Name: El Cazador Spanish 8 Reale Silver Shipwreck Coin 1777-1783 - Piece of Eight Pirate Money Piece of 8
SKU: CVC003
Price: 1075.00 ZAR
Availability: SoldOut
Rating: 5 (1 reviews)

El Cazador Spanish 8 Reale Silver Shipwreck Coin 1777-1783 - Piece of Eight Pirate Money Piece of 8

1 was available / secondhand

R1,075.00

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Condition

Secondhand

Location

South Africa

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Product code

CVC003

Bob Shop ID

100280706

SPANISH 8 REALE 1777-1783 - PIECE OF 8

SILVER SHIPWRECK COIN

Salvaged from the wreck of the El Cazador

Slabbed and certified genuine by the NGC

In the late 1700’s, the Port of New Orleans in Louisiana was the center of the Spanish Louisiana territory which encompassed most of the center of North America.

The Louisiana territory was suffering great economic difficulty because of the American Revolutionary War between the American colonists and the government of Britain.

Vast quantities of near worthless paper currency were circulating in the territory.

King Carlos III of Spain sent the Spanish ship El Cazador to take a large load of Spanish silver coins from Veracruz to New Orleans to redeem the paper currency.

El Cazador sailed from Veracruz on January 11, 1784. It disappeared in the Gulf of Mexico and no information was known about its fate until 1993.

On August 2 1993, fifty miles off the coast of Louisiana in the Gulf of Mexico, a small fishing trawler discovered coins in their fishing net.

At a depth of 100 meters they had uncovered the final resting place of the long lost Spanish brig, El Cazador, and its treasure of Spanish reale coins.

Eight Reales were also known as Pieces of Eight, Bust Dollars and Spanish Milled Dollars.

They were the first legal tender U.S. Dollars and remained in use until 1857.

The Eight Reale was commonly cut into eight pie shaped sections, known as “bits”, the bits were used as small change, with two bits equaling a quarter dollar.

These coins are virtually everyone’s idea of what “pirate treasure” coins look like. And that’s pretty much accurate.

Many a treasure chest laden with reales was hijacked on the high seas by 17th-18th century pirates!

Coin is slabbed and certified by the NGC as a genuine 8R El Cazador shipwreck salvage coin.

Clearly visible is the effect that over 200 years of sea water had on the coin, with the reverse being in much better condition than the obverse.

The coin has a .903 fine silver content, is 38mm in diameter and weighs 27.07g according to online specifications.

Images are of the exact coin on offer.

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