Family finds $300,000 in Gold Coins Off the Coast of Pierce, Fla.

Schmidt family discovers treasure believed to be from a fleet of ships dating back to 1715.
1:40 | 09/03/13

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Transcript for Family finds $300,000 in Gold Coins Off the Coast of Pierce, Fla.
Ask if xeljanz is right for you. Finally tonight that family in florida that unearthed a lifetime pot of gold. With the story, abc's matt gutman. Reporter: They are modern day swashbucklers who now have the golden chains and pieces of eight to prove it. The schmitts, dad rick, mom -- I'm his pirate wench lisa. Reporter: And their kids, eric and hillary. For years rick owned a pest control business but then retired and started a family business called booty salvage. Their boat? You guessed it, "arrrr booty." For a decade they've combed florida's coastline, they knew it was littered with shipwrecks. But this weekend, diving in a spot they've traveled many times before, they stuck gold. 300,000 worth of hold in the wreck of a 300 year old spanish galleon just 1,000 feet off the beach. To be able to find that and have a pocketful of 1715 spanish treasure that hasn't been in the hands of a person in almost 300 years, it's a feeling of excitement, joy. Reporter: Hilary's brother hauled the loot back to the boat. His pocket was hanging about down to the ground and when he pulled it out it was a handful of gold. He just kept saying there is gold, there is gold everywhere. Reporter: Their message, treasure is out there. Forget finding rings or coins. The real treasure is right out there, experts estimate up to $60 billion worth of treasure. Tonight the schmidt's already back at sea searching. And we thank you so much for

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