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Daniel Frank Sedwick, LLC
Treasure Auction 25  2-3 May 2019
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Lot 442

Starting price: 4000 USD
Price realized: 5750 USD
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Potosí, Bolivia, cob 8 reales, 1709Y, very rare and popular provenance, in original frame with certificate from Betts and Bernstein (Silver Screen Partners) investment. S-P43a; KM-31; CT-869. Coin: 25.25 grams; frame: 21-1/2" x 13-1/2". Solid coin with clear date and assayer, no noticeable corrosion, typically weakly struck, patchy toning, elegantly framed with original certificate and postcard showing an engraving of the ship as from a presentation to investors in the 1990s that proposed to (essentially) turn the Whydah museum into another Florida theme park. One of the more important numismatic aspects of the famous Whydah finds is the fact that a relatively large amount of cobs from Lima and Potosí were recovered, perhaps explaining the relative paucity of those coins found from the 1715 Fleet in our time-in other words, the majority of those coins were stolen off the Fleet wrecks by pirates and ended up with Bellamy on the Whydah! As with all the coins selected for these displays, the original certificate mistakenly calls the mint "MEXICO," but there is also replacement certificate showing the correct mint; we have left the display intact, however, as a relic of the investment scheme that indirectly brought the otherwise unobtainable Whydah coins to market in recent years. Framed with original Maritime / Betts & Bernstein certificate #102421, with separate new certificate. Recovered from: Whydah, sunk in 1717 off Cape Cod, Massachusetts
($5000-7500)
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