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          "1715 PLATE FLEET"             MEXICO  ~ NGC 63


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PEDIGREED (43 YEARS ago Last on Market) in SCHULMAN sale “SPANISH GALLEON TREASURE AUCTION” in 1972 in NY at Waldorf – Astoria Hotel, LOT # 485 Described as follows:  8 Escudos 1714 oMJ.  Fully DATED on REVERSE!  Sharp Large Planchet almost a “ROYAL.”  Perfect GEM!   (27.1 gm)  (see attached pictures of auction catalog and the exact lot and write up).

This Gold Doubloon is the FINEST KNOWN of ONLY 9 pieces Certified!  These very rare pieces and were struck very similar to the famed “ROYALS.”  ONLY 8 ESCUDOS DATED 1714 are SOMETIMES “4 DIGIT DATED on REVERSE AT 12 O'CLOCK" allowing "DEI G." to be extended to "DEI GRAT."!  Also, these were only struck in the first few months of 1714, accounting for the Rarity!  This is the ONLY piece (see comps below) that we’ve been able to find through our research that contains 100% of 3 important characteristics:  FULL CROWN, FULL DATE and FULL KING’s NAME.  What’s most aesthetically luring about this piece of Sunken Treasure is the color of the GOLD…. Almost un-describably brilliant, such a deep luster, the brightest GOLD I’ve ever seen (attesting to it’s high carat content), literally shines like pure 24 kt Gold!  It’s an honor to bring this “Presentation Piece” to the open market for all to enjoy!


A full ROYAL sold in early 2014 in a 64 grade at $300,000.00  ($293,750 to be exact).  The piece featured here is about as  close as you can get without paying $300,000!  
We have found 4 other pieces in all our research, these photos also attached to this listing.  The FIRST piece was sold in JAN. 2009 (almost 7 years ago) in an sale, it SOLD for $23,000 approx. with the buyer’s fee and was listed as Choice EXTREMELY FINE (in grade) it has encrustrations scattered throughout, good centering, but only approx. 50% of the date is visible (bottom half), also the KING’s name is approx. 70% missing as well.  The surfaces are reflective of the encrustation and sandwashing (rough surfaces), but is well centered and is a Very nice Doubloon as well. * Interestingly, this exact piece was in the same auction, back in 1972, one lot before the piece we are featuring here (lot #484).

The Second comp (pic attached)  is of the same variety as well and sold in auction approx. 2 Years (2013) in a NGC 61 Grade for just over $21,150.  The date is approx. 60% visible, the Crown about 70% visible and the King’s name about 1% visible (99% missing).  More importantly, there’s 2 or 3 hard Rim dents (edge dings), which is aesthetically damaging and effects the value.  

The Third piece was sold back in  Jan. 2014  in auction as is of the same variety but Damaged as noted on PCGS holder (H2o Damage), but is listed as Unc details.  It’s lacking the King’s name entirely, the Crown is above average but cut off at the top, as all others are that we’ve seen. The date is better than the others, but has severe edge damage as well or rim dents and of course salt water damage (as mentioned on holder.

The 4th piece also sold in auction, RAW “UN-Certified” in April 2012 for just under $15,000 but is in very poor condition (in my opinion), it’s lacking it’s DATE, CROWN & King’s name entirely.  


The 1715 Treasure Fleet was a Spanish treasure fleet returning from the New World to Spain. In the evening of July 30, 1715 , seven days after departing from Havana, Cuba, 11 of the 12 ships of this fleet were lost in a hurricane near present day Vero Beach, Florida. Because the fleet was carrying silver, it is also known as the 1715 Plate Fleet (plata being the Spanish word for silver plate).  Some artifacts and even coins still wash up on Florida beaches from time to time.

Around 1,000 sailors perished while a small number survived on lifeboats. Many ships, including pirates, took part in the initial salvage. Initially a privateer, Henry Jennings was first accused of piracy for attacking such salvage ships and claiming their salvages.  Thus, earning this coinage the name of “Pirate’s Gold!”

The story begins with the “War of the Spanish Succession” ending, as well as the death of the Spanish Queen.  King Philip found a new bride, Elizabeth Farnesse, Duchess of Palma and needed a new Queens Dowry.  The king would send two separate fleets to the New World (after the Government had cancelled all sailings from the Americas to Spain for two years), which would load up at separate ports ~ Vera Cruz and Cartegena, then meet up in Havana.  The plan was to have one large Armada with a heavy navel escort, carrying the accumulated precious metals and jewels from the last three years.  Of which, the average year sailed in between 90 and 120 million francs.

Treasure ~   The Cartegena Fleet arrived first in Havana (in March), loaded down by chests filled with Gold coins (from Santa Fe de Bogota), Colombian Emeralds from Muzo mine and gold jewelry from Peru.  Awaiting the fleet of Vera Cruz, commanded by Gen. Don Juan Eseban de Ubilla, carrying Gold and Silver ingots.  However Don Juan was delayed in Vera Cruz awaiting pack mule trains from Acapulco.  Finally in the first week of May the mule train arrived with their silks, ivories and blue and white porcelains.  The details of the Queens jewels are blurry at best, but were known to include and Emerald ring weighing in at 74 carats, a heart designed from 130 matched pears, a pair of earrings each of 14 pears and a rosary of pure coral.  There were 8 chests in total and stowed in Ubilla’s cabin (who was a senior military officer and had overall command).

After many other delays, finally the Galleons left Havana on Wednesday July 24th, with favorable winds pushing them at nearly 6 knots.  By the 29th the winds were over 70 knots, with gusts hitting over 100 knots.  The chaplain said, “the water flew in the air like arrows, doing injury to those it hit.”  Finally, at 2:30am on July 31st, the flagship hit the reefs and torn apart, throwing all off her decks and 223 sailors were pounded to death by the rocks.  More than 700 men were missing, wreckage and bodies scattered for almost 30 miles along the coast.  

For the next four years the Spanish attempted to salvage the treasure, but finally ceased in 1719.  The dangers or sharks, pirates and Indians were just too great.  Records show approx.. 30% of the inventoried treasure was recovered, which is a low estimate due to much of the inventory being kept off the books to avoid the king’s tax. There was an estimate of 14 million pesos registered treasure lost.

This sunken fleet of Galleons is still giving up her Treasure!  In 2010 the claim owners discovered the only bronze swivel gun ever found on the 1715 Fleet. Tucked away inside this the bronze cannon were 51 Gold Escudos and 40 Silver Reales. Shortly after was another discovery of the most amazing artifact, the “Pelican in Piety,” worth $885,000.  Then in July 2014, the claim owners crew recovered another 51 Gold escudos valued at $300,000.   Most recently, another find of 50 Feet of Gold Chain and 5 additional Gold escudos were just recovered, approx.. $300,000 in value.


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On Dec-01-12 at 17:05:14 PST, seller added the following information: