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Historical Background
Shipwreck coins. Charles and Joanna (1504-1555). 4 reales. ND (1541-1542). Mexico. oMo - oPo. (Cal-123). . 12,58 g. Despite showing some unfortunate signs of saltwater damage—more pronounced on the obverse and barely visible on the reverse—this example remains highly attractive and well-preserved, with full legends and a lovely steel-gray tone.
Probably recovered from the wreck of the “Golden Fleece,” sunk around 1550 in the northern Caribbean.
A coin that can proudly claim an authentic connection to the age of piracy and treasure fleets.
Slabbed by NGC as PCGS Genuine, Saltwater damage - AU Detail.
The Golden Fleece wreck, lost around 1550 in the northern Caribbean, takes its name from the royal “Golden Fleece” stamp found on several gold “finger” ingots. Nearly all the coins recovered were Mexican Charles-and-Joanna issues struck before assayer “S,” including multiple rarities and, most notably, three specimens of the 1538 Rincón “Early Series” 8 reales, the very first eight-reales coins minted in the New World. Although the exact location of the wreck remains undisclosed, the find—amounting to only a few thousand coins—became the primary source of these early Mexican issues on the market since the mid-1990s. Also remarkable are the gold and silver ingots, some cut for accounting purposes, bearing fineness markings and, in the case of the silver bars, royal tax stamps consistent with mid-16th-century practice. Est...2500,00.
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