El Cazador Shipwreck - 1/2 Reales - Dated 1746 - Grade Fine - Older Pillar and Wave Style

"The Shipwreck that changed the World"

Denomination: 1/2 Reales

Date: 1746

Reign: Filipe V

Mint: Mexico

Assayer: M

Weight:  1.2 gm

Grade: Fine 

Mount: 14K gold

Note: Old Pillar and Wave Style coin

Reverse: Between the Pillars of Hercules (Gibraltar) are the two crowned Hemispheres of this world. 

Obverse: bears a traditional crowned shield of Spain.

The Latin Motto seen above the crowned Pillars reads; "VTRA QUE VNUM," which translates to "Both Are One," referring to the unification of the Northern and Southern Hemispheres, and affirming the dominant position of the Spanish Eight Reales system that was used for worldwide trade in the 1800's. 

History: Sometimes called "The Shipwreck That Changed the World," the story of the ill-fated El Cazador really speaks volumes about early American History. In the 1770's, the Spanish controlled Louisiana Territory's economy was failing, and was heavily reliant on the arrival of Mexico-minted Spanish coins to help boost the economy. Charles III of Spain ordered Captain Gabriel de Campos y Pineda to sail the Spanish brig of war, El Cazador (The Hunter), to Veracruz, New Spain (present day Mexico), on October 20, 1783. 

There, she was loaded with silver Spanish coins, mostly 8 Reales, the largest coin by size and weight that Spain had minted. On January 11, 1784, El Cazador set sail for New Orleans and was never heard from again. Some historians speculate that had El Cazador made it to New Orleans, and its treasure been able to bolster the economy, Spain might not have given the territory back to France in 1801. And, in turn, the United States would not have been able to acquire it for 15 million dollars in 1803 from the French. 

Two hundred years later, about 50 miles South of Louisiana in the Gulf of Mexico, a butterfish trawler, was fishing in 300 feet of water when its net snagged something on the bottom. It was August 2, 1993. Captain Jerry Murphy and his crew held their breath as they retrieved the net to examine it for damage. When they pulled the net up and dumped the contents on the deck, debris and black clumps fell out. Thinking they were rocks, some of the crew started kicking them through the scuppers and back into the abyss. Then someone yelled "COINS, COINS, COINS!!!" - and all fishing stopped