(Fortune Small Business) - The air is filled with a warm and salty taste. The greenish blue wave shakes a boat named "Dare". The sun shines on the waves at ten o'clock in the morning.
At 30 feet below the deck of the 83-foot salvage vessel, six divers are washing the wreckage of a 400-year-old Spanish galleon that carries jade, pearls, silver and gold. I leaned over and saw a diver float up from deeper, holding his arm high and holding a sharp black rock in his hand. He spit out the regulator in his mouth and shouted: "Yeah!" The divers on the boat burst into cheers. They immediately recognized that he had taken a pile of oxidized silver coins, about 50, and it was estimated that the value would reach 500,000 U.S. dollars.
On the boat, the divers passed to each other and looked at the "stone." One of them lifted the black cub to his nose and sniffed it. He said to me: "Smell, like silver." This smell reminded me of my grandmother's kitchen and her knife and fork.
These divers have stayed on the boat for more than a week and searched for water four or five times a day, but there is basically no gain before today. "With this, the whole action was worth it," said 28-year-old diver Josh Fisher-Abt. His grandfather founded Mel Fisher's Treasures, the small business that organized the treasure hunt.
This family-owned company conducts treasure detection and recycling throughout the warm tropical waters around Key West throughout the year. In the past two decades, the company has earned $14 million from the treasures it has found for a year, but in the past ten years, there have been no profits for seven years. To ensure cash flow, the company raises 2.8 million U.S. dollars each year to individual investors and now has about 200 investors. Among them are divers, small owners, and historical fans. The purchase of equity ranges from $10,000 to $80,000. This partly holds the company's hunting business and receives silver coins, gold chains, pearls, and other loot in return.
"This is all history," said Dave Pfent, 42. He is a skinny dentist with dark skin and has his own clinic in Fort Myers, Florida. In the past two years, he has been purchasing the company’s $10,000 equity and has also dive several times to the various wreckage vessels the company is digging. However, he also admitted that there are other incentives for this: He and his wife, Elizabeth, once found emerald (although not worth much), which made them very excited.
"Now, I think that investment is better than that kind of castle in the things that you can control," he said.
Mel Fisher died in 1998 and is an early diving fan and diving instructor. In 1953 he opened his first dive shop in Redondo Beach, California, USA. He spent 16 years searching for the Nuestra Senora de Atocha, a large Spanish sailboat that sank in 1622 on a flight from Cuba to Spain. To this end, he moved to Xiyu to coordinate the search and hired researchers to sort out the maritime archives of Spanish city of Serbia.
Although Fisher had found the first item on the shipwreck in 1971, it was not until July 20, 1985 that his divers finally found the main hull 35 miles from shore and its sister ship St. Margaret. Tower (Santa Margarita). Both ships were loaded with treasure, and half of them were returned by the Fisher family.
“He bankrupted five times before finding the shipwreck,†said 31-year-old Sean Fisher. He is also the grandson of Mel, who is now taking over the company’s business from his 53-year-old father, Kim.
After finding the first item, the Fisher family was caught in a legal dispute with the Florida government in the following years because the latter claimed ownership of the shipwreck. The lawsuit has always reached the Supreme Court of the United States. Finally, in 1982, the Fisher family won 5 to 2 times. On the day of the Supreme Court’s verdict, an inspector from the state stayed on the Fisher’s salvage vessel, waiting for the state government’s success to check all the treasures. The Fisher family was overjoyed and waited for the inspectors to leave quickly.
"They said on the radio that they were sending a boat to pick him up," Kim said. Like other employees of the company, he casually wore a short-sleeved shirt, shorts and flip-flops, wearing a heavy Spanish silver coin in his neck. "We waited until we saw the (accessible) ship on the horizon, and then threw him out of the boat," he said.
The next day we boarded a small speed boat and we spent an hour on the gentle waves of the sea. After arriving at the "Fanyong", the crew transferred our huge diving package to this large ship. The underwater propellers just cleared some of the sand on the coral base rock below and drilled a hole about 25 feet deep and 20 feet deep. We will be here to act.
