Antique Emerald Ring Worth $500,000 Found After Almost 400 Years

The Antique Emerald and Gold Ring was found,and is believed to be from the Nuestra Senora de Atocha that sank off the Florida Keys,in 1622.It seems that the historians estimad the ring at at $500,000.Why this price?Well the ring’s estimated value is based on the stone’s 2.7- by 2.5-centimeter size and the value of other emeralds from Atocha.Came from the Muzo mines in Colombia,the unique and stunning emerald is of 10 carat. It was found by one of a lucky diving team about 35 miles off the coast of Key West.

Antique Emerald Ring Worth $500,000 Found After Almost 400 Years (2)

A dive team aboard the Magruder salvage ship discovered the ring in about 30 feet of water close to where the Atocha sank.The find is the biggest this year and amongst the largest to be pulled from the ship. It is said  that the Atocha went down in a hurricane as it tried to return to Spain laden with jewels, gold, silver and indigo – the fruits of an Empire plundering the New World.All 265 crew died apart from three sailors and two slaves who managed to jump out before it went under. The diving team was from Mel Fisher’s Treasures which has plundered $450million worth of goods from the vessel over the last few decades.They also found other artifacts as two silver spoons,a 40-inch gold rosary and a gold bar.These were found in March and April.

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