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Used 1715 Fleet Shipwreck Mexico City Mint, Assayer J (1705-23) Silver Cob 8 Reales F - UBB.threads

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1715 Fleet Shipwreck Mexico City Mint, Assayer J (1705-23) Silver Cob 8 Reales F
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1715 Fleet Shipwreck Mexico City Mint, Assayer J (1705-23) Silver Cob 8 Reales F
Price: US $173.50

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Title:1715 Fleet Shipwreck Mexico City Mint, Assayer J (1705-23) Silver Cob 8 Reales FStarting offer:$.99Description:

This sale is for a1715 Fleet Shipwreck Recovered Mexico City Mint, Assayer J (Active 1705-23)Silver Cob 8 Reales that grades F. The coin weighs 25.0 grams and is 39 mm longand 28 mm wide. Included with the coin is a Cobb Coin Company, Inc. Certificateof Authenticity.Free shipping in the US, satisfaction is guaranteed.

The Spanish 1715-Fleet disaster was probably the greatest tobefall any of the Spanish treasure fleets in terms of casualties and money,with reports of a loss of 14 million pesos (plus an equal or greater amount incontraband) and as many as 1,000 or more lives. It was a typical case ofoverloaded Spanish galleons foundering in a hurricane after delayed departure.In effect the 1715 Fleet was a combination of two fleets: theNueva España(NewSpain, i.e., Mexico) Fleet from Mexico and theTierra Firme(Mainland)Fleet from South America, some 12 or 13 ships in all. Encountering a hurricaneon July 30, all the ships were driven shoreward and destroyed except for a lonevessel, the tag-along French shipGrifón, which sailed onwardwithout incident. Hundreds of the crew and passengers lost their lives whileother hundreds of survivors improvised a camp on shore to await aid from theSpanish fort at St. Augustine, to which a party was sent.

Salvage commenced soon afterward and lasted for several years.Nearly half of the vast treasure (at least the registered part) was recoveredand kept in a nearby storehouse. In 1716, a flotilla of British freebootersunder Henry Jennings raided the storehouse and carried off some 350,000 pesosof the treasure to Jamaica. The Spaniards, however, resumed operations untilthey could salvage no more and quit in 1719.The rest of the treasure remainedon the ocean floor until our time.

Modern salvage on the 1715 Fleet began in the late 1950s, whenlocal resident Kip Wagner found a piece of eight on the beach after a hurricaneand decided to pursue the source. With the help of a 1774 chart and anarmy-surplus metal detector, he located the original Spanish salvage camp andunearthed coins and artifacts. Then, using a rented airplane to spot theunderwater wrecksite from the air and check the location again by boat, Kipfound the source of the coins and soon formed a team of divers and associatesbacked by a salvage permit from the State of Florida. All of this took placeover a period of years before it evolved into the Real Eight Company, whoseranks later included such luminaries as Robert Marx and the flamboyant MelFisher. The Fisher family still sub-leases the sites to hopeful salvagerstoday.

The vast treasures yielded by the 1715 Fleet in our time fall intonearly every category, from coins to jewelry, precious stones to cannons,religious artifacts to Chinese porcelains. The 1715 Fleet remains the world’slargest source for New World gold cobs, while the silver cobs recovered numberin the hundreds of thousands. Promotions of the coins by Real Eight and othershave spanned the decades, in addition to significant sales by HenryChristensen (1964); Parke-Bernet Galleries (1967) and Sotheby Parke Bernet(1973); the Schulman Coin and Mint (1972 and 1974); Bowers and Ruddy Galleries(1977); and even the U.S. Customs Service (2003).

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