While searching the internet for clues about the Santa Margarita and opening the first entry, Leonard Ethan was shocked, because the information marked in this entry proved the existence of a huge treasure.
According to the information on the internet, the Santa Margarita was one of five treasure ships that sank in the Florida Strait in August 1622, so naturally, it carried a large amount of gold, silver, and jewels onboard.
The five sunken ships came from a Spanish treasure fleet consisting of 29 sail ships. The Spanish treasure fleet was organized by the Spanish Empire from the 16th to 18th centuries to regularly travel between Spain and its overseas colonies, carrying European goods to the American Colonies and returning colonial products (especially gold and silver) back to their mother countries.