Image Lot Price Description
2509
$67,850.00
Revised: 9/25/2013 

Correction: Measurements should be stated in centimeters not millimeters.

HISTORIC AND RARE 88LB. SOLID SILVER INGOT FROM THE SPANISH TREASURE SHIP “ATOCHA”, CA 1622. On July 20th, 1985, Mel Fisher discovered what is considered to be the most exciting and most significant trove of sunken treasure ever retrieved. The bullion and coins were that of the treasure galleon “Atocha” from King Philip IV tierra firme fleet. The ship in question sunk in a terrible hurricane near the Florida keys on September 6th, 1622. Much of the silver had originally been mined and processed in upper Peru which is today’s modern Bolivia. The ingots were poured into a mold and then struck with a serial number which would: a) include the list on the ship’s manifest. b) The assayor would then remove his “bite” (as can be seen on the top of the silver bar), to attest to the purity of the silver. c) Once purity was established, the ingot was struck with “ley” or a fineness number; 2400 being the purest. This bar is noted on the certificate as having a carat purity of 2380 (and as 2400 being the purest, this bar assayed out as being nearly pure silver). d) Each bar, other than the royal quinto, was subject to a 20% tax and was struck with a tax seal often on several locations on the bar indicating that the tax had been paid. e) Monograms and designs indicating the owner or shipper and various other marks are not original but made by various handlers or shippers recording their transactions on the bars. f) Some of the bars are dated with the year. The bar is approximately 35.2 millimeters by 13.2 millimeters. Precious metal continues to be one of the most popular means of preserving part of one’s investment but what better form of investment could one consider to have than the value of the precious silver but also to have it in a form of extraordinary antiquity that dates back approximately 400 years. This bar will be sold with its signed original certificate. SIZE: The weight is approximately 88 troy lbs and 8.32 troy ounces. PROVENANCE: Treasure Salvors, Inc. Certificate of Authenticity. CONDITION: As found and generally excellent condition. 4-49228 JDJ1 (35,000-45,000)


Auction: Firearms - Fall 2013
Please Note: All prices include the hammer price plus the buyer’s premium, which is paid by the buyer as part of the purchase price. The prices noted here after the auction are considered unofficial and do not become official until after the 46th day.