Watch List notes:

Gold chain, 24.09 grams, 54 links, ex-Santa Margarita (1622). 6-1/4" long. Fifty-four handmade 1/4" round links in high-karat gold (probably 22K or higher), all identical in shape and manufacture, with matte finish, part of a longer "money" chain designed to avoid heavy taxes from which personal jewelry was exempt. From the Santa Margarita (1622), with original Treasure Salvors tag and Fisher photo-certificate 43-M-80 (1982).
($3000-4500)