Santa Margarita Shipwreck Coin Treasure
Potosi Mint, M Assayer Juan Munoz 1617 Dated, Phillip III
Grade 1, 8 reales, Potosi mint, assayer M, 1617 dated- very rare ( the lower right portion of the 6 is visible along with both digits 17). Beautiful full cross with all of the lions and castles visible in the cross quadrants. The shield is nearly full, with most of the shield elements visible, though some are obscured by corrosion but can still make out the M assayer mark. Recovered from the wreck of the Spanish galleon Santa Margarita, the Atocha's sister ship. On September 6, 1622, both were lost during a hurricane near the Florida Keys and were recovered by Mel Fisher and his company, Treasure Salvors Inc. In comparison to Atocha coins, Santa Margarita coins are even more scarce especially dated coinsin this condition. A very desirable dated coin set in a custom 18k yellow gold bezel weighing 13.42 grams with 3.22 cts of Black Diamonds. From the Santa Margarita, sunk in 1622 west of Key West, Florida, with original photo type Fisher Certificate of Authenticity is included #2245.