Fewer than 7,200 collector-grade coins available for purchase
Sailing in haste with hopes to escape an impending attack by the British and Dutch armies, the São José ultimately met her demise in 1622. For nearly 400 years the treasures onboard from the Portuguese Empire were lost along with the carrack. For the first time ever after their spectacular 2005 recovery by Arqueonautas Worldwide, which holds the title to the São José, these legendary coins are now available for private ownership. Odyssey Marine Exploration, Inc. has secured exclusive rights to broker the coins from the São José shipwreck. Fewer than 7,200 collector-grade coins have been recovered.
Under the command of Francisco da Gama, the great grandson of the legendary explorer Vasco da Gama, the São José was the flagship of a fleet on a mission for Phillip III, King of Spain and Portugal, carrying an impressive cargo of silver coins. Francisco was also on his way to reign as the Viceroy of India. However, the São José never reached her destination when after the British and Dutch attacks she perished off the coast of Mozambique.
The São José carried an impressive cargo, the legendary silver treasure of Philip III, King of Portugal, that had been handed over to Francisco da Gama on his way to India. The shipment included nine chests filled with thousands of silver reales coins produced in both the Old and New World mints.
“This historic find offers a very rare opportunity for coin collectors. The São José collection is composed of a unique assortment of Old World and New World mints, laden with rich history, and there are only very few coins available for sale considering the size of the world-wide coin collecting community” said John Longley, Odyssey’s Director of Business Development.
“The Portuguese 1622 São José is an outstanding discovery for two reasons – for her cultural and historical significance accompanying the Vice Roy of India to Goa, and for her commercial value carrying the “Kings money” which we were able to recover from the shipwreck. These coins provide scientific proof of the importance of the Spanish Real as the only true global currency of its time. Some of the coins on board were found to have changed ownership three times in a period of only 12 months moving half around the globe,” commented Niki Graf Sandizell, CEO of Arqueonautas.
According to historic coin expert and author Carol Tedesco, a treasure of this nature does not come along very often. “Not only does the assortment include some truly rare varieties, the treasure features an amazing scope of world-wide commerce in the 16th and 17th century,”
Tedesco commented. (more…)