Note from Robert: Less than 10% of the coins minted at this time were 2 reales. The majority were the large 8 reales.
El Cazador set sail on January 11, 1784, and was never heard from again. Historians speculate that had El Cazador reached her destination, Spain may never have transferred ownership of New Orleans and the surrounding territory back to France in 1801 - a transfer that paved the way for the United States acquisition of the Louisiana territory in 1803. 200 years after El Cazador’s sinking, a butterfish trawler, Mistake, snagged her nets 50 miles south of Louisiana in the Gulf of Mexico. The crew held their breath as they raised what were sure to be damaged nets. Mysterious black clumps were all they found. While some crew members kicked them into the water, the cry of "COINS! COINS!" rang out. El Cazador, and her treasure, was found at last. Our old treasure salvor friend, Craig Boyd conducted the "delicate and dangerous" (as he describes it) process of bringing El Cazador's cargo to the surface in 2002.