Heritage World Coin Auctions > Showcase Auction 61364Auction date: 17 March 2024
Lot number: 21288

Price realized: 925 USD   (Approx. 850 EUR)   Note: Prices do not include buyer's fees.
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Lot description:


Mexico
Philip IV "Maravillas" Cob 8 Reales ND (1621-1656)-Mo Sea Salvaged NGC, Mexico City mint, Cal Type-319. 24.60gm. Accompanied by COA #000307. Salvaged from the "Maravillas" (sunk in 1656 off Grand Bahama Island, The Bahamas). Despite the peripheral flatness, this survivor is above average for the wreck and presents nicely in hand with significant glow and a lemon-amber patina.

The Nuestra Señora de Las Maravillas was the almiranta of the 1656 treasure fleet. Bringing a large amount of treasure officially, and likely lots in contraband as well, it carried much of the silver salvaged from the Capitana, wrecked two years before off modern Day Chanduy, Ecuador. Bad weather and unexpected shallow waters claimed the ship and most of its crew. Considered by some a cursed treasure, it once again found itself in the bottom of the seas, with some half of it recovered by the Spaniards, with the remaining cargo only rediscovered centuries later. After Bob Marx first initiated the salvaging of the wreck in the 1970's, some rare transitional pieces from the Potosi Scandal came to market, alongside rare Colombian silver Cobs. The second main salvaging brought many gold Cobs to market in the 1990's, with some believing the main hull is yet to be found.

https://coins.ha.com/itm/mexico/mexico-philip-iv-maravillas-cob-8-reales-nd-1621-1656-mo-sea-salvaged-ngc-/a/61364-21288.s?type=DA-DMC-CoinArchives-WorldCoins-61364-03172024

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