Daniel Frank Sedwick, LLC > Treasure Auction 32Auction date: 3 November 2022
Lot number: 274

Price realized: 9,000 USD   (Approx. 9,224 EUR)   Note: Prices do not include buyer's fees.
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Lot description:

Madrid, Spain, gold cob 2 escudos, 1707/6 Y/F, unique and unlisted. KM-unl; Cal-unl. 6.74 grams. Very boldly struck, with choice full cross-and-tressure and clear bottom half of 07/6 of date at top, well-detailed full shield with very bold over-assayer Y/F below mintmark to left, bright yellow AU with spots of mercury damage here and there typifying this wreck (actually two ships sunk together, collectively nicknamed the "quicksilver galleons" for their cargo of mercury). This coin, while damaged, is numismatically very important in defining a link from assayer F (Fernando Vazquez?) to assayer Y (Ysidoro Parraga?) in the middle of the first decade of the 1700s, despite the apparent intervention of assayer BR (Bernardo Pedrera y Negrete) in 1703-4 and assayer J (Joseph Garcia Caballero) in 1704-6. Before the appearance of this 2 escudos, which is not yet recognized in the major Spanish publications, the only dates and denominations recorded for these two assayers (including as under-assayers) have been the following: 1R--1706(?) F, 1704 Y, 1707 Y; 8R--1706 Y, 1706 BR/Y; 1E--1706(?) F/BR; 4E--1707 F; 8E--1706/4/3 Y/BR, 1707 F. Also note that no other Madrid 2E are recorded for the entire period of 1703 to 1710. With Sedwick photo-certificate.Recovered from: Guadalupe-Tolosa, sunk in 1724 in Samana Bay, Dominican Republic.

Estimate: $2000 - $4000