Treasure hunter finds rare coin worth $98,000 while diving.

Zach Moore (pictured), an engineer at Mel Fisher's Treasures, discovered the gold coin. It is the 121st coin found in 2001Photo byTCPalm

A rare gold coin from the ill-fated Nuestra Senora de Atocha, the "world's most valuable shipwreck," has been discovered off the Florida Keys, as stated by Daily Mail. (See picture at bottom of article.)

On July 16, Zach Moore, an engineer with Mel Fisher's Treasures, discovered the gold coin in 30 feet of water. It was the 121st coin discovered from the wreck and the first since 2001.

Picture of Zach Moore along with the rare coin her found.Photo byThe Epoch Times

TC Palm states in 2021 that, "Today's value is estimated to be at least $98,000, possibly more if it's from a rare mint," Mel Fisher's Treasures wrote on their blog.

"This new gold coin discovery comes just a few days before the 36th anniversary of the 1985 Atocha Motherload discovery," said the salvage company in a post.

Stated in the Interesting Engineering article, the Nuestra de Atocha was carrying a large amount of gold, silver, gems, and other valuables when she was wrecked in 1622. Her cargo was estimated to be worth $400 million.

Mel Fisher (left) and his team with their discovery.Photo byInteresting Engineering

Mel Fisher and some of his finds.Photo bySpace Coast Daily

Moore is a member of Mel Fisher's salvage vessel, the J.B. Magrude, which has been working on the shipwreck site for some time.

Bill, Zach's father, was part of the team that discovered the Nuestra de Atocha in 1985.

The Nuestra de Atocha was carrying a large amount of gold, silver, gems, and other valuables when she was wrecked in 1622. Her cargo was estimated to be worth $400 million.

According to the Guinness Book of World Records, the Nuestra Senora de Atocha was declared the world's most valuable shipwreck in 2014.

When it was wrecked by a hurricane in September 1622, it was carrying 40 tons of gold and silver, as well as 70 pounds of emeralds. (The Epoch Times, go a little more in depth.)

Only five of her 265 crew members survived the wreck, including three sailors and two slaves who managed to escape before the ship went down.

Spanish salvage crews attempted to locate the wreck, but another hurricane passed through, scattering its treasures over a larger area—until Mr. Fisher arrived in 1985.

Divers from Mel Fisher's Treasures recovered a $500,000 gold ring with an emerald stone from the wreck in 2011.

In 2015, 40 of the items recovered from the wreckage were auctioned off, including a money chain, gold bars, and an emerald-encrusted cross.

The map where they found the treasure.Photo byDaily Mail