8 escudos. Spanish Monarchy. Shipwreck coins. Fernandus VI (1746-1759). 1751. Santiago. J. Bold strike, especially for an issue that often exhibits significant central strike weakness. Full luster. Surface hairlines on the obverse. Rare. Recovered from La Luz, sunk in 1752 off Montevideo, Uruguay. Slabbed by NGC as UNC Details, Cleaned. Special label Shipwreck Blue Label. The Nuestra Señora de la Luz, a Portuguese vessel leased by Spain, sank in 1752 off Montevideo while carrying a major shipment of gold and coinage bound for the Peninsula. Although over 90% of the treasure was recovered shortly after the wreck, the powder hold—where roughly 200,000 pesos of contraband had been hidden—remained undiscovered until 1992. That year, divers recovered thousands of Santiago-mint milled 8 escudos, along with 95 gold cobs (mostly Lima) and 353 silver cobs from Potosí. The escudos were found in pristine condition, while the silver cobs showed typical degrees of corrosion. La Luz - UNC Details. Cal. 824. Cal onza. 644. Au.

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Lot description

Shipwreck coins. Fernandus VI (1746-1759). 8 escudos. 1751. Santiago. J. (Cal-824). (Cal onza-644). Au. Bold strike, especially for an issue that often exhibits significant central strike weakness. Full luster. Surface hairlines on the obverse. Rare.

Recovered from "La Luz", sunk in 1752 off Montevideo, Uruguay.

Slabbed by NGC as UNC Details, Cleaned. Special label "Shipwreck Blue Label".

The Nuestra Señora de la Luz, a Portuguese vessel leased by Spain, sank in 1752 off Montevideo while carrying a major shipment of gold and coinage bound for the Peninsula.

Although over 90% of the treasure was recovered shortly after the wreck, the powder hold—where roughly 200,000 pesos of contraband had been hidden—remained undiscovered until 1992.

That year, divers recovered thousands of Santiago-mint milled 8 escudos, along with 95 gold cobs (mostly Lima) and 353 silver cobs from Potosí. The escudos were found in pristine condition, while the silver cobs showed typical degrees of corrosion. Est...5000,00.

Starting bid

2.500 €

Current bid

5.000 €

Bid history ( bids)

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Lot 145 | Spanish Monarchy

Historical Background

Lot description