Top 15 Most Valuable and Fascinating Underwater Discoveries
12. 10,000 Emeralds
Estimated Value Today: $500 million* (Alleged)
Year Disappeared: N/A
Year Discovered: 2010
This entry is among the most intriguing on the list, as it blurs the lines between reality and deception. Jay Miscovich, a real estate agent from Pennsylvania, claimed to have uncovered thousands of emeralds believed to be part of a shipwreck from a 1500s Spanish galleon.
While the alleged treasure sparked excitement and speculation, it raised questions about its authenticity and the circumstances surrounding its discovery. The estimated value of these emeralds is a staggering $500 million, making it a sensational story in the world of treasure hunting.

10,000 Emeralds
However, the reality of the situation was far less glamorous than the initial claims suggested. Jay Miscovich did not uncover a pirate's treasure; instead, he purchased emeralds from a store, planted them in the ocean, and later "rediscovered" them in a bid to escape financial troubles stemming from poor investments.
The truth came to light when the emeralds were analyzed and found to be coated with epoxy, revealing the elaborate ruse. Following his passing in 2013, Miscovich's collection of faux emeralds has remained embroiled in legal disputes, leaving the fate of the so-called treasure uncertain.