La Capitana Shipwreck - 8 Reales - Dated 1650 - Assayer "O"

Denomination:  8 Reales                                                          

Date:  1650

Mint:  Potosi                                                                                        

Weight: 26.18 g

Reign: Philip IV

Assayer: “O” - Juan Rodriquez de Rosa – 1649-1650 - "Rosa the wheel"

Grade: NGC – 2880332-001 - XF 40

Mount: 14K gold

Description: La Capitana Shipwreck. Obverse: Greek Cross with Castle and Lions in four quadrants. Unknown Crown-mark visible. Full Date X650.  Reverse:Hapsburg Shield. bold assayer and mint marks.

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 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.