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Historical Background
Shipwreck coins. Philip V (1700-1746). 8 reales. 1739. Mexico. MF. (Cal-1453). . Nice patina with a strong bluish tone. Minimal traces of seawater corrosion and virtually no signs of wear. A very nice example.
Recovered from the “Reijgersdaal” shipwreck, sunk in 1747 off the coast of South Africa.
Slabbed by NGC as AU Details, Saltwater Damage, with the special “Shipwreck Blue Label” label.
The Reijgersdaal, a Dutch East India Company vessel, sank in 1747 between Robben and Dassen Islands while carrying eight chests containing nearly 30,000 silver coins, mostly Mexican pillar dollars in near-mint condition.
A storm snapped the anchor line and drove the ship onto the rocks, killing most of the crew and allowing only a single incomplete chest to be recovered.
The site was deemed too dangerous for further salvage, and it was not until 1979 that modern recovery began, yielding thousands of coins, including a small but significant group of Guatemalan and Upper Peru cobs—extremely rare in shipwreck contexts. Est...1200,00.
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