Treasure Auction #2

Shipwreck Silver Coins, 16th-17th Centuries (lots #21-242)

 

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16th Century Wrecks, 17th Century Wrecks
 
 
Legend:

Lot # 

Picture (click to enlarge)

 Lot title and description

Estimate (low-high)

 

 

 

SHIPWRECK SILVER COINS

 

 

 

 

Golden Fleece wreck,” sunk ca. 1550 in the northern Caribbean
“Early Series” (no waves under pillars, 1536-1542)

21

 

4 reales, assayer R (Rincón) below pillars. S-M1, KM-16, 13.3 grams. Choice specimen of a rare and popular type (the first coinage of the New World), dark AXF but with virtually no corrosion, nearly full legends (with curiously backwards N's), perfect inner details (especially the shield), broad and round planchet, just a few flat areas that exclude it from the best (and most expensive) examples. With Sedwick certificate. $2,000 - $2,500

22

 

4 reales, assayer P to right. S-M4, KM-17, 13.5 grams. Clear mintmark oMo to left and assayer oPo to right of full shield, choice full pillars on the other side, full legends, well-centered strike on a nice round planchet, dark XF+ with a hint of corrosion (could be cleaned), very scarce. With Sedwick certificate.

$1,500 - $2,000

23

 

4 reales, assayer P to right. S-M4, KM-17, 12.6 grams. Choice full shield with oMo to left and oPo to right, also good crown and legends, with contrasting toning against AU details, but pillars side somewhat pitted from corrosion, very scarce. With Sedwick certificate.   $1,000 - $1,250

24

 

4 reales, assayer G below pillars. S-M2, KM-17, 13.4 grams. A technically perfect specimen of a very scarce issue: no doubling or corrosion, well centered on a very broad flan with full legends and inner details, high grade (AU), richly toned (dark) all over—what more could you ask for? With Sedwick certificate.   $2,000 - $2,500

25

 

2 reales, assayer Gothic R (Rincón) below pillars. S-M1, KM-10, 6.5 grams. A choice, broad-flan specimen of the earliest type with Gothic lettering (rare), with bold full shield and pillars, full legends, bold XF+, silvery from cleaning but no corrosion. With Sedwick certificate.   $750 - $1,000 

26

 

2 reales, assayer P to right. S-M4, KM-11, 6.6 grams. Broad flan with bold legends (slightly off-center strike) and perfect inner details (including oMo mintmark to left and oPo assayer to right of shield), darkly toned, no corrosion, AU, very scarce. With Sedwick certificate.    $500 - $700

27

 

2 reales, assayer P to right. S-M4, KM-11, 6.5 grams. Full and choice shield and crown and pillars, most of legend, oMo to left and oPo to right, very minor corrosion around edge, silvery from cleaning, AU for wear, very scarce. With Sedwick certificate.   $400 - $600

28

 

2 reales, assayer G below pillars. S-M2, KM-11 (unlisted but pictured), 6.7 grams. Broad planchet with nearly full legends, full inner details and crown, no corrosion but some minor flatness (otherwise XF), slightly silvery from cleaning, very scarce. With Sedwick certificate.   $500 - $700

 

 

“Late Series” (with waves under pillars, 1542-1571)

29 

 

4 reales, assayer A to right. S-M6, KM-18, 13.7 grams. Very broad planchet with full legends (the metal even extending beyond the legends in some places), weak assayer A (scarce) but full mintmark M, nice full pillars but with doubling in the legends, good full crown and shield, dark but no corrosion, XF+. With Sedwick certificate. 

$500 - $700

30

 

4 reales, assayer R to left. S-M7, KM-18, 13.3 grams. Rare with bold full assayer and mintmark, nearly full legends with full CAROLVS, perfect inner details and crown, dark XF with barest hint of corrosion around edge. With Sedwick certificate.  

$750 - $1,000

31

 

2 reales, upside-down assayer G to right. S-M5a, KM-unlisted (cf. 12), 6.9 grams. Very rare and curious error with assayer G punched into the die upside-down, and a pretty decent specimen too, with full legends on a broad flan, full inner details except for some flatness, XF for wear, dark but no corrosion. With Sedwick certificate.  

