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Princess Louisa, sunk in 1743 off the Cape Verde Islands, west of Africa
Laden with 20 chests (69,760 ounces) of Spanish silver, the East Indiaman Princess Louisa fell victim to surprise currents and inaccurate charts and struck a reef and sank off Isla de Maio in the early morning hours of April 18. 42 of the 116 people aboard floated to safety on the nearby island, but nothing on the ship could be saved. Contemporaneous salvage never came to fruition. In 1998 and 1999 the wrecksite was located and salvaged by the Arqueonautas firm, whose finds from this wreck have been largely marketed by a Houston coin and jewelry dealer ever since, but some coins were also sold at auction in 2000-2001. Most of the coins were New World silver cobs from all the mints that were operating in the early 1700s (including rare Bogotá cobs), predominantly minors (smaller than 8 reales), in average condition, with quite a few preserved in as-found multiple-coin clusters. For related items visit our Fixed-Price Catalog |
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