LOT #24219 |
Current Bid: $30
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, Cal-1124. 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 (10-26-2025 5:55AM CT)
More information about Mexican Coins. See also: Mexico World Coin Nationality.
Auction Info
2025 November 11 Spotlight: Shipwreck & Treasure featuring the Salvager Collection World Coins Showcase Auction #61563 (go to Auction Home page)
Proxy Bidding Ends
November
11th
Tuesday
6:50 pm CT
Auction Dates
November
11th
Tuesday
Proxy Bidding Time Remaining
16 Days
11h 50m 41s
Internet/Mail Bids: 3
Lot Tracking Activity: 6
Page Views: 39
Buyer's Premium per Lot:
20% of the successful bid (minimum $29) per lot.
This lot is in: 1 -
World & Ancient Coins Session
(Lots 24001-24321) - 7:00 PM Central Time, Tuesday, November 11, 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.]
Additional Location Info:
Heritage Auctions
2801 W. Airport Freeway
Dallas, TX 75261
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