$400 - $600

32

 

2 reales, assayer G to left. S-M5a, KM-12, 6.5 grams. Scarce issue with assayer G to left and mintmark oM (not just M) to right, choice (well-detailed) full shield and crown, bold but lightly encrusted pillars, much legend, XF with light corrosion. With Sedwick certificate.   $350 - $500

33

 

2 reales, assayer A to right. S-M6, KM-12, 6.8 grams. Rare (in this denomination) with assayer A to right and mintmark M to left, broad flan with full legends and crown and inner details (no flatness), dark (uncleaned) XF, a rather nice example. With Sedwick certificate.   $350 - $500

34

 

2 reales, assayer A to right. S-M6, KM-12, 6.8 grams. Rare (as above), particularly boldly struck in the centers but not as much legend (not as broad) as above, also not dark (still XF), with just a hint of corrosion. With Sedwick certificate.   $350 - $500

 

1554 Fleet, sunk off Padre Island, Texas
35 Mexico, 4 reales, Charles-Joanna, “Late Series,” assayer L to right. S-M9, KM-18, 9.6 grams. Broad planchet with clear mintmark M to left, assayer L to right of full shield, full pillars on other side, much legend and well centered but with moderate corrosion all over (typical for this wreck) yet with the usual rusty encrustation cleaned off.  $250 - $350
Unidentified wreck off Ecuador, late 1500s?

36

 

Lima, Peru, cob 8 reales, Philip II, assayer Diego de la Torre. S-L4, KM-14, 24.3 grams. We certainly wish Lou could have been more specific about the origin of this coin, especially in light of the much-anticipated 1612 wreck in the same general area, but Lou was adamant this was something different. The coin is just what you would expect: Very well detailed, with nice full shield and cross (the latter doubled), *-8 to left and P-oD to right, much legend, full crown, round and well centered, but silvery from cleaning and with light pitting all over. From the Louis Ullian collection of shipwreck coins.  $350 - $500

San Martín, sunk in 1618 off Vero Beach, Florida

37

 

Mexico, cob 8 reales, 1611F. S-M17, KM-44.3, 17.1 grams. Very rare with full 1611 date and oMF, decent shield and cross despite light to moderate corrosion. From the Louis Ullian collection of shipwreck coins.  $600 - $750

 

 

Atocha, sunk in 1622 west of Key West, Florida

(all cobs)

Mexico

38

 

2 reales, Philip III or IV, assayer not visible. 4.4 grams. Grade 1 with particularly nice, full shield, good full cross, broad planchet, light corrosion around edge, more toned than usual, popular for jewelry. With Fisher certificate #189965  $600 - $750

 

Potosí, Bolivia

39 

 

8 reales, Philip II or III, assayer B (5th period). S-P14 or 14a, KM-5.1 or 10, 21.1 grams. Grade 2, with nearly full and well-detailed shield and crown (typical of this early type), most of cross, part of edge missing from corrosion and some flatness. With Fisher insert-card #174064 (certificate missing but replaceable).  

$200 - $350

40

 

8 reales, Philip III, assayer Q. S-P17, KM-10 26.9 grams. Grade 1, with good full cross and shield, both well centered on a roundish flan, some flat spots but no corrosion. With Fisher insert-card #219823 (certificate missing but replaceable).   $250 - $350

41

 

8 reales, Philip III, assayer Q. S-P17, KM-10 15.5 grams. Grade 3, with bold assayer Q to left of nice full shield, full cross too, but both sides moderately to heavily corroded, unusually darkly toned. With Fisher certificate #82-172.    $225 - $375

42

 

8 reales, Philip III, assayer M. S-P18 or 19, KM-10 20.5 grams. Grade 1, full shield and cross, light surface corrosion and tangential piece of edge missing (more like Grade-2 quality). With Fisher certificate #194239   $400 - $600

43

 

8 reales, 1619?T. S-P21, KM-10 22.7 grams. Grade 2, broad planchet with full shield, full but rather flat cross, light corrosion all over but nothing deep, clear 6 of date and just barely enough of the other digits to warrant an educated guess. With Fisher certificate #155431   $350 - $500

44

 

8 reales, Philip III or IV, assayer T, lions and castles transposed in upper half of shield and quadrants of cross. S-P21, KM-10, 25.1 grams. Grade 1, small, thick planchet with good full shield and cross, both displaying typical transpositions (although the reversed shield is scarce) that exemplified the incompetence (some say dyslexia) at the mint in this period of rapid conversion of ingots into coins. With Fisher certificate #116256   $400 - $600

45

 

8 reales, Philip III or IV, assayer T. S-P21, KM-10 26.8 grams. Grade 1, no corrosion, nice full shield with bold assayer T, good and full but off-center cross (also slightly doubled), nice thick flan (practically full weight!). With Fisher certificate #190253   $500 - $700

46

 

