SOLD
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This item SOLD at 2012 Oct 26 @ 22:11UTC-4 : AST/EDT
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Ornate gold "money" chain necklace, 83 links, 21" long. 128.1 grams. This chain is of identical design to but twice the length of lot 138 in the original Christie's (New York) auction of 1998, which sold for $22,000. The design consists of alternating twisted and straight oval links of fluted ribs, each about 10mm, with a small gap where the link could be opened and removed, adding support to the theory that these chains were used as tax-free money by simply taking out links, each of which had the value of about a 1/2 escudo (8 reales) in its time. Thirteen of the links show fine encrustation, but otherwise the chain is pristine and sharp, with none of the wear and tear usually seen on "money" chains. For five years (2006-11) this piece was displayed by the Mel Fisher Maritime Heritage Society museum, which deemed it one of the highest-quality specimens found (see accompanying letter). For practical reasons (since it is only choker length), the previous owner had copies of the links professionally made in Key West to add 4" (17 links, a little over 25 grams total), so that the chain could fit over his head, but those replica links have been removed and will be offered without obligation to the winning bidder at current melt value, added to the hammer price. With photo-certificate #FD0001 and letter from Mel Fisher Maritime Heritage Society. Recovered from: Atocha, sunk in 1622 west of Key West, Florida
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P.O Box 1964, Winter Park, Florida, 32790, United States
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Taxes:
| Tax | Rate | Desc. |
| FST6 |
6% |
Florida Sales Tax |
| FSTH |
6.5% |
Florida Sales Tax |
| FST7 |
7% |
Florida Sales Tax |
| F75 |
7.5% |
Florida Sales Tax |
| F675 |
6.75% |
Florida Sales Tax |
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
18% |
Additional Fees:
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Terms and Conditions
Last update: March 9, 2012
TERMS AND CONDITIONS
1) Each lot will be sold to the highest bidder unless the reserve or starting price is not met. Bids may be submitted in person or by mail, telephone, fax, email, or live on the Internet until each lot is closed during the live session. All bids must be received before the auction session begins. Daniel Frank Sedwick, LLC (hereinafter referred to as “Auctioneer,” or “we,” “us” or “our”) or any of its employees individually cannot be responsible for errors in bidding or the loss or delay of any bids that do not reach us by the closing date and time, or for any technical glitches that prevent internet bids from being executed. All bids are in U.S. dollars. In order to bid, every bidder must first register to bid online, which may be done via Auctioneer staff either verbally or in writing, as through submission of a Bid Sheet by fax or email. By submitting a bid, the bidder acknowledges having read and understood these Terms as well as the lot description, and the bidder agrees to be bound by these Terms. Bidder further agrees that an invoice describing the lot by number incorporates these Terms and the lot description.
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