LOT #65208 |
Current Bid: $25
Mexico: Charles III "El Cazador" 8 Reales 1783 Mo-FF Genuine NGC,...
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Description
Charles III "El Cazador" 8 Reales 1783 Mo-FF Genuine NGC, Mexico City mint, KM106.2.Salvaged from the "El Cazador" Shipwreck (sunk in 1784 off Louisiana).Considered by many as the ship that changed US History, the El Cazador was one of Charles III's last efforts to restore the economy of his North American colony: Louisiana. The ship was loaded in Veracruz with approximately 450,000 Pesos in value, broken in 8 Reales and its fractions--most coins struck in 1783 at the Mexico City mint--though older dates were also recovered from the wreck. The ship sailed to New Orleans on January 11th, 1784, never to be heard from again. Frustrated with the great loss, Charles III abandoned efforts to invest in the colony, one of which during the Napoleonic Era in Spain would be sold off by Napoleon himself to fund his efforts against Great Britain. The territory was acquired in 1803 by James Monroe, tasked by Thomas Jefferson, for the amount of $15 million (equivalent to about $337 million in 21st century currency), almost doubling in size and changing the United States territory forever.
Metal: Silver
Weight: 27.0674g
ASW: 0.7858oz
Melt Value: $38.50
Silver Spot: $49/oz (10-24-2025 3:52PM CT)
More information about Mexican Coins. See also: Mexico World Coin Nationality.
Auction Info
Wednesday & Thursday World & Ancient Coins Select Auction #232544 (go to Auction Home page)
Proxy Bidding Ends
October
30th
Thursday
6:50 pm CT
Auction Dates
October
29th-30th
Wednesday-Thursday
Proxy Bidding Time Remaining
5 Days
6h 31m 17s
Internet/Mail Bids: 2
Lot Tracking Activity: 8
Page Views: 27
Buyer's Premium per Lot:
20% of the successful bid (minimum $29) per lot.
This lot is in: 2 -
World & Ancient Coins Session
(Lots 65100-65270) - 7:00 PM Central Time, Thursday, October 30, 2025.
[Proxy bidding ends ten minutes prior to the session start time. Live Proxy bidding on Heritage Live now starts within 2 hours of when the auction opens for proxy bidding and continues through the live session.]
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