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Bolivia: Philip IV "Atocha" Cob 8 Reales 1622 P-T VF Details (Environmental Damage) NGC,... (Total: 3 items)

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Price:   
Grade: Details
Quantity: 1
PCGS Coin #: (not specified)
Last Update: 10/19/2026
Dealer:  (Terms) Heritage Auctions (HA.com)
Philip IV "Atocha" Cob 8 Reales 1622 P-T VF Details (Environmental Damage) NGC, Potosi mint, KM10, Cal-1436. 26.34gm. Grade 1. Accompanied by an 8 oz silver Medal and 2 oz gilt-silver plaque made with Atocha recovered silver. Salvaged from the "Nuestra Señora de Atocha" (sunk in 1622 off Key West, Florida). A full-weight survivor displaying crisp peripheries and a whimsical retrograde P for the mintmark. The shipwreck origin added to having been struck under assayer Tapia can undeniably date this piece to the first year of Philip IV, also the wreckage of the Atocha: 1622. The grade and quality of this piece is likely the reason why it was chosen to integrate the celebration of the 375th anniversary of the 1622 Terra Firme Fleet, reason why this coin is accompanied by a hefty 8 oz Medal, 2 oz plaque (#59 of 375) and a full presentation box. Sold with 1997 Promotional Box, plaque, Medal and Treasure Salvors photo-certificate 85A-TM1463. The Nuestra Señora de Atocha was the Admiral Galleon of the Tierra Firme Fleet, a twenty-eight-ship fleet carrying an unprecedented amount of treasure from the Americas. Sailing from Havana bound to Spain on the 4th of September 1622, the armada was hit by a massive hurricane in the Florida Keys, most of the fleet being decimated and the treasure sinking to the Atlantic seabed. The Spanish efforts to retrieve the precious cargo weren't fruitful, which led to the scattering of the vast amount of treasure across the Florida coast with subsequent hurricanes. The original manifesto of the Atocha was impressive: 24 tons of silver in 1038 ingots, 180,000 Pesos in silver coins, 582 copper ingots, 125 gold bars and discs, 1,200 pounds of worked silverware and other goods; and that's only what was officially transported, since smuggling treasure to avoid taxes was very common in the period, with some estimating that a large percentage of the total cargo was in contraband. In 1969, treasure hunter Mel Fisher began a long-lasting, 16-year ...

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