El Cazador Shipwreck Coin, 8 Reale, Carlos Iii - Aug 31, 2014 | Great Expectations Auction Company, Llc In Fl
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El Cazador Shipwreck Coin, 8 Reale, Carlos III

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El Cazador Shipwreck Coin, 8 Reale, Carlos III
El Cazador Shipwreck Coin, 8 Reale, Carlos III
Item Details
Description
Now is a great opportunity to own a rare shipwreck salvaged Silver Eight Reale Spanish Screw Press Bust Dollar Coin from the El Cazador Shipwreck, that was salvaged in the 2002 expedition. The Shipwreck That Changed America. On January 11, 1784, the Spanish Brigantine of War, El Cazador, sailed from Vera Cruz, Mexico, to New Orleans carrying 450,000 pesos of silver coins (today’s approx. value of $200 million). The King of Spain, Carlos III (1759-1788), had intended the coins on board to be used to redeem the nearly worthless paper currency that was then in circulation, in Spanish territorial Louisiana. The El Cazador never made her destination, when the vessel, crew, and cargo sank into the ocean, disappearing without a trace. The ill-fated treasure was to have stabilized the Spanish monetary system in colonial North America. After the loss, Spain’s North American Holding weakened severely. The King of Spain was forced to either sell or trade Louisiana. In 1800’s, a reluctant King Carlos IV (1788-1808), Conveyed Louisiana to France’s Napoleon. Three years later in 1803, Emperor Napoleon sold Louisiana to President Thomas Jefferson for $15 Million. With the loss of the El Cazador, the destiny of the United States was changed. The territory owned by the United States size was instantly doubled. Please Note: All items are sold As-is, Where-is, with no warranties or guarantees, expressed or implied. We DO NOT offer Returns or Exchanges. All sales are Final. We want you to be happy with your purchases, so please preview the items carefully before bidding.
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El Cazador Shipwreck Coin, 8 Reale, Carlos III

Estimate $10 - $10,000
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Starting Price $10
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Great Expectations Auction Company, LLC

Great Expectations Auction Company, LLC

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