KIERSTEAD, Jeff    PNG #699 since 2011


SecurityMetrics for PCI Compliance, QSA, IDS, Penetration Testing, Forensics, and Vulnerability Assessment, Internet Coin Dealer, Bedford, NH :: MISCELLANEOUS :: Shipwreck Coins :: Eight Reale from The Wreck of The Maravillas
Eight Reale from The Wreck of The Maravillas
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$99.99 Each


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8 Reale Silver "Pieces Of Eight" or "Cobs" From The Wreck Of The "Maravillas"

These coins were recovered from the Nuestra Señora de las Maravillas which sank off Grand Bahama island in January 1656. Like most shipwreck coins these pieces have been worn down by the sea, but all generally show clear crosses and shields and some even have dates.

The Maravillas was home bound with the Spanish fleet when it was accidentally rammed by one of the other ships in the fleet. Loaded with over 5 million Pesos and already in shallow water, the captain attempted to ground the ship on a nearby reef. High winds caused the ship to break up during the night and nearly all of the 650 people on board died.

Soon after the wreck, Spanish salvagers recovered about a half a million pesos and subsequent efforts over the next several decades still left more than half the official treasure unrecovered.

The first modern salvage effort took place in 1972, with other successful salvages in the late 1980's and early 1990's. The wreck site is still being searched today, though the Bahamian government has not granted any leases (needed to legally bring up the treasure) on the site since the 1990's efforts.

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