Since Key West’s earliest days, its atmosphere has encouraged rugged individualism — but few individuals stand out more than legendary shipwreck salvor Mel Fisher.

Adventurer Mel Fisher, shown here with some of his glittering discoveries, proved that the American dream is thriving -- at least in the Keys. (Photo provided by Mel Fisher's Treasures)

Mel, a former California chicken farmer, appeared in the Keys in 1968 and shortly afterward settled in Key West. His luggage consisted of one big dream — that of finding the sunken treasure galleon Nuestra Señora de Atocha, shipwrecked in a 1622 hurricane somewhere in Keys waters.

The Atocha’s cargo, according to its manifest, included a quarter of a million silver pieces of eight, some 30 tons of silver bars, and other riches destined for the coffers of Spain. Clearly, it was a worthy prize for any man.

Some people never really fit into Key West’s offbeat lifestyle, but others — like Mel — fit in immediately. With his drawling speech and seemingly limitless capacity for rum and Coke, he became a familiar figure on the island.

During the long years of searching for the shipwrecked galleon, there was little money to support Mel and his crew — which included his wife Deo and, eventually, children Dirk, Taffi, Kim and Kane. Still, enough treasure trickled in to keep their enthusiasm alive.

Mel and Deo Fisher were early SCUBA pioneers before they became shipwreck seekers. (Photo provided by Mel Fisher's Treasures)

After all, Mel reasoned, almost any day could herald the discovery of the Atocha’s main body of riches. “Today’s the day,” his well-known phrase of encouragement to his divers, began to appear on T-shirts all over Key West.

At long last, in July of 1985, “the day” arrived.

On July 18, Mel’s son Kane, then captain of the salvage boat Dauntless, discovered a 60-pound ballast stone, barrel hoops, copper ingots, and almost 1,000 silver coins in a deep-water area called Hawks Channel.

Two days later, on July 20, divers Andy Matroci and Greg Wareham dove down to investigate a promising area of the seabed. Facing them was a reef of what looked like stones. The duo went back up for a metal detector and dove down again. The metal detector went wild: it was a reef of silver bars.

Andy reached the surface first and yelled to the salvage boat, “It’s the ‘mother lode’! We’re sitting on silver bars!”

A diver examines gold bars and chains on the site of the Nuestra Se–nora de Atocha shipwreck about 35 miles off Key West. (Photo by Pat Clyne/Mel Fisher Maritime Museum)

Kane Fisher radioed back to Key West, “Put away the charts. We’ve found the main pile.”

They had found 1,041 silver bars and boxes of coins — 3,000 to a box. Almost immediately, shippers’ marks on the silver bars were matched to the Atocha’s cargo manifest, confirming the identification.

“It was surreal. I had spent most of my life looking for it, and all of a sudden there it was — all these silver bars piled up and sticking up out of the mud, and there were fishhooks snagged on them and lobsters living in the cracks between the silver bars,” said Kane’s brother Kim, who had begun tracking the Atocha with his family when he was 12 years old.

The excavation of what media dubbed “the shipwreck of the century” began. Divers and archeologists eventually recovered more than $400 million in gold and silver coins and bars, breathtaking religious artifacts, jewelry, weapons, pottery, navigational instruments, contraband emeralds and other incredible items.

Kim Fisher, son of the late Mel Fisher, displays a 23-karat gold bar recovered during the ongoing search for the remainder of the Atocha shipwreck. (Photo by Rob O'Neal/Florida Keys News Bureau)

Now, 25 years after the discovery of that “main pile,” people flock to Key West’s Mel Fisher Maritime Museum to view the Atocha treasure and artifacts housed there — and marvel at the triumph of the human spirit that their recovery represents.

Yet according to the vessel’s cargo manifest, much more remains to be found. After Mel’s death in 1998, his son Kim took over the family enterprise — and today he and his own son Sean supervise the ongoing search for the portion of the legendary shipwreck that still awaits discovery.

“We’re looking for the sterncastle of the Atocha,” explained Kim, who looks (and sounds) a lot like Mel. “There’s a lot of treasure still out there … 100,000 coins, 300 80-pound silver bars …”

The Atocha’s story — and the quest — continue.