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

 

 

 

 

 

  Mid-16th Century Oro Corriente from a circa 1553 Spanish Colonial Wreck

 

M70. A rare coin-like gold ingot, called in contemporary documents oro corriente or tejeulo,  marked with XX (=20k) fineness and weighing 27.76 gm,  equaling the correct gold content of an 8 escudos. In the absence of a Spanish gold coinage in 4 or 8 escudos, the early Colonial foundries could prepare on demand a rounded, coin-like ingot with the correct gold content for a 4 or 8 escudos. Melted and restruck as regular gold coinage by the mid-17th century, but for a few shipwreck specimens, we would know of the first Colonial gold issues only from documents. 

From the as-yet unidentified "Golden Fleece" wreck, whose Mexican coinage points to a circa 1553 wreck. 

     

An alloy analysis (included) was performed in 2014 using XRF scanner technology. The main question to be addressed with metallurgical analysis is the source of the gold. Colombia, Panama, and Mexico are all known sources of colonial gold in the mid-16th century. Oro corriente of this size and shape is very rare from Mexico and Panama. On-going research on the 16th Colonial mines in these countries as yet to yield a clear solution. 

 

This Golden Fleece ingot has been at auction one time in Treasure Auction 16 (11/5/14), lot 199, where it realized approximately $7600.

 

Available

 Terravitan@aol.com  or 480-595-1293

 

 

 

 

 

 

 

 

 

 

**************

 

 

 

 

 

 

 

 

   
i