El Cazador Shipwreck Coin 8 Reales NGC Certified Grade (HGB)
El Cazador Shipwreck 8 Reales Coin
These 90% silver coins come straight from the famous El Cazador Shipwreck right to your home in a NGC certified plastic holder with certification number. Your coin will be dated between 1779 and 1783. Your exact coin may vary from the photo above, however, I guarantee it will not be of a lower grade than that photo. I offer a full money back return policy on any coin you are notsatisfied with. Check out the full story of these coins below!
Super great seller, very nice to work with.....highly 13:36El Cazador Shipwreck Coin 8 Reales NGC Certified Grade (HGB) (#271195424675)US $124.09View ItemGreat coin by super great people to work with.....Highly 13:36El Cazador Shipwreck Coin 8 Reales NGC Certified Grade (HGB) (#271195424675)US $124.09View Item
On August 2, 1993, 50 miles south of Louisiana, a humble fishing trawler named the MISTAKE snagged some debris on the ocean floor, only to discover coins among the objects caught in its net. At a depth of 300 feet, the crew had discovered the final resting place of the long lost Spanish Brig, El Cazador, and its treasure of Spanish silver coins. How did these coins change the world?
In 1783, The American Revolutionary War against the British was won with the help of similar coins. It is a little known fact that during the war, Spain quietly became the critical ally of the U.S., and arguably was responsible for the American’s successful victory. Spain provided war materials, military advisors, and opened up a second war front by engaging British shipping and fortifications along the Caribbean and Pacific coasts. Most importantly, Spain provided cash in the form of these very same silver coins to the American patriots to support the war effort. Without these coins, America\'s freedom would have been lost.
Four months after the peace treaty with Britain, on January 11, 1784, El Cazador, \"The Hunter,\" a Spanish Brig of War, set sail from Veracruz, Mexico for the port of New Orleans. Along with its load of silver coins, the ship and crew disappeared without a trace. But, unlike the previously minted silver 8 reale coins that insured America’s successful beginnings, it was in this case that these coins’ absence --the loss of the silver coins carried by ‘El Cazador, that was the seminal event that triggered the rapid expansion of this new nation known as the USA.
At the end of the war, Spain owned nearly a million square miles of North America known today as the Louisiana Territory--the key shipping access for which was port of New Orleans. To bolster its fledgling economy, King Charles (Carolus) III of Spain ordered the near-worthless paper currency circulating there to be redeemed with silver coinage from the Mexican Mint— the first Spanish mint in the New World. The El Cazador carried those ill-fated coins. We will never know whether pirates, storms, or other peril caused her demise. However, the ship, crew and the fortune in silver were lost at sea. Spain’s later efforts to stabilize the economy of the Territory and profit from its key holding in North America were unsuccessful. Finally in 1800, a reluctant Charles IV of Spain agreed to cede Louisiana back to France for a small sum. Just three years later, in 1803, Napoleon agreed to sell the vast territory to U.S. President Jefferson for $15 million as part of the Louisiana Purchase. For the bargain price of only 3 cents an acre, the new nation doubled in size. It was the turning point that opened the floodgates for westward expansion, and established America as the land of opportunity. But none of these events, the winning of the war or the expansion of America, would have happened if not for “the coins that changed the world.
The wreck site yielded mostly huge 8 reales silver coins known as “bust “ dollars, Spanish milled dollars or “pieces of eight”. They were famous as legal tender dollars in the fledgling USA until 1857, were the pattern for later US dollar issues, and often cut into 8 pie-shaped sections, known as “bits” for small change (2 bits=25 cents). Also found were a few earlier Spanish milled “Pillar” types and lower denomination bust types: ., 1, 2, 4 reales. All the bust types differ in size and weight yet share design details. The original coins showed Spain’s King “CAROLUS III”, “DEI GRATIA” (By the Grace of God) and mint year. The reverse read clockwise: “HISPAN.ET.IND.REX” (King of Spain and the Indies), followed by a mint mark, denomination (“8R”=8 reales; “R”=1/2 reale) and assayer’s initials. The crowned shield of Castile & Leon is flanked by the Pillars of Hercules and motto, “PLUS VLTRA” (More Beyond) on surrounding ribbons. Most surviving coins lost much detail from two centuries in seawater.
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