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Capitana Shipwreck of 1654
Coin is Silver
Setting is Sterling silver
Nicely toned and light corrosion. The coin has decent crosses. The transitional piece with bold waves and date in legend.
This wreck was the largest loss ever experienced by the Spanish South Seas (Pacific) Fleet, of which the Jesus María de la Limpia Concepción was the capitana (“captain’s ship” or lead vessel) in 1654. Official records reported the loss of 3 million pesos of silver (2,212 ingots, 216 chests of coins, and 22 boxes of wrought silver), augmented to a total of as much as 10 million pesos when contraband and private consignments were taken into account. By comparison, the entire annual silver production in Peru at that time was only about 6-7 million pesos!