Recovered treasure in Sedwick auction
Sunken treasure recovered from the 1622 wreck of the Spanish sailing ship Atocha will be among the highlights of an auction to be conducted May 3-4 by Daniel Frank Sedwick…
Sunken treasure recovered from the 1622 wreck of the Spanish sailing ship Atocha will be among the highlights of an auction to be conducted May 3-4 by Daniel Frank Sedwick LLC.
A massive 83 troy-pound, 7.52 troy-ounce silver bar recovered from the famous ship is estimated to bring $35,000 or more.
The Treasure, World, U.S. Coin and Paper Money Auction 21 will be live online at www.auction.sedwickcoins.com.
The large silver bar lay on the sea floor for over three centuries. The Atocha had sunk in a hurricane west of Key West, Fla.
Modern salvage operations conducted by Mel Fisher in the 1970s uncovered approximately 1,000 silver ingots and over 100,000 shield-type cobs.
Coins from the Atocha will be offered in the Sedwick auction as well.
Among these are a 1713 Mexico gold 8 escudo from the 1715 Fleet, graded Numismatic Guaranty Corporation MS 66. It has an estimate of $15,000-up.
An NGC-graded denomination set of gold Lima escudos dated 1710 recovered from the 1715 Fleet is estimated at $30,000 to $50,000.
A Bogota gold 1 escudo recovered from the 1715 Fleet and famously placed in a Salvation Army red kettle during the 2016 holiday season is estimated at $2,000 to $3,000.
An 1837 Cuzco gold 8 escudos, graded NGC MS-64 and tied for finest known has an estimate of $20,000 to $30,000.
A 35 troy-pound, 1.81 troy-ounce silver bar from the Maravillas shipwreck of 1656 is estimated at $10,000 to $15,000.
There are four silver bars recovered from the “Tumbaga Wreck” (circa 1528).
Over 200 Central American coins pedigreed to the Richard Stuart Collection will also be offered as will around 200 lots of U.S. and world bank notes.
Another object from the Atocha appearing in the auction is a gold and red-coral rosary. The rosary was featured in the June 1976 issue of National Geographic Magazine and is pedigreed to a 1988 Christie’s auction. The rosary is estimated at $25,000-up.
Bidders can register for the auction at www.auction.sedwickcoins.com in early April. A printed catalog will also be available early April at www.sedwickcoins.com
This article was originally printed in Numismatic News. >> Subscribe today.
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