La Capitana Shipwreck of 1654 - 8 Reales - Double crown marks on cross side - Assayer "O" - Mounted in 14K gold

Shipwreck: La Capitana - Sank off Chanduy, Ecuador in 1654   

Denomination: 8 Reales  

Mint: Potosi, Bolivia

Assayer: "O" Juan Rodriquez de Rosa - O with a dot in the center

Date: Not Visible

Weight: 26.08 gm

Mount: 14K Gold (10.34g)

Description:  Obverse: Greek cross and with double crown marks on the cross side.  (This indicates that it may have travel between to financial regions and needed a second crown mark). Reverse:  Hapsburg Shield. 

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 Viceroyalty of Peru; and the South Sea Armada. This ship was commissioned to  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.