Gold Cobs from the Florida shipwrecks of the 1715 Fleet & other New World wrecks. Spanish Colonial gold and silver coins from Lima, Mexico, Cuzco, Bogotá, Cartagena, and other mints.

 

 

Home

 

Contact us

 

 

 

     Philip V (1700-1746)

 

                               FROM THE 1715 PLATE FLEET

 

L 99. Viceroyalty of El Peru, Lima 1709 M eight escudos. A spectacular mint state example of this very scarce Fleet date. In my opinion, the finest 1709 Lima onza. Highly lustrous and beatifully centered on both the pillar and cross sides. Large planchet and boldly struck throughout. NGC MS 63 1715 Fleet (none higher ar either service).

 

The quality of this striking continues to amaze me. Every other choice 1709 onza that we've examined, both in private hands and in the Florida State Collection (see Florida St. coin #1701), shows a fair amount of doubling plus a noticeably off-center strike on a smaller size (31 mm) planchet. This onza could be just a happy accident at the anvil, but we wonder whether at the beginning of his tenure as Lima gold assayer Felix Melgarejo (M) didn't prevail on the coiners to strike a few near presentation-quality onzas. In any case, the rest of the 1709 mintage is not exemplary for the quality of its strike or surfaces, and no other 1709 onza looks like this! Diagonal die polishing lines throughout enhance the luster.

 

 

From the pristine condition of the dies and the presentation quality of the coin, we believe this onza came from the first production of 1709, delivered to gold merchant G. Fernandez on April 13 in Lima. Prior to the salvages of the 1715 Fleet only two 1709 Lima onzas were known to have survived. The Douglass Beach 1715 wrecksite, in 1964 and again in 1988, have contributed something more than a dozen additional 1709 onzas to that population. This spectacular 1709 was found in July of 1988 on that wrecksite.

 

   

 

 

Available. Price on request.

 

terravitan@aol.com or 480-595-1293