Watch List notes:

MEXICO: Carlos III, 1759-1788, AR real, 1783-Mo, KM-78.2, assayer FF, recovered from the "El Cazador" shipwreck, NGC graded Fine. 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: 50-75 USD