La Capitana Shipwreck - 4 Reales - Dated 1652 - RARE transitional Cob
$4,800
Denomination: 4 Reales
Weight: 8.42 gm
Mint: Potosi, Peru
Reign: Carlos II
Assayer: "E" Antonio de Erqueta (1652 - 1679)
Date: 1652
Description: Transitional Design. Minted less than a year at Potosi. Rare McLean type I. Obverse: Environmental wear on Pillar side however the denomination "IIII" (4) is visible. Reverse: Full and bold shield. Assayer mark "E" visible, along with date 5(X) visible.
History: La Capitana sank in October of 1654 off the coast of Chanduy, Ecuador. The 1,200-ton Spanish galleon was the largest built in Colonial America during the 17th Century, and the flagship of the Vice Royalty of Peru, and the South Sea Armada. This ship was commissioned to carry Spanish Coins including the Potosi Mint scandal coins, the subsequent countermark coins and many others dated from 1649 to 1654. The galleon, overburdened with unregistered goods, which many say contributed to its sinking. In testimony from crew members; it was said that they could not even lower the anchors, because there was so much treasure stacked on the anchor cables. At least 20 people died in their attempt to swim ashore. All attempts to find the shipwreck failed until the location was made by Sub-America Discoveries, Inc. in November of 1996.
Cap-12243
