Watch List notes:

Great Britain, large silver medal, 1687, James II, recovery of treasure from the Concepcion by Sir William Phips, 1971 restrike issued by the Turks & Caicos, copy #159, in original box with certificate.55 mm; 104.70 grams; the case about 4-1/2" squareChoice UNC example with frosty design elements set against mirrorlike fields, all covered in beautiful rainbow toning, some wispy hairlines, hallmark 0159 on edge. This is an exact replica of the famous medal issued in 1687 to commemorate the salvage of the Spanish wreck Concepcion (1641) by New Englander William Phips, this restrike scarce in its own right due to large-scale silver melting in the 1970s. Popular opinion is that the Turks & Caicos struck this medal to stake their claim on the wreck, which is nearby, but in the end the Dominican Republic had the gunboats to enforce their own claim instead.Housed in original red clamshell box with certificate #159.From: Great Britain
($125-200)