1782MO FF MEXICO 8R
Genuine Shipwreck Coin
NGC Shipwreck Certified
** El Cazador **
The El Cazador was a Spanish brig that sank in the Gulf of Mexico in 1784. In the 1770s the Spanish Louisiana Territory’s economy was faltering due to paper money that was not backed by silver or gold. Carlos III, King of Spain, decided to replace the worthless currency with valuable Spanish silver coins. On 20 October 1783 Charles III of Spain sent her on a mission to bring much-needed hard currency to the Spanish colony of Louisiana in order to stabilize the currency. The ship sailed to Veracruz, Mexico, where she was loaded with approximately 450,000 Spanish reales. To be more precise, she was loaded with silver Spanish coins, mostly 8 reales, “Pieces of Eight,” It carried 400,000 silver pesos and another 50,000 pesos worth of smaller change, of various dates. At one ounce to the peso, and 12 troy ounces to the pound, that's 37,500 pounds of silver. King Carlos III enlisted his most trusted captain, Gabriel de Campos y Pineda, to command the ship. On 11 January 1784, she sailed for New Orleans, and was never heard from again. Spain’s attempts to locate the ship were unsuccessful and in June 1784, El Cazador was officially listed as missing at sea.
El Cazador - 1782MO FF Mexico 8R
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-Limited Lifetime Authenticity Guarantee-
The Smoky Mountain Relic Room stands behind the items we sell with a limited lifetime guarantee. We will exchange any item for store credit if the item sold is found by a certified authenticator not to be the authentic artifact, fossil, meteorite, or mineral that we advertised it as being. A letter, specific to the artifact, fossil, meteorite, or mineral in question, from a certified authenticator (in the business under the occupation-specific to the item in question), must be brought in with the item for the return to be acceptable. This guarantee is for the lifetime of the initial purchaser only. See the Relic Room Manager, downstairs inside Smoky Mountain Knife Works, for more information. Original receipt required for exchanges.