Watch List notes:

Huge clump of 20+ small silver contraband "splash" ingots and one Mexican cob 8 reales, Philip IV, assayer P, 84 lb 4 oz troy, from the Concepcion (1641), ex-Tiffany's (1981). Roughly 6" x 4" x 3". Like all Spanish galleons, the Concepcion was carrying contraband in the form of small, unmarked silver ingots, and this unique clump shows maybe a couple dozen of them, neatly piled like pancakes and frozen together by coral and encrustation, the top few lightly polished for promotional display soon after recovery in 1978, the display made even more impressive by the appearance of a single coin of the kind found by the thousands on this wreck, a nice one with full oMP and denomination. Since the modern finds from this wreck lacked any gold or artifacts to speak of, this clump is probably the most valuable item possible to own from the Concepcion. From the Concepcion (1641).

Estimate: $10000 - 20000