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1610-1618D Gold 2 Escudos from the Santa Margarita Shipwreck PCGS MS61

Price On Request • 888-900-9948

Sister Ship of Nuestra Senora de Atocha

Very Rare. Pop 1.

Only 80 gold coins in total were recovered from the Santa Margarita, most without a legible date and many not in a condition for grading.

Description

The Spanish Treasure Galleons Santa Margarita and Nuestra Senora de Atocha are intimately linked in history as Sister Ships which sank in the force of a violent hurricane off the Florida Keys in 1622.

The Santa Margarita held more than 9,000 ounces of gold aboard her hulls, but surprisingly only about 80 pieces were in the form of actual gold coin.

The Atocha and Santa Margarita were the two treasure galleons in a fleet of 28 ships, the other 26 were all about “safety in numbers” since there was so much piracy on the seas. Afterall, these two ships were carrying the greatest treasure ever found up to that point, and arguably one of the greatest treasures of all time.

The two ships departed Havana on September 4th 1622 after a series of delays from the massive volume of the treasure being onloaded. This was six weeks late.

As fate would have it, each ship lost the vast majority of its crew and all of its cargo. The Santa Margarita alone lost 142 souls.

A mere 80 gold coins were recovered from the Santa Margarita in total. Most of those coins lack a legible date, and others are not able to be graded because of their state of preservation.

This example is the only one known of this issue. It is an extraordinary opportunity while it lasts.

Additional information

Grade

MS 61

Grading service

PCGS

World

Spanish Coins

Year

1610

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