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$1 Million In Gold Coins From 1715 Shipwreck Go On Market

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Steele's Avatar
United States
1119 Posts
 Posted 11/07/2016  9:03 pm Show Profile   Bookmark this topic Add Steele to your friends list Get a Link to this Message Number of Subscribers
http://www.msn.com/en-us/news/us/fi...&ocid=HPCDHP

A Blanchard news release says the coins were struck in Columbia, Mexico and Peru. They were dated between 1692 and 1715. Most are from a discovery made in 6 feet of water about 100 feet off the coast of Vero Beach, Florida.

"You're dealing with something that's over 300 years old," Baudot said. "Everybody dreams about walking down the beach and finding treasure."

Ships of the 1715 fleet were heading to Spain from Havana when they encountered the hurricane near what is now Vero Beach. Some 1,000 people died in the maritime disaster.


$1-Million-In-Gold-Coins-From-1715-Shipwreck-Go-On-Market
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Steele's Avatar
United States
1119 Posts
 Posted 11/07/2016  9:06 pm  Show Profile   Bookmark this reply Add Steele to your friends list Get a Link to this Reply
300 years in the ocean and still MS62
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Spence's Avatar
United States
34397 Posts
 Posted 11/07/2016  9:11 pm  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply
interesting!
"If you climb a good tree, you get a push."
-----Ghanaian proverb

"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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pepactonius's Avatar
United States
9395 Posts
 Posted 11/07/2016  9:33 pm  Show Profile   Bookmark this reply Add pepactonius to your friends list Get a Link to this Reply
Perhaps gold coins hold up underwater better than silver or copper coins? I wonder what effect prolonged sea water immersion would have on a modern .9999 gold bullion coin?
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Debrajc's Avatar
United States
4211 Posts
 Posted 11/07/2016  9:35 pm  Show Profile   Bookmark this reply Add Debrajc to your friends list Get a Link to this Reply
...Only in my dreams I would own a beautiful shipwreck coin like that.
Thanks for posting!
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TypeCoin971793's Avatar
United States
6370 Posts
 Posted 11/08/2016  07:13 am  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply
"Coins are dated between 1692 and 1715."

OP coin is dated 1689.
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GR58's Avatar
United States
11951 Posts
 Posted 11/08/2016  09:04 am  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
Very nice ..
And I agree it would be nice to have one of these in my collection.

The article says 295 coins are being marketed ... I wonder how many total
could end up on the market.
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Steele's Avatar
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1119 Posts
 Posted 11/08/2016  9:54 pm  Show Profile   Bookmark this reply Add Steele to your friends list Get a Link to this Reply

Quote:
"Coins are dated between 1692 and 1715."

OP coin is dated 1689

Ha! I did not notice that. Why is the 16 of 1689 in parenthesis?
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TypeCoin971793's Avatar
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 Posted 11/08/2016  11:28 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply
Because 89 is on the flan while 16 is not.
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Chute72's Avatar
United States
1314 Posts
 Posted 11/09/2016  01:26 am  Show Profile   Bookmark this reply Add Chute72 to your friends list Get a Link to this Reply
Gold is quite inert. It doesn't like to react with surrounding materials. One of the reasons it is valued for money and jewelry.
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Conder101's Avatar
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17884 Posts
 Posted 11/09/2016  11:06 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
Because 89 is on the flan while 16 is not.

And on some coin types the entire date was never on the coin. Some kinds only use the last three or maybe even just the last two.
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UltraRant's Avatar
Norway
1358 Posts
 Posted 11/09/2016  12:14 pm  Show Profile   Bookmark this reply Add UltraRant to your friends list Get a Link to this Reply
This is a really neat coin and it shows once again what an amazing metal gold actually is.
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