The sun was fierce at noon. I and six investors stood on rocking decks and wore light-weight wetsuits. We buckled the oxygen cylinder and checked the air pressure gauge to make sure that the mask and the ankle were all normal. I stood on the edge of the deck, raised my hand to the mask and regulator, and then stepped out of the boat. After falling 10 feet I fell into the waves several feet high.
The seawater was initially turbid, and we were 30 feet downstream to the strangely white bedrock with only a few feet of visibility. However, soon I could see about 20 feet away. I saw the divers who were flying with me crawling on the bottom of the sea.
We carefully observed the various coral caves and turned large blocks of coral stones over to examine their bottoms. Bu Fengte was using a large oyster shell to dig out the sand. Two divers who came with it scanned the corals and sand dunes around the big hole with metal detectors. I felt someone scolded my ankle and turned around. Originally, Fisher-Abt was motioning me to follow him. He pointed to a small rock a few feet away, and I groaned and suppressed the urge to shout—under the rocks was a piece of ceramic on the sinking ship “Madame of Atokaâ€.
Divers can often find pieces of this olive jar, which are used to store oil and food in the kitchen on board. The small piece of brownish triangle I found was about 3 inches wide, with a few white barnacles (a kind of crustacean attached to the rock and the bottom of the boat). This is my first loot. . For safety's sake, I pulled the zip on the neck of the wetsuit and stuffed it in.
After 20 minutes, the diving team made an electronic sound signal, so we all went up to the aluminum ladder on the side of the “Fanyong†side. On the deck, I handed over the ceramic fragments and registered them in the daily treasure record. As an investor, he can ask to include the fragments he finds in his next dividend. He grinned and said: "I want to show everyone, I have a great story to tell."
Time of treasure
In the afternoon of the same day, investors returned to the land and waited at the company headquarters to receive their annual dividends. Sylvia Van Dyke and Margaret Freeburg, who bought $10,000 worth of shares, walked into Shawn Cowles, the company's investment relationship manager. Cowles)'s office has high expectations. They sat at a large desk, and energetic Cowles turned the computer monitor to let them see the screen, and then began to explain this year's fishing situation.
"The situation is not very good," he said.
In 2008, divers found only $ 980,000 worth of treasure, but Cowles explained that fortunately the Fischers promised to return their investment with a 10% return, both from the company's vault $11,000 worth of treasure - two coins. The first one is an ancient silver coin, which is worth about 600 U.S. dollars. But when Cowles took out the second, Van Dyck and Felipeberg were all excited: this is a rare Lima Star silver coin. $9,500. He explained that these coins were minted in Peru in 1588 for Christmas and were known for their beauty and fine workmanship. Both men lean forward and look fascinated.
"I just don't know how to divide the coin in half," Van Dyck joked. She is 56 years old and works at the US Patent and Trademark Office in Washington. She later told me that they plan to put the coins in their necklaces, which they may wear in turn; they will continue to invest in the company next year. Seventy percent of the company’s investors have made this plan.
After a week of diving and trophy distribution, the Fisher family and crew began preparing their annual beach fancy dress party. This year's theme is pearls. The event is held at 6:30 in the afternoon in Samana, a Mediterranean-style resort. The sunset leans against the light of the mirrored sea. People at the party begin to sip cocktails and sway with the music of Jimmy Buffett, a local band.
About two-thirds of the 440 celebrations were wearing white glittering headlines with the theme of pearls, while creative guests displayed their own designs of exquisite costumes. There are couples dressed like two pearl rings, others like jellyfish, some like oysters, and others like Neptune; David and Elizabeth Boutet dress as a pair of splendid pirates. Van Dyke's green toe fits perfectly with her fit mermaid dress. Sean Fisher and her family chatted with each other while taking various poses to take pictures with investors.
"Yeah, it's stressful to run the company," Sean said. Then he looked out at the sea outside the window and paused to smile. He added: "I might have sold insurance in Indiana, but now I'm selling treasures on the West Island."
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