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Location: La Jolla, California
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Item: 305729153146
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Denomination:2 Escudos
Circulated/Uncirculated:Uncirculated
Design:Shield-Type Cob
Composition:Gold
Year:1715
Grade:MS 63
Country/Region of Manufacture:Mexico
Certification:NGC
“300th ANNIVERSARY FIND!” MEXICO 1711-1713 “1715 FLEET SHIPWRECK TREASURE” NGC 63 “FEATURED IN THE MEDIA BLITZ!!!” See the pics above in Gallery to view this EXACT coin in the Publications and was in the MEDIA stations all over the WORLD NEWS!!! This MEXICO 1711-1713 features a FULL Cross and Shield! Both of which are very nicely centered! . Very high grade and highly sought after, especially in Mint State!pd The Mexico 1 Escudo coins from 1711-1713, associated with the 1715 Fleet shipwreck, are fascinating artifacts that offer a glimpse into the economic and maritime history of the Spanish Empire during the early 18th century. These coins are not only valuable due to their gold content but also because of their historical significance and the dramatic circumstances surrounding their loss and recovery. Historical Background The 1715 Treasure Fleet, also known as the Plate Fleet, was a convoy of Spanish ships tasked with transporting vast amounts of wealth from the New World back to Spain. This fleet was part of the annual treasure fleets that sailed between Spain and its colonies, carrying precious metals, gems, and other goods. In 1715, the fleet was composed of eleven ships, heavily laden with gold and silver mined in the Americas. On July 30, 1715, the fleet encountered a hurricane off the coast of Florida, leading to the sinking of most of the ships. The disaster resulted in the loss of hundreds of lives and a significant portion of the treasure, which was scattered along the ocean floor. The Spanish crown undertook salvage operations soon after the wreck, recovering some of the treasure, but much remained lost for centuries. Coin Characteristics Mint and Production: The 1 Escudo coins were minted in Mexico City, one of the major minting centers in the Spanish colonies. The mint was responsible for producing coins that would be used throughout the Spanish Empire. Design: The obverse of the coin typically features the cross of Jerusalem, a common design element in Spanish colonial coinage, symbolizing the Catholic faith. The reverse often displays the Habsburg shield, representing the royal arms of Spain. The coins from this period may also include the mint mark “Mo” for Mexico City and the assayer’s initials. Material and Specifications: These coins are made of gold, with a purity of approximately 22 karats. The 1 Escudo coin generally weighs about 3.38 grams. The coins were hand-struck, resulting in irregular shapes and slight variations in design details. Recovery and Significance The 1715 Fleet shipwreck remained largely undisturbed until the 20th century when modern treasure hunters began to locate and salvage the wrecks. The recovery efforts have yielded a wealth of artifacts, including gold and silver coins, jewelry, and other treasures. Coins recovered from the 1715 Fleet are often accompanied by certificates of authenticity, verifying their origin from the shipwreck. Collectibility and Market Value Coins from the 1715 Fleet are highly sought after by collectors due to their historical significance and the romantic allure of sunken treasure. The market value of these coins can vary significantly based on factors such as condition, rarity, and provenance. Coins that are well-preserved and come with documentation of their recovery from the shipwreck can command premium prices at auction. Conclusion The Mexico 1 Escudo coins from the 1715 Fleet are more than just pieces of gold; they are tangible connections to a dramatic chapter in maritime history. Their story encompasses the wealth and ambition of the Spanish Empire, the perilous nature of transatlantic voyages, and the enduring allure of lost treasure. For collectors and historians, these coins offer a unique opportunity to own a piece of history that has survived the depths of the ocean for over three centuries.
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