Watch List notes:

MEXICO:LOT of 9 Mexican silver 8 reales recovered from the wreck of the El Cazador including 1781, 1783 (8 pcs), all housed in custom plastic holders, with moderate corrosion from immersion in saltwater for a prolonged period of time, retail value $500, lot of 9 coins. The Cazador, sunk in 1784 off the coast of New Orleans, was a Spanish brig-of-war headed from Veracruz, Mexico to New Orleans under the direction of Captain Gabriel de Campos y Piñeda. Her cargo of some 450,000 pesos of newly minted silver coins was meant to stabilize the fragile economy in the Spanish possession of Louisiana, which had suffered from the use of French paper currency. Louisiana (Luisiana) was the name of an administrative district of the Viceroyalty of New Spain from 1762 to 1802 that represented territory west of the Mississippi River basin, plus New Orleans.

Estimate: 200-300 USD