La Capitana Shipwreck - 8 Reales - Phillip IV - Dated 1654

Denomination: 8 Reales   Weight: 19.07 Date: 1654 - 3 dates Mint: Potosi Assayer: "E" Antonio de Erqueta Grade: XF Mount: 14K gold with 2mm diamond accents on the prongs Description: Philip IV "Capitana" Cob 8 Reales. (Saltwater Effect), 19.07gm. Obverse: Pillar and Wave design with a bold strike. Bold date of 1654. Assayer, and Kings name clearly visible. Reverse: Salt water damage with clear Jerusalem cross visible.  Some legend visible with clear "DG" (grace of God) at top.History: The wreck of the Capitana, or the lead ship of the Spanish South Seas (Pacific) Fleet, would become the largest loss ever experienced by the Spanish armada. After striking the Punta Santa Elena reefs, The Jesus María de la Limpia Concepción lost a reported 3,000,000 pesos of silver, extended to a total of approximately 10 million pesos when considering the un-recorded contraband and treasure aboard. Sadly, due to the unregistered cargo that was stored atop the anchor cables and foredeck, the cre