Robert's Notes: Visible "76" date in red circle, the Pillars and Waves and cross are nicely visible. The sea wear indicates this piece was recovered from the shallow water part of the shipwreck, where there was a lot of sand and wave action. This is a perfect starter piece of 8 for the price. We treasure hunters call them "Key West Dog Tags." This treasure coin has details, but perhaps my favorite thing about it is the sea-wear that really highlights the shipwreck provenance of this treasure coin.
The "split" on the side was actually done when the coin was struck. We see this a lot with Consolacion coins, where the planchet was not re-annealed (softened with heat) and then struck, and the metal split when the die was struck with a hammer to make the imprint. It's pretty cool.
While each coin does not have every detail, the most striking feature is the two upright “pillars” which represent the Pillars of Hercules; the waves below, the Atlantic Ocean. Starting in the 10 o’clock position there is a “P” for Potosi, next is a number for the denomination. Next is the assayer’s initial. The two or three numerals above the center wave are the date. Through the center runs the phrase PLV SVL TRA – “Plus Ultra” – More Beyond the Pillars of Hercules. On the reverse is the crusaders cross, with lions and castles in the four quadrants representing the early Spanish kingdoms of Leon and Castile. Coins minted in the 1700s will have three digits, i.e. 737 for 1737.
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