, navigation, and craftsmanship.

Artifacts from these wrecks are protected by state and federal laws to preserve their historical significance. Salvage operations are strictly regulated, and any recovered items must be disclosed and properly adjudicated to ensure their rightful return to custodians, such as state entities or contracted salvage companies.

Theft and Recovery of Stolen Artifacts

In 2015, the Schmitt family, contracted salvage operators for 1715 Fleet – Queens Jewels, LLC, uncovered a cache of 101 gold coins during an authorized expedition. While 51 coins were reported and legally processed, the remaining 50 coins were withheld, leading to their theft.

An investigation into the missing coins began when new evidence surfaced in June 2024, implicating Eric Schmitt, a member of the Schmitt family. Over the next several months, investigators executed search warrants and recovered 37 of the stolen coins from various locations, including private residences, safe deposit boxes, and auctions. Notably, some coins were even found to have been placed back on the ocean floor by Schmitt in an elaborate scheme to impress investors.

The case has resulted in charges of dealing in stolen property against Eric Schmitt, with the remaining 13 stolen coins still unaccounted for. The investigation highlights the dedication of law enforcement and historical preservation experts to protect Florida’s cultural heritage.

Legal Implications for Salvage Operators and Artifact Recovery

The theft and illegal sale of artifacts from the 1715 Fleet raises important legal questions about salvage operations and the responsibilities of those involved. Florida law, along with federal statutes, provides a framework to ensure that historical artifacts are preserved and returned to their rightful custodians. Key legal considerations include:

  1. Disclosure Requirements: Salvage operators must report all recovered artifacts to the proper authorities. Failure to do so, as seen in this case, constitutes a violation of state and federal laws.
  2. Ownership Rights: Artifacts recovered from shipwrecks like the 1715 Fleet are typically owned by the state or other designated entities. Unauthorized possession or sale of these items is illegal and subject to prosecution.
  3. Ethical Salvaging Practices: Salvage operations require not only adherence to legal standards but also a commitment to preserving the historical and cultural integrity of recovered artifacts. Any deviation from these principles can result in significant legal and reputational consequences.
  4. Role of Forensic Evidence: Advanced forensic techniques played a crucial role in this case, with digital metadata and geolocation data linking the stolen coins to Eric Schmitt. This demonstrates the increasing importance of technology in investigating and prosecuting artifact theft.

Lessons for Boaters, Salvage Operators, and Treasure Hunters

Understanding the legal responsibilities and historical significance of recovered artifacts is essential to avoiding similar legal pitfalls. Key takeaways include:

  • Adherence to Reporting Requirements: Always report discoveries of historical artifacts to the appropriate authorities to ensure compliance with state and federal laws.
  • Avoid Unauthorized Transactions: Selling or transferring artifacts without proper adjudication can lead to severe legal consequences, including charges of dealing in stolen property.
  • Respect Historical Significance: Artifacts from shipwrecks are not just valuable treasures—they are pieces of history that deserve preservation for future generations.
  • Verify Authenticity and Ownership: Auction houses and buyers should verify the provenance of historical artifacts before completing any transactions to avoid unknowingly participating in illegal activities.

Protecting Florida’s Rich Maritime History

The recovery of the stolen coins from the 1715 Fleet shipwrecks highlights the tireless efforts of the FWC, FBI, and other collaborators to protect Florida’s cultural heritage. This case is a testament to the importance of safeguarding historical artifacts from exploitation and underscores the need for continued vigilance in the maritime and legal communities.

As Investigator Camille Soverel of the FWC aptly stated, “This case underscores the importance of safeguarding Florida’s rich cultural heritage and holding accountable those who seek to profit from its exploitation.” The investigation remains ongoing, with efforts to recover the remaining coins and bring all involved parties to justice.

Contact Frank D. Butler, PA

If you are involved in a boating accident, marine salvage operation, or treasure recovery and have questions about your legal responsibilities, contact Frank D. Butler, PA. Our firm specializes in maritime law and can provide expert guidance on navigating the complex legal landscape surrounding shipwreck discoveries and artifact recovery. Reach out to us today for a consultation. Protect your rights while respecting and preserving Florida’s rich cultural heritage.

Source:

cbsnews.com/miami/news/gold-coins-worth-1-million-dollars-stolen-1715-treasure-fleet-florida-recovered-suspect-charged/

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