8 reales, Philip III or IV, assayer T, backwards mintmark "q". S-P21, KM-10, 25.5 grams. Grade 2, but really Grade-1 quality with minimal corrosion, full shield and cross, bold backwards mintmark (another typical transposition for this era) and assayer, uneven thickness. With Fisher certificate #219599   $300 - $450

47

 

8 reales, Philip III or IV, assayer T. S-P21, KM-10 9.0 grams. Grade 3, very thin and corroded (arguably Grade-4 quality) but with clear full shield, fairly clear assayer. With Fisher certificate #82-658  

$150 - $250

48

 

8 reales, Philip III or IV, assayer not visible. 13.0 grams. Grade 3, good full shield and cross-lions-castles, crude shape due to heavy corrosion. With Fisher certificate #87A-138371   $175 - $275

49

 

8 reales, Philip III or IV, assayer not visible. 13.3 grams. Grade 3, bold full shield, full cross, thin and heavily corroded but decent detail. With Fisher certificate #135951   $175 - $275

50

 

8 reales, Philip III or IV, assayer not visible. 13.2 grams. Grade 3, nearly full shield and crown and cross despite heavy corrosion and tangential piece of edge missing (more like Grade-4 quality). With Fisher certificate #136482  

$175 - $275

51

 

8 reales, Philip III or IV, assayer not visible, quadrants of cross transposed. 22.7 grams. Grade 3, thick and solid coin with full and uncorroded cross (a bit flat, however), the shield side heavily pitted from corrosion. With Fisher certificate #190443  

$175 - $275

52

 

8 reales, Philip III or IV, assayer not visible, lions and castles transposed in upper half of shield. 17.6 grams. Grade 4, despite the heavy corrosion the shield is nearly full and shows the scarce transposition error clearly, cross side rather flat and corroded. With Fisher certificate #193137  

$150 - $250

53

 

8 reales, Philip III or IV, assayer not visible. 15.9 grams. Grade 4, full but off-center shield, decent full cross despite heavy corrosion, actually a bit nicer than most Grade 4's. With Fisher certificate #136982   $100 - $175

54

 

2 reales, Philip II, assayer Rincón. S-P1, KM-3.2, 6.5 grams. Rare first coinage of the mint, with full and bold assayer R to left of a full shield, nice full cross-lions-castles on other side, very little corrosion (just around edge) but worn from 50 years of circulation before its shipwreck fate. With Fisher certificate #132743   $1,000 - $1,250

55

 

2 reales, Philip III or IV, assayer T. S-P21, KM-8 6.0 grams. Grade 2, chunky and out-of-round, with nearly full shield and cross, minor corrosion but flat spot on both sides, overly polished like all of the more modern recoveries (1990s and later). With Fisher certificate #10376  

$400 - $600
Bogotá, Colombia

56

 

4 reales, S-(A) (1622). S-B1, KM-2.1, 13.4 grams. Extremely rare first issue with bold mintmark S to left of about 75% shield below full crown (both very well detailed), king's ordinal IIII in legend (which is important, as it proves the die was not engraved in Spain in 1621 or before), big flat area to right of shield where the assayer A would be, most of cross with practically pristine (Mint State) surfaces (no corrosion), the shield side with just a hint of corrosion, clearly one of the best examples out there and by all rights a coin that should have been included in the famous Research Collection. With Fisher certificate #236040, and Plate Coin in the 4th edition of The Practical Book of Cobs (2007) $3,500 - $4,750

Santa Margarita, sunk in 1622 west of Key West, Florida

57

 

Cartagena, Colombia, cob 8 reales, RN-A (1622). S-C2, KM-3.2, 10.8 grams. Very rare first issue with clear mintmark RN to left and full assayer A to right of about 75% shield, nearly full cross, but all worn and thin from corrosion, attributed to Cartagena and not Bogotá by virtue of the pomegranate in the middle (as opposed to the bottom) of the shield (hard to see). With Fisher certificate #11262   $3,000 - $5,000z

Concepción, sunk in 1641 off Hispaniola

(all Mexican cobs)

58

 

8 reales, (16)34P/D, with canvas impression. S-M19, KM-unlisted (cf. 45), 24.9 grams. Full 4 of date (very rare, missing in Calbetó) and bold oMP with very clear over-assayer, and among many coins from this wreck that, for whatever reason, show a grid pattern from the fusion of canvas onto the surface of the coin (only on the cross side on this example), no corrosion but lots of flatness, valuable old pedigree. Pedigreed to the Henry Christensen sale of May 14, 1982 (the only major auction of Concepción material ever to take place), with original lot envelope #24.  

