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Potosi, Bolivia, cob 8 reales, 1709Y, very rare and popular provenance, in original frame with certi

Currency:USD Category:Coins & Paper Money / Shipwreck - Silver Coins 1660s-1740s Start Price:4,000.00 USD Estimated At:5,000.00 - 7,500.00 USD
Potosi, Bolivia, cob 8 reales, 1709Y, very rare and popular provenance, in original frame with certi
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This item SOLD at 2019 May 02 @ 16:16UTC-4 : AST/EDT
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Potosí, Bolivia, cob 8 reales, 1709Y, very rare and popular provenance, in original frame with certificate from Betts and Bernstein (Silver Screen Partners) investment. S-P43a; KM-31; CT-869. Coin: 25.25 grams; frame: 21-1/2” x 13-1/2”. Solid coin with clear date and assayer, no noticeable corrosion, typically weakly struck, patchy toning, elegantly framed with original certificate and postcard showing an engraving of the ship as from a presentation to investors in the 1990's that proposed to (essentially) turn the Whydah museum into another Florida theme park. One of the more important numismatic aspects of the famous Whydah finds is the fact that a relatively large amount of cobs from Lima and Potosí were recovered, perhaps explaining the relative paucity of those coins found from the 1715 Fleet in our time—in other words, the majority of those coins were taken off the Fleet wrecks by pirates and ended up with Bellamy on the Whydah! As with all the coins selected for these displays, the original certificate mistakenly calls the mint “Mexico,” but there is also replacement certificate showing the correct mint; we have left the display intact, however, as a relic of the investment scheme that indirectly brought the otherwise unobtainable Whydah coins to market in recent years. Framed with original Maritime / Betts & Bernstein certificate #102421, with separate new certificate.