When Eric Schmitt's metal detector got a hit about 15 feet below the ocean's surface, he didn't think much of it.
Most of the time, the metal detectors uncover beer cans and lead fishing weights. But this time was different. This time, the treasure-hunter from Sanford struck gold, and a lot of it.
Schmitt and his family found 52 gold coins worth more than $1 million. The star of the haul was an extremely rare coin known as a "Tricentennial Royal" minted in 1715. It had been underwater since a fleet of Spanish ships foundered during a hurricane along Florida's Treasure Coast 300 years ago, Schmitt said.