The fact is that about 75% of the coins were commercial cargo owned by Spanish merchants, not by Spain, and the coins that have been recovered thus far come from the surface of the ocean floor, not from graves and not from any nearby vessel.
About 75% of the coins were commercial cargo. This commercial cargo was owned by Spanish merchants, not by Spain. The fact is this. The coins come from the surface of the ocean floor, not from graves and not from any nearby vessel. These coins have been recovered thus far.