PERU: Felipe V, 1700-1746, AV 8 escudos cob (26.95g), 1711, KM-38.2, Calico-2119, assayer M, from the 1715 Plate Fleet wrecks, with custom folder, PCGS graded AU58. The 1715 Treasure Fleet was a Spanish treasure fleet returning from the New World to Spain. At two in the morning on Wednesday, July 31, 1715, seven days after departing from Havana, Cuba, under the command of Juan Esteban de Ubilla, eleven of the twelve ships of this fleet were lost in a hurricane near present-day Vero Beach, Florida. Because the fleet was carrying silver, it is also known as the 1715 Plate Fleet (plata being the Spanish word for silver). According to Cuban records around 1,500 sailors perished while a small number survived on lifeboats.
Estimate: 4,000-5,000 USD