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Real Buried Pearl Treasure Found

Salvagers discovered thousands of pearls Friday in a small, lead box they said they found while searching for the wreckage of the 17th-century Spanish galleon Santa Margarita.


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Divers from Blue Water Ventures of Key West said they found the sealed box, measuring 3.5 inches by 5.5 inches, along with a gold bar, eight gold chains and hundreds of other artifacts earlier this week.

They were apparently buried beneath the ocean floor in approximately 18 feet of water about 40 miles west of Key West.

"There are several thousand pearls starting from an eighth of an inch to three-quarters of an inch," said Duncan Mathewson, marine archaeologist and partner in Blue Water Ventures.


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