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Research Coins: Feature Auction

 
711859
Sale: Triton IX, Lot: 1859. Estimate $1500. 
Closing Date: Monday, 9 January 2006. 
Sold For $3400. This amount does not include the buyer’s fee.

CHILE, Colonial. Ferdinand VI, King of Spain. 1746-1759. AV 8 Escudos (26.98 g, 12h). Santiago mint; Jose Larrañeta, assayer. Dated 1751. FERDINAND• VI • D • G • HISP • REX, draped and cuirassed bust right; *1751* below / NOMINA MAGNA SEQUOR, crowned coat-of-arms within Order of the Golden Fleece; *So* *J* below. Plate Hoard dies I/5; ME 10123; Calicó & Trigo 62; KM 3; Friedberg 5. EF, matte surfaces from water deposition. ($1500)

From the John F. Sullivan Collection; possibly from the River Plate Treasure (Sotheby's New York, 24-25 March 1993).

The River Plate Treasure is believed to be the cargo of the Nuestra Señora de la Luz, a Spanish-Portuguese treasure ship that foundered in a storm off Montevideo on 2 July 1752. Although most of the precious cargo was salvaged soon after the wreck, some 2000 gold coins and ingots were recovered in 1992, and part were sold by order of the Uruguayan government.