$400 - $600

59

 

8 reales, Philip IV, assayer P, with mineralized canvas attached. S-M19, KM-45, 22.9 grams. Taking a step further from the last lot, this coin shows the actual canvas still attached to the cross side, held into place with green, white, and black encrustation, the coin itself an even brown with no surface corrosion but bits of the edge missing, full shield with oMP to left and denomination 8 to right. With original insert-card (filled out by Frank Sedwick) and certificate.  

$250 - $375

60

 

8 reales, Philip IV, assayer P. S-M19, KM-45 26.4 grams. Big, thick flan with full shield and cross, no corrosion but lots of peripheral flatness and uneven thickness (very typical), lightly toned. With Blanchard leatherette wallet-certificate.   $100 - $150

61

 

8 reales, Philip IV, assayer P. S-M19, KM-45 26.6 grams. Broad, roundish planchet with full oMP and cross, most of shield, no corrosion but the usual flatness and unevenness, well centered. With ANACS photo-certificate.   $100 - $150

Capitana, sunk in 1654 off Chanduy, Ecuador

(all Potosí, Bolivia, cobs)

Shield-type (through 1652)

62

 

8 reales, 1649Z, crown-alone countermark on shield. S-P34 (c/m 1), KM-19b (c/m C19.1), 16.3 grams. Very bold details all over (full shield and crown and cross and P-Z and 8 and—best of all—four-digit date 1649, rare thus) despite moderate corrosion (thin planchet) and edge-crack, the countermark especially bold and full.  

$350 - $500

63

 

8 reales, 1650O, with crowned-L countermark on cross. S-P35 (c/m 2), KM-19b (c/m C19.2), 22.4 grams. Very broad planchet, double-struck shield with P-O relocated horizontally toward the bottom, full 4-digit date (scarce) and full and crisp countermark, minor corrosion only but some flat spots and an edge-crack. From the Louis Ullian collection of shipwreck coins.   $450 - $650

64

 

8 reales, (1)651O, with crowned-"phi" countermark on cross. S-P35 (c/m 10 variant), KM-19b (c/m unlisted for this date), 27.2 grams. Extremely rare countermark that was originally thought to be a script P (Calbetó's Type L) but on this full example it is clearly more like the Greek letter "phi," a flattened O with a central vertical slash. The whole coin in fact is pretty nice, with full shield and cross, two assayers (on either side of shield), lots of legend (including date and king's name), 100% corrosion-free but some flatness, nice contrasting toning on fields. From the Louis Ullian collection of shipwreck coins.   $1,200 - $1,500

65

8 reales, (1)651E/O, with crowned-•F• countermark on shield. S-P36 (c/m 3), KM-19b (c/m C19.3), 13.7 grams. Full countermark, bold over-assayer, and full 51 of date, also full cross and shield, but the whole coin rather worn and thin from corrosion. With Atlantic Treasure Coins photo-certificate.   $275 - $350

66

8 reales, (16)52E, with crowned-•F• countermark on shield. S-P36 (c/m 3), KM-19b (c/m C19.3), 20.6 grams. Very rare final date of the shield-types, with full and clear 2 of date, nice full shield with 60% countermark, good full cross, lots of bold legend, a little thin and worn from corrosion but with nicely contrasting toning. From the Louis Ullian collection of shipwreck coins.   $1,200 - $1,500
1652 transitional

67

8 reales, (1652)E, Type IV. S-P37, KM-A20.4 18.7 grams. Bold full pillars with clear F-8-IIII and E-8-E and full crown, full shield (slightly doubled) and crown with (A)-P-8 to left and O-E-(52) to right, full king's ordinal IIII in legend, worn down but only light corrosion, nice toning, scarce. With Atlantic Treasure Coins photo-certificate.  

$1,000 - $1,250

68

8 reales, 1652E, Type IV. S-P37, KM-A20.4, 27.3 grams. Very solid coin (full weight) with no corrosion, nice full central detail, most of king's name and ordinal in legend, very minor doubling and flatness, spots of toning, scarce. From the Louis Ullian collection of shipwreck coins.   $800 - $1,200

69

8 reales, 1(6)52E, Type IV. S-P37, KM-A20.4, 23.8 grams. Nice central detail like on the last lot (especially bold pillars) but with a hint of corrosion all around (high grade otherwise) and evenly toned, 2 dates, 2 full crowns, well centered, scarce. From the Louis Ullian collection of shipwreck coins.   $800 - $1,200

70