The listing, 1783 Silver Dollar - SHIPWRECK COIN!!!! AMAZING RARE COIN! has ended.
Heres a rare 1783 (date is fully visible see last photo) Silver Dollar. Although the coin is technically a 1783 Spanish 8 Reale Coin was used as American Legal Tender until the 1850s!
Ever heard the song "shave and a haircut . . .2 bits" and wondered what 2 bits was? Well in order to make change this coin was frequently cut into 8 equal pie shaped pieces (bits) 2 of which would have equaled a quarter.
This is whats called a bust-type coin (the bust on this one being a portrait of Charles the III) and would serve as inspiration for most of the future coins minted in the United States.
Aside from the obvious significance of the coins age, the coin has the added bonus of coming from a very historically significant shipwreck The El Cazador (Spanish for the Hunter).
At the end of the American Revolution, Spain controlled the largest colonies in the world. In December of 1783 King Charles had thousands of tons of silver minted into 90 percent silver 8, 2, 1, and 1/2 Reale denominations in Veracruz Mexico (where the silver was mined from). The coins were loaded onto the brig of war ship the El Cazador bound for lousiana by way of the gulf of Mexico. The coins were slated to pay a large debt owed to France by Spain. The ship sank in a storm in January 1784. The loss of the silver forced King Charles to sell Louisana (at the time 530 million acres) to France to satisfy the debt. This is important because this same land would then be sold to the fledgling USA shortly thereafter by France to finance a war, doubling the size of the U.S. OVERNIGHT!
The Cazador wouldn't be heard from again until her discovery in 1993 on accident by a fishing trawler who snagged some of the coins in its nets
So you can see, how historically important this coin is on many levels! Without the sinking of the Cazador the U.S. border may have ended today at the Mississippi River!
Don't miss a chance to own this amazing piece of history comes with full COA